Waldencast plc· WALD
🇺🇸 US · MicroBroad USNASDAQ
- Price
- $1.54
- Day
- -9.41%
- Mkt Cap
- $182.09M
- 52W Range
- $0.72 – $3.22
- Volume
- 545.6K
- Beta
- -0.04
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LONDON, July 30, 2026 (GLOBE NEWSWIRE) -- Waldencast plc (NASDAQ: WALD) (“Waldencast” or “the Company”) today announced that it completed the previously announced sale of its Obagi Medical dermatological skincare and aesthetics business (“Obagi Medical”) to Bridgepoint, one of the world's leading mid-market investors, in a transaction valued at up to $460 million (subject to negotiated deductions and customary adjustments based on closing cash, closing indebtedness, net working capital and transaction expenses), marking a significant step in Waldencast's strategy to strengthen its balance sheet and focus on accelerating the global growth of Milk Makeup.
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