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BRIEF-Kidpik And Nina Footwear Announce Entry Into Definitive Merger Agreement
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BRIEF-Kidpik And Nina Footwear Announce Entry Into Definitive Merger Agreement
Apr 1, 2024 3:46 PM

April 1 (Reuters) - Kidpik Corp ( PIK ):

* KIDPIK AND NINA FOOTWEAR ANNOUNCE ENTRY INTO DEFINITIVE

MERGER

AGREEMENT

* KIDPIK CORP ( PIK ) - BOARD OF DIRECTORS OF BOTH COMPANIES HAVE

APPROVED THE ALL-STOCK TRANSACTION

* KIDPIK CORP ( PIK ) - COMBINED COMPANY WILL OPERATE AS NINA

HOLDINGS

CORP

* KIDPIK CORP ( PIK ) - UPON CLOSING THEREOF, NINA FOOTWEAR'S

STOCKHOLDERS WILL OWN 80% OF KIDPIK'S OUTSTANDING COMMON STOCK

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