Waldencast Acquisition (WALDU)

They are a newly formed blank check company. While they may pursue an initial business combination target in any industry or geographic location, they currently intend to focus their search on identifying businesses in the beauty, personal care, and wellness sectors that can benefit from the collective expertise and capabilities of their management team and directors in order to create long-term shareholder value. Their team includes highly experienced industry operators with significant leadership experience in building, marketing, operating, and investing in beauty, personal care, wellness, and consumer businesses globally. They believe their management team has a unique and complementary skillset to implement their business strategy and pursue value creation opportunities. Their management team’s skillset includes decades of experience in large publicly-traded global consumer companies and an extensive international network of founders and owners of other beauty, personal care, wellness, and consumer businesses. Further, they believe their management team has demonstrated a successful track record of scaling and acquiring high growth brands in their previous roles. Their management team is led by Michel Brousset, their Chief Executive Officer, and Felipe Dutra, their Executive Chairman.

Industry
Blank Checks

CEO	CFO
Michel Brousset

Michel Brousset has been a director and our Chief Executive Officer since January 2021. Mr. Brousset is currently the Chief Executive Officer 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. Mr. Brousset has led investments in all Waldencast Ventures portfolio companies including Kjaer Weis, Costa Brazil, Manuel.co, Sallve, c16 Biosciences, and a pre-launch skincare brand. Prior to founding Waldencast Ventures, Mr. Brousset was the Group President of L’Oréal’s Consumer Products Division in North America from July 2016 to April 2019. Previously, Mr. Brousset was the CEO and Managing Director of L’Oréal UK&I between July 2013 and July 2016. Mr. Brousset began his career at L’Oréal as CEO and Country Managing Director of L’Oréal Peru in April 2012. In addition to his extensive operating and leadership experience at L’Oréal, Mr. Brousset has also spent nearly 14 years at Procter & Gamble between June 1998 and April 2012 in various marketing and brand management roles across North America and Western Europe. Mr. Brousset currently serves as Chairman of Kjaer Weis and Board Director for several Waldencast Ventures portfolio companies. Mr. Brousset hold a B.S. in Economics from the Universidad del Pacífico and an M.B.A. from the University of North Carolina Kenan-Flagler Business School. Mr. Brousset was selected to serve on our board of directors based on his significant experience leading, operating, and investing in brands in the beauty, personal care, and wellness sectors.

Employees	Founded
4	2020

Address: 10 Bank Street, Suite 560, White Plains, Ny 10606

Telephone: (917) 546-6828

Web page: http://waldencast.com

First Trade Date	3/16/2021
Status	Priced
Exchange	NASDAQ
Lockup Period Expiration	.Pro
Quiet Period Expiration	.Pro
Old Price Range	-

Share prices ($)

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Underwriters
Credit Suisse/JP Morgan
CO-Managers
-