Kidpik (PIK) News & Sentiment

Prospect Capital slashed its dividend by 25% in November 2024, improving dividend pay-out metrics and offering a safer dividend for passive income investors. The BDC's stock trades at a 43% discount to net asset value, reflecting investor skepticism despite improving portfolio quality and dividend coverage. Prospect Capital's non-accrual ratio improved to 0.4% QoQ, and the dividend pay-out ratio dropped to 75%, providing a margin of safety.

NEW YORK, NY / ACCESSWIRE / December 26, 2024 / Kidpik Corp. ("Kidpik" or the "Company"), an online clothing subscription-based e-commerce company, today announced that the Company received a notification letter from The Nasdaq Stock Market Hearings Panel (the "Panel") on December 20, 2024, indicating that trading in the Company's common stock on Nasdaq's Capital Market will be suspended effective at the open of business on December 26, 2024, based upon the Company's non-compliance with Listing Rule 5550(b)(1), the Exchange's minimum shareholders' equity rule (the "Equity Rule"). The Company previously announced that on October 2, 2024, the Company received a delist determination letter from the Staff of Nasdaq, notifying the Company that the Staff had determined that the Company did not provide a definitive plan evidencing its ability to achieve compliance with the continued listing requirements and to deny the Company's request for continued listing on The Nasdaq Capital Market.

ESTERO, Fla. , Dec. 13, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ) ("Hertz" or the "Company"), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation ("Hertz Corp."), received the requisite consents in its previously announced solicitation of consents ("Consents") to amend (the "Proposed Amendments") certain provisions of the indentures governing its existing 12.625% First Lien Senior Secured Notes due 2029 (the "Initial First Lien Notes") and its 8.000% Exchangeable Senior Second-Lien PIK Notes due 2029 (the "Exchangeable Notes" and, together with the Initial First Lien Notes, the "Existing Notes").

ESTERO, Fla. , Dec. 5, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ) ("Hertz" or the "Company"), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation ("Hertz Corp."), will solicit consents ("Consents") from the holders of its existing 12.625% First Lien Senior Secured Notes due 2029 (the "Initial First Lien Notes") and the holders of its 8.000% Exchangeable Senior Second-Lien PIK Notes due 2029 (the "Exchangeable Notes" and, together with the Initial First Lien Notes, the "Existing Notes") as of the record date of December 4, 2024 (the "Record Date") to amend (the "Proposed Amendments") certain provisions of the indentures governing the Existing Notes.

NEW YORK, NY / ACCESSWIRE / November 14, 2024 / Kidpik Corp. ("KIDPIK" or the "Company"), an online clothing subscription-based e-commerce company, today reported its financial results for the third quarter 2024 ended September 28, 2024. Third Quarter 2024 Highlights: Revenue, net: was $1.0 million, a year-over-year decrease of 69.2%.

Kidpik (NASDAQ: PIK ) stock is rising higher on Tuesday after the kids apparel company announced a merger agreement with Nina Footwear. Kidpik and Nina Footwear are combining through an all-stock transaction that will see the latter's investors hold 80% of the combined company's shares.

Kidpik (NASDAQ: PIK ) stock is rocketing higher on Monday alongside heavy trading of the kid's apparel, footwear and accessories e-commerce company's shares. This has more than 5 million shares of the company's stock changing hands as of this writing.

Kidpik Corp. (NASDAQ:PIK ) Q3 2023 Results Conference Call November 14, 2023 4:30 PM ET Company Participants Moshe Dabah - Chief Technology Officer Jill Pasechnick - Chief Accounting Officer Operator Welcome to Kidpik Corp.'s Third Quarter 2023 Earnings Conference Call. Today's call will be conducted by the company's Chief Technology Officer, Moshe Dabah and its Chief Accounting Officer, Jill Pasechnick.

NEW YORK , Aug. 11, 2023 /PRNewswire/ -- Kidpik Corp. (NASDAQ: PIK) ("KIDPIK" or the "Company"), an online clothing subscription-based e-commerce company, announced today that it will report its second quarter 2023 financial results after the market close on Aug 15, 2023. Management will subsequently host a conference call that day at 4:30 PM Eastern Time (1:30 PM Pacific Time).