Kidpik Corp Faces Delisting and Strategic Changes

Tip Ranks
2025.01.08 21:50
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Kidpik Corp (PIKM) has announced the termination of its merger agreement with Nina Footwear due to unmet conditions, leading to its delisting from Nasdaq and subsequent trading on the OTC Pink Market. The company will not appeal the delisting and is exploring strategic alternatives to enhance shareholder value, which may include asset sales or mergers. Founded in 2016, Kidpik is an online clothing subscription service for children.