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Waldencast Acquisition Corp (WALD)

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Waldencast (NASDAQ: WALD) Announces Nasdaq Delisting by October 2, 2026, Citing $18.5M Headquarters Expenses
Sep 16, 2026

Waldencast (NASDAQ: WALD) Announces Nasdaq Delisting by October 2, 2026, Citing $18.5M Headquarters Expenses

Waldencast (NASDAQ: WALD) announced its intention to delist Class A ordinary shares and warrants from Nasdaq by October 2, 2026, citing $18.5 million in headquarters expenses incurred in 2025 as a reason to reduce costs. Following delisting, the company plans to cease SEC reporting and transition to an over-the-counter listing under the ticker MLKM, although shareholder approval is still needed to rename the company to Milk Makeup plc. This move is expected to reduce liquidity and public disclosures for current investors.
Company relevance
100.00%
Company sentiment
Bearish
Overall sentiment
Bearish