 In what state is Purple Innovation, Inc. a corporation?
Lenders shall have received (whether by assignment or transfer) not less than 2,500,000 warrants that entitle the holder to purchase 1,250,000 shares of common stock of Purple Innovation, Inc., a Delaware corporation (“Parent Guarantor”), which, in each case shall be allocated ratably to Lenders in accordance with their loan percentages on the Closing Date as set forth on Schedule 1.1 hereto.
Delaware