Waldencast Acquisition registered with the SEC to offer 25 million units at $10 each to raise $250 milion for the acquisition of a business in the beauty, personal care and wellness sectors.
The new SPAC is led by Director and CEO Michel Brousset, who is CEO of Waldencast Ventures, a holding company and investment vehicle that he founded in March 2019 to focus on Seed and Series A stage companies in the beauty, personal care and wellness sectors.
The SPAC intends to apply for a Nasdaq listing under WALDU. Read more.
