Children's Place (PLCE) Issues Shareholder Update

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Go back to Children's Place (PLCE) Issues Shareholder Update

The Children’s Place Provides Shareholder Update

February 15, 2024 6:30 AM EST

SECAUCUS, N.J., Feb. 15, 2024 (GLOBE NEWSWIRE) -- The Childrens Place, Inc. (Nasdaq: PLCE), an omni-channel childrens specialty portfolio of brands with an industry-leading digital-first model, today announced that it has received correspondence from Snowball Compounding Ltd. and parties related to Mithaq Capital (Mithaq) notifying the Company that they own approximately 54% of the Companys outstanding shares of common stock and intend to nominate 11 persons to stand for election to The Childrens Places Board of Directors at the Companys 2024 Annual Meeting of Shareholders. The Company intends to accept... More