Waldencast plc
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $167.9M
- Price
- $1.31
- % Change (Daily % change from the live per-ticker quote feed.)
- -3.05%
- Volume
- 140.7K
About
Waldencast Plc develops and operates a beauty and wellness platform by developing, acquiring, accelerating, and scaling the next generation of conscious, purpose-driven brands. It intends to seek brands with a direct connection to consumers whose goals include pursuing social responsibility, inclusiveness, sustainability, and transparency. The company was founded by Michel Brousset and Hind Sebti on December 8, 2020 and is headquartered in White Plains, NY.
Quick stats
Shares outstanding128.3M
Computed float32.3M
Float / shares25.2%
Key info
SectorConsumer Defensive
IndustryHousehold & Personal Products
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001840199
Websitehttp://www.waldencast.com
AI Summary
AI-generated1/10
majorbullishm and a
Waldencast Announces Completion of the Sale of Obagi Medical to Bridgepoint
Waldencast completed the sale of its Obagi Medical business to Bridgepoint for up to $460 million, using proceeds to fully repay its outstanding senior term loan facility.
The transaction marks a strategic pivot to focus exclusively on accelerating the global growth of its remaining brand, Milk Makeup.
Founders Michel Brousset and Hind Sebti, along with CFO Manuel Manfredi, have transitioned to lead Obagi Medical, while Executive Chairman Felipe Dutra assumes the role of principal executive officer.
Red flags
- Founders and CFO transitioned out of the company to lead the sold subsidiary
- Transaction value is subject to negotiated deductions and adjustments