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Kidpik Corp Goes Public

Kidpik Corp. Announces Pricing of Upsized $18.0 Million Initial Public Offering and Nasdaq Listing

Kidpik Corp., an online clothing subscription-based e-commerce company, today announced the pricing of its initial public offering of 2,117,647 shares of common stock at a public offering price of $8.50 per share, for aggregate gross proceeds of approximately $18.0 million, prior to deducting underwriting discounts, commissions, and offering expenses and excluding any exercise of the underwriters’ option to purchase any additional securities as described herein. 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 offering price less the underwriting discounts and commissions. KIDPIK has received approval to list its common stock on the Nasdaq Capital Market, under the ticker symbol “PIK”, with trading expected to begin on November 11, 2021. The offering is expected to close on November 15, 2021, subject to satisfaction of customary closing conditions.

About Kidpik Corp.

Founded in 2016, KIDPIK (NASDAQ:PIK) is an online clothing subscription box for kids, offering mix-&-match, expertly styled outfits that are curated based on each member’s style preferences. KIDPIK delivers a surprise box monthly or seasonally, providing an effortless shopping experience for parents and a fun discovery for kids. Each seasonal collection is designed in-house by a team with decades of experience designing childrenswear. KIDPIK combines the expertise of fashion stylists with proprietary data science and technology to translate kids’ unique style preferences into surprise boxes of curated outfits. We also sell our branded clothing and footwear through our e-commerce website, www.shop.kidpik.com. For more information, visit www.kidpik.com.

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