Kidpik Corp. (PIK)
NASDAQ (CM) NASDAQ (CM) Primary 
Hercules Capital: Growing Troubles Within Portfolio Warrants Caution
I maintain a hold rating on HTGC due to its premium valuation and rising concerns over portfolio quality and PIK interest income. HTGC's dividend yield remains attractive and well-covered, but increasing PIK income signals potential stress among borrowers if rates stay elevated. The portfolio is concentrated in volatile sectors and faces heightened risk from competition and macro uncertainty, despite strong first lien loan positioning.
Prospect Capital: PIK Drop A Problem, But Dividend Should Be Safe
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.
Kidpik Announces Suspension of Trading of Common Stock on Nasdaq and its Intention to Appeal
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.
KIDPIK Reports Third Quarter 2024 Financial Results
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%.
