Waldencast submits Nasdaq share, warrant removal notice
The notice names both Waldencast’s Class A ordinary shares and its redeemable warrants, which are exercisable at $11.50 per share.
Rhea-AI Filing Summary
Waldencast plc submitted a Form 25 notification concerning removal from Nasdaq listing and Section 12(b) registration of its Class A ordinary shares and redeemable warrants. Each warrant is exercisable for one Class A ordinary share at $11.50 per share; the ordinary shares have a par value of $0.0001 per share. The company certified that it had reasonable grounds to believe it met the Form 25 filing requirements.
Positive
- None.
Negative
- None.
Key Figures
Shares per warrant: 1 Class A ordinary share
Warrant exercise price: $11.50 per share
Ordinary share par value: $0.0001 per share
3 metrics
Shares per warrant
1 Class A ordinary share
Each redeemable warrant is exercisable for this number of shares
Warrant exercise price
$11.50 per share
Exercise price for each redeemable warrant
Ordinary share par value
$0.0001 per share
Class A ordinary shares
Key Terms
Section 12(b), voluntary withdrawal, exercise price
3 terms
Section 12(b) regulatory
"registration under Section 12(b)"
Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.
voluntary withdrawal regulatory
"governing the voluntary withdrawal of the class"
exercise price financial
"at an exercise price of $11.50 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
AI-generated analysis. How Rhea-AI works. Not financial advice.
