KIDPIK CORP.: Nasdaq/NYSE listing notice — Kidpik receives Nasdaq delisting notice; trading suspended Dec 26, shares to OTC Pink

KIDPIK CORP.

Nasdaq Panel determined to delist Kidpik for non-compliance with minimum shareholders' equity rule.
Trading suspended effective Dec 26, 2024; shares to trade on OTC Pink under symbol PIK.
Company intends to appeal to Nasdaq Listing and Hearing Review Council; appeal does not stay delisting.
On Dec 23, 2024, $300,000 of convertible debenture converted into 166,554 shares at $1.8012 per share.

item 3.01 item 3.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

KIDPIK CORP. received a nasdaq delisting notice notice regarding stockholders equity (rules 5550(b)(1)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: stockholders equity
Rules: 5550(b)(1)

Exact text from the filing

December 20, 2024, Kidpik Corp. (the “ Company ”, “ we ” and “ us ”) received notice from The Nasdaq Stock Market LLC (“ Nasdaq ”) indicating that the Nasdaq Hearings Panel (the “ Panel ”) has determined to delist the Company’s securities from Nasdaq based upon the Company’s non-compliance with Listing Rule 5550(b)(1), the Exchange’s minimum shareholders’ equity rule (the “ Equity Rule ”). As a result of the Panel’s decision, Nasdaq will suspend trading in the Company’s securities effective at the open of business on Thursday, December 26, 2024. The Company anticipates that, concurrent with th

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Source: SEC EDGAR

accession 0001493152-24-052019

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