Kidpik Corp. Announces Closing of Upsized $18.0 Million Initial Public Offering

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Nov 16, 2021

Kidpik Corp. (“KIDPIK” or the “Company”), an online clothing subscription-based e-commerce company, today announced the closing of its initial public offering of 2,117,647 shares of common stock at a public offering price of $8.50 per share, resulting in aggregate gross proceeds of approximately $18.0 million prior to deducting underwriting discounts, commissions, and offering expenses. The shares of KIDPIK’s common stock began trading on NASDAQ under the symbol “PIK” on November 11, 2021. In addition, KIDPIK has granted the underwriters a 45-day option to purchase up to an additional 317,647 shares of common stock solely to cover over-allotments at the public price less underwriting discounts and commissions.