Bright Lights Acquisition has filed to offer 20 million shares at $10 each with a $200 million target raise.
The new SPAC said it is emphasizing businesses “that can benefit from celebrity ownership and/or partnership.” Sectors include consumer products and media, entertainment, and sports, concentrating on businesses with enterprise values between $500 million and $1.5 billion.
Management is led by CEO Michael Mahan, who is vice president of Dick Clark Productions, which produces The Golden Globes and other annual programming.
Bright Lights intends to list on the Nasdaq under BLTSU. Read more.
