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-0.0148148148148148 -0.08 -0.0148148148148148 -0.0888888888888888 0.0755555555555557 0.088888888888889 0.130088888888889 0.0844444444444445
Stock impact report

Kidpik and Nina Footwear Announce Entry Into Definitive Merger Agreement [Yahoo! Finance]

Kidpik Corp. (PIK) 
Company Research Source: Yahoo! Finance
Nina Footwear Corp., a private company operating a brand specializing in women's and kids' dress shoes and accessories for special occasions (" Nina Footwear "), today announced that they have entered into a definitive merger agreement. The Board of Directors of both companies have approved the all-stock transaction. The combined company will operate as Nina Holdings Corp. In connection with the merger, Nina Footwear stockholders will be issued shares of common stock of Kidpik such that upon closing thereof, Nina Footwear's stockholders will own 80% of Kidpik's outstanding common stock. Kidpik is controlled by Mr. Ezra Dabah, the Chief Executive Officer, Chairman, and majority stockholder (67% beneficial owner) of Kidpik, who is also the Chief Executive Officer of Nina Footwear. Mr. Dabah and his children own approximately 79.3% of Nina Footwear, and Mr. Dabah and his extended family own 100% of Nina Footwear. Mr. Dabah, his children and wife are expected to continue to control ap Show less Read more
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