---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-012463"
form_type: "8-K"
ticker: null
cik: "0001861522"
company_name: "KIDPIK CORP."
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T04:58:44.862131+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Kidpik to merge with Nina Footwear; Nina holders get 80% of combined company

## Summary
- Nina Footwear stockholders to receive 80% of Kidpik post-merger shares; existing Kidpik holders get 20%.
- CEO Ezra Dabah, who controls both entities, will hold ~75.8% voting power of combined company.
- Kidpik to extinguish ~$1.8M debt owed to Nina Footwear as merger consideration.
- Waiver of change-of-control payments valued at ~$2.55M negotiated; termination fee of $100k.
- Kidpik will issue ~7.8M unregistered shares; name change to 'Nina Holding Corp.' and ticker to 'NINA' expected.

## SEC filing metadata
- accession: 0001493152-24-012463
- form_type: 8-K
- cik: 0001861522
- company_name: KIDPIK CORP.
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1861522/000149315224012463/0001493152-24-012463-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1861522/000149315224012463/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-012463
- JSON: https://secwatch.observer/filing/0001493152-24-012463.json
- Plain text: https://secwatch.observer/filing/0001493152-24-012463.txt

## Key facts
- Material Agreements
  KIDPIK CORP. entered into Agreement and Plan of Merger and Reorganization with Nina Footwear Corp. and Kidpik Merger Sub, Inc. (effective 2024-03-29).
  - Action: entry
  - Agreement: merger
  - Counterparty: Nina Footwear Corp. and Kidpik Merger Sub, Inc.
  - Effective: 2024-03-29
  source text: On March 29, 2024, Kidpik Corp., a Delaware corporation (“ Kidpik ”), entered into an Agreement and Plan of Merger and Reorganization (the “ Merger Agreement ”) with Nina Footwear Corp., a Delaware corporation (“ Nina Footwear ”), a brand specializing in women’s footwear, particularly in dress shoes and accessories for special occasions, and Kidpik Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of Kidpik (“ Merger Sub ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1861522/000149315224012463/0001493152-24-012463-index.htm

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