Kidpik Corporation and Nina Footwear Finalize Merger, Transforming Into Nina Holding Corp
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Kidpik Corporation has successfully merged with Nina Footwear Corp., transforming into Nina Holding Corp. Nina Footwear will operate as a wholly-owned subsidiary of Kidpik, with its shareholders receiving approximately 77.2 million shares of Kidpik's common stock, equating to 97.2% of the outstanding shares post-merger. This merger aims to boost Kidpik's revenue, cash flow, and shareholder value while expanding Nina Footwear's brand internationally.
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