Spin Master To Acquire Hapiko
(RTTNews) - Spin Master Corp. (TOY.TO), a global children's entertainment company, on Monday announced that it has agreed to acquire Hapiko Inc., a Brooklyn-based creative play technology firm. Financial terms of the deal were not disclosed.
Hapiko is best known for Stickerbox, a child-safe AI platform that transforms spoken ideas into stickers for coloring, collecting and play. The product has sold out 13 times since launching in late 2025.
"We want to empower kids to bring their biggest ideas into the real world," Spin Master CEO Christina Miller said.
On the Toronto stock exchange, shares of Spin Master closed Friday's trading 1.41 percent lower at C$21.00.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.