Trending...
- T&S Communications at the 25th China International Optoelectronic Exposition (CIOE)
- Dr Joy Dental Clinic Recognized as a Superbrand for 2024
- Horion M6APro Series IFPs Achieves Google EDLA Certification
MILWAUKEE, April 2, 2024 /PRNewswire/ -- Ademi LLP is investigating Kidpik (Nasdaq: PIK) for possible breaches of fiduciary duty and other violations of law in its transaction with Nina Footwear.
Click here to learn how to join the https://www.ademilaw.com/case/kidpik-corp or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
In the transaction, Kidpik will acquire Nina Footwear through a reverse subsidiary 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 approximately 76.8% of the combined company's voting shares following the closing of the merger.
More on Wisconsin Eagle
We are investigating the conduct of Kidpik's board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
If you own Kidpik common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/kidpik-corp.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
SOURCE Ademi LLP
Click here to learn how to join the https://www.ademilaw.com/case/kidpik-corp or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
In the transaction, Kidpik will acquire Nina Footwear through a reverse subsidiary 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 approximately 76.8% of the combined company's voting shares following the closing of the merger.
More on Wisconsin Eagle
- BTR: Understanding the Critical 2FA Vulnerability in QR Code Enrollment Processes Uncovered by Silent Sector – Lauro Chavez
- "I Spy" Challenge for Manufacturing Month
- The Queens of Milwaukee Tours Launches Inaugural Tour
- IGC Pharma Wins 2 Awards in Phase 1 of NIA's AI PREPARE Challenge, Advancing Alzheimer's Early Prediction Research
- Get in the Halloween Spirit at Rare Books LA Union Station
We are investigating the conduct of Kidpik's board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
If you own Kidpik common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/kidpik-corp.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
SOURCE Ademi LLP
Filed Under: Business
0 Comments
Latest on Wisconsin Eagle
- And The Winner Is: Special Request Ft Rey T (AKA) Reynard Thomas
- Allegiant Management Group Launches New Website Following Recent Rebranding
- Celebrating 30 Years: 2024 Diversity Visa Lottery Opens Oct. 2, Offering Life-Changing Opportunities for U.S. Immigration
- Quidax Launches $125,000 Crypto Innovation Pitch, Partners with Moonshot for TC Battlefield
- Wagoner Roofing Launches New Website
- L-Strategies LLC terminates Angie Wong Miami Republican Committeewoman's contract with New Federal State of China NFSC
- Sara Abbas Excites Global Listeners With Much-Anticipated Viral Release Of New Single "Love You From A Distance"
- Horion M6APro Series IFPs Achieves Google EDLA Certification
- How to Get a Handicap Placard in California: Simplifying the Process for Disabled Drivers HandicapMD.com Offers Easy Online Certification for Disabled
- Use Bitcoin to Earn Bitcoin - Innovative Layer 2 Solution for Bitcoin
- Dr Joy Dental Clinic Recognized as a Superbrand for 2024
- T&S Communications at the 25th China International Optoelectronic Exposition (CIOE)
- Cummings Graduate Institute for Behavioral Health Studies Celebrates New Doctor of Behavioral Health Graduates
- Local Provider Roadrunner Health Services Outperforms Corporate Competitors in New Mexico's Correctional Facilities
- Non Profit Organization "The Breast Cancer Fundraiser" Prepares for Breast Cancer Awareness Month
- Leading Arizona Real Estate Team Rebrands to SPACE, Marking a New Era in Real Estate Innovation
- Office Calgary Inc has Partnered with RingCentral to provide Telecommunications Systems
- Aquia Inc. Wins 5-Year $15-Million USPTO Continuous Authorization to Operate (cATO) Contract
- Trade Meter AI Featured on StartUpers Podcast's Pilot Episode: A Deep Dive into the Future of AI-Powered Stock Analysis
- E.G. Phillips Cinematic Single a Fiery Rebuke to Election Season Chaos Agents