Waldencast Registration Statement Related to Business Combination with Obagi Skincare and Milk Makeup Declared Effective by SEC

Extraordinary general meeting for Waldencast shareholders to be held on July 25, 2022 at 9:00 AM ET Subject to shareholder approval, business combination with Obagi Skincare and Milk Makeup expected to close as soon as possible after the extraordinary general meeting, after which the combined company will be listed on Nasdaq under the symbol "WALD" The Waldencast Board of Directors recommends that shareholders vote "FOR" all the proposals at the extraordinary general meeting NEW YORK, July 08, 2022 (GLOBE NEWSWIRE) -- Waldencast Acquisition Corp. (NASDAQ:WALD ) ("Waldencast"), a special purpose acquisition company, has announced that the Securities and Exchange Commission (the "SEC") declared effective the Registration Statement on Form F-4 in connection with the previously announced proposed business combination (the "Business Combination") with leading physician-dispensed, results-driven skin care brand Obagi Global Holdings Limited ("Obagi Skincare") and award-winning makeup and skin care brand Milk Makeup LLC ("Milk Makeup"). Waldencast has engaged Morrow Sodali LLC ("Morrow") as its proxy solicitor in connection with the extraordinary general meeting. Shareholders who need additional copies of proxy materials, would like to obtain proxy cards or have questions regarding the proposals to be presented at the extraordinary general meeting may contact Waldencast's Secretary by written request at Waldencast Acquisition Corp., 10 Bank Street, Suite 560, White Plains, NY 10606, or by telephone request at (917) 546-6828; may contact Morrow by calling (800) 662-5200 (individuals) or (203) 658-9400 (banks and brokers); or may obtain information and materials from the SEC through the SEC's website. To obtain timely delivery of documents, shareholders must request them no later than July 18, 2022, five business days before the extraordinary general meeting. The extraordinary general meeting to approve the business combination will be held on July 25, 2022 at 9:00 AM ET and can be accessed virtually by visiting https://www.cstproxy.com/waldencast/2022 . Waldencast recommends that you log in at least 15 minutes before the extraordinary general meeting to ensure you are logged in when the extraordinary general meeting starts. All shareholders of Waldencast are strongly encouraged to read the definitive proxy statement/prospectus carefully and in its entirety before voting, and to vote as soon as possible in advance of the extraordinary general meeting. The Business Combination among Waldencast, Obagi Skincare and Milk Makeup is expected to be consummated after receipt of the approvals by shareholders of Waldencast and the satisfaction, or waiver, of other customary closing conditions. Upon the closing of the transactions with Obagi Skincare and Milk Makeup, both companies will become part of the Waldencast portfolio, and the combined company will be listed on Nasdaq under the symbol "WALD". About Obagi Skincare Obagi Skincare is an industry-leading, advanced skin care line rooted in research and skin biology, refined with a legacy of 30 years' experience. First known as leaders in the treatment of hyperpigmentation with the Obagi Nu-Derm® System, Obagi Skincare products are designed to diminish the appearance of premature aging, photodamage, skin discoloration, acne, and sun damage. More information about Obagi Skincare is available on the brand's website, Facebook, Twitter and Instagram pages. About Milk Makeup Founded in 2016, Milk Makeup quickly became a cult-favorite among the beauty community for its values of self-expression and inclusion, captured by its signature Live Your Look, its innovative formulas and clean ingredients. The brand creates vegan, cruelty-free, clean formulas from its Milk Makeup HQ in ... Full story available on Benzinga.com