Brief: Kidpik And Nina Footwear Announce Entry Into Definitive Merger Agreement

Kidpik

01/04/2024 23:21

April 1 (Reuters) - Kidpik Corp  PIK.O :
    * KIDPIK AND NINA FOOTWEAR ANNOUNCE ENTRY INTO DEFINITIVE
MERGER
AGREEMENT
    * KIDPIK CORP -  BOARD OF DIRECTORS OF BOTH COMPANIES HAVE
APPROVED THE ALL-STOCK TRANSACTION
    * KIDPIK CORP -  COMBINED COMPANY WILL OPERATE AS NINA
HOLDINGS
CORP
    * KIDPIK CORP -  UPON CLOSING THEREOF, NINA FOOTWEAR’S
STOCKHOLDERS WILL OWN 80% OF KIDPIK’S OUTSTANDING COMMON STOCK

Source text for Eikon:  ID:n0001493152-24-012463 
Further company coverage:  PIK.O 

 ((Reuters.Briefs@thomsonreuters.com;))