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-0.0142491467576792 -0.0195733788395904 0 0.00858361774744027 -0.00851535836177475 -0.104146757679181 -0.145034129692833 -0.0989761092150171
Stock impact report

Kidpik and Nina Footwear Merge Into Single Company, Nina Holdings [Yahoo! Finance]

Kidpik Corp. (PIK) 
Company Research Source: Yahoo! Finance
Under the merger, which both companies' boards have approved, the new entity will operate under Nina Holdings Corp under the symbol “NINA.” Stockholders of Nina Footwear will own 80 percent of Kidpik's outstanding common stock when the merger closes. More from Footwear News Crocs and L.O.L. Surprise Create Two Colorful Clogs Inspired by Diva and BFF Dolls L Catterton, Tod's Ink Deal to Delist Italian Group, Potentially Merge Ezra Dabah , the current chief executive officer, chairman and majority stockholder of Kidpik is also the chief executive officer of Nina Footwear, which is 100 percent owned by Dabah and his extended family. Following the merger, Dabah's kids and wife will continue to own 76.8 percent of Nina's voting shares. Kidpik's officers and directors will remain the same following the transaction. In a statement, Dabah said the deal is meant to increase the stockholder value, revenue, cashflow and prospects of Kidpik while making Nina a public company, something Show less Read more
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