Kidpik Corp. Announces 1-For 5 Reverse Stock Split as Part of Nasdaq Compliance Plan [Yahoo! Finance]
Kidpik Corp. (PIK)
Company Research
Source: Yahoo! Finance
company, today announced that it will conduct a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-5 (the " Reverse Stock Split "). The Reverse Stock Split is expected to become effective on March 7, 2024 at 12:01 a.m. Eastern Time (the "Effective Time "), with shares expected to begin trading on the Nasdaq Capital Market, on a split-adjusted basis, at market open on March 7, 2024. In connection with the Reverse Stock Split, every five shares of the Company's common stock issued and outstanding as of the Effective Time will be automatically converted into one share of the Company's common stock. No change will be made to the trading symbol for the Company's shares of common stock, "PIK", in connection with the reverse split. The Reverse Stock Split is part of the Company's plan to regain compliance with the minimum bid price requirement of $1.00 per share required to maintain continued listing on The Nasdaq Capital Market, among other benefits. The R
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PIK
News
- KIDPIK Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- KIDPIK Reports Fourth Quarter and Full Year 2023 Financial ResultsBusiness Wire
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PIK, CHX, KTRAAccesswire
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PIK, CHXGlobeNewswire
- KIDPIK INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Kidpik Corp. - PIKBusiness Wire
PIK
Sec Filings
- 4/29/24 - Form 10-K/A
- 4/19/24 - Form 8-K
- 4/10/24 - Form 10-K
- PIK's page on the SEC website