---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-24-000454"
form_type: "8-K"
ticker: "PLCE"
cik: "0001041859"
company_name: "Childrens Place, Inc."
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T00:40:18.053305+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Mithaq Capital acquires 54% stake in Children's Place, triggering event of default

## Summary
- Mithaq Capital now owns ~54% of outstanding shares, triggering a change of control.
- Change of control caused an Event of Default under the company's Credit Agreement.
- Company intends to discuss financing with Mithaq to address liquidity needs.
- Company is seeking a waiver of the Event of Default from its lenders.
- Mithaq plans to nominate 11 director candidates for the 2024 Annual Meeting.

## SEC filing metadata
- accession: 0000950142-24-000454
- form_type: 8-K
- ticker: PLCE
- cik: 0001041859
- company_name: Childrens Place, Inc.
- filed_at: 2024-02-15T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041859/000095014224000454/0000950142-24-000454-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041859/000095014224000454/eh240449005_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-24-000454
- JSON: https://secwatch.observer/filing/0000950142-24-000454.json
- Plain text: https://secwatch.observer/filing/0000950142-24-000454.txt

## Key facts
- M&A Transactions
  Childrens Place, Inc. underwent a change of control involving Mithaq Capital.
  - Action: change of control
  - Counterparty: Mithaq Capital
  source text: As a result of Mithaq’s unsolicited acquisition of shares, Mithaq has triggered a Change of Control thereby causing an Event of Default under the Company’s Amended and Restated Credit Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041859/000095014224000454/0000950142-24-000454-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.