PIK Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Kidpik Corp. Is Fair to Shareholders
By:
Halper Sadeh LLC via
Business Wire
April 01, 2024 at 19:41 PM EDT
Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Kidpik Corp. (NASDAQ: PIK) and Nina Footwear Corp. is fair to Kidpik shareholders. Upon closing of the proposed transaction, Nina’s stockholders will own 80% of Kidpik’s outstanding common stock. Halper Sadeh encourages Kidpik shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Kidpik and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Kidpik shareholders; and (2) disclose all material information necessary for Kidpik shareholders to adequately assess and value the merger consideration. On behalf of Kidpik shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses. Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome. View source version on businesswire.com: https://www.businesswire.com/news/home/20240401770022/en/ Contacts
Halper Sadeh LLC
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