Bright Lights Acquisition Corp.

Bright Lights Acquisition Corp.

BLTS
Bright Lights Acquisition Corp.US flagNASDAQ Capital Market
10.01
USD
-0.04
- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
Sector
Financial Services
Industry
Shell Companies
Address
12100 Wilshire Boulevard Los Angeles CA United States of America 90025
IPO Date
Mar 1, 2021
Business
Bright Lights Acquisition Corp is a special purpose acquisition company (SPAC) focused on executing mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations. The company targets enterprises operating primarily in the consumer products, media, entertainment, and sports sectors with enterprise values between $500 million and $1.5 billion. Founded in 2020 and headquartered in Los Angeles, California, Bright Lights Acquisition Corp aims to leverage celebrity involvement and partnerships to enhance its portfolio companies. Its main business activity entails identifying and combining with businesses in its target sectors to facilitate their public market entry or growth. The company itself does not manufacture or sell consumer products but acts as a vehicle for such business combinations, focusing on leveraging media, entertainment, and sports sector dynamics. Leadership includes CEO Michael Mahan, former CEO of Dick Clark Productions, and co-chairmen Allen Shapiro and John Howard, who have backgrounds in talent management and celebrity consumer brands. A significant recent development was the mutual termination in 2022 of its planned business combination with MANSCAPED™, a leading global men's grooming and self-care brand, due to unfavorable market conditions. Prior to that, Bright Lights Acquisition Corp had successfully raised $200 million in its initial public offering aimed at the consumer products and media, entertainment, and sports sectors. The company continues to seek new acquisition opportunities aligned with its strategic focus and to pursue partnerships that leverage celebrity and brand influence within its target industries. Bright Lights Acquisition Corp operates exclusively in the United States with a focus on expanding within its targeted sectors through strategic mergers and acquisitions. The company remains publicly listed on the Nasdaq exchange under the ticker symbol BLTS.

Company News

APIChat
  • Bright Lights Acquisition Corp. and MANSCAPED™ Mutually Agree to Terminate Business Combination Agreement Due to Unfavorable Market Conditions

  • MANSCAPED™ Signs Pete Davidson As Brand Partner And Shareholder

  • MANSCAPED™ Launches Newest Routine, The Platinum Package 4.0

  • MANSCAPED™ Brings “Big Groomed Energy” to NYC with Complete Takeover of Penn and PATH Stations

  • MANSCAPED™ Launches The Lawn Mower® 4.0 TCS Special Edition Trimmer in Support of Testicular Cancer Awareness

  • MANSCAPED™ Reports Fourth Quarter and Full-Year 2021 Financial Results

  • MANSCAPED™ Raises Awareness for Testicular Cancer by Grasping Iconic New York Tradition

  • MANSCAPED™ Announces Participation in the 34th Annual Roth Conference

  • MANSCAPED™ Appoints Lanny Chiu as Vice President of Analytics and Business Intelligence

  • MANSCAPED™ Launches Ultra Premium™ Collection

  • MANSCAPED™ and UFC® Announce Multi-Year Extension of Their Iconic Partnership

  • MANSCAPED™ Announces Participation in the ICR Conference 2022

  • BLTS Stock Gains on Manscaped SPAC Merger News. 11 Things to Know.

  • Channing Tatum-backed Manscaped to go public via SPAC merger at $1 billion valuation

  • Men's Grooming Brand Manscaped Lands SPAC Deal: What Investors Should Know

  • MANSCAPED™, a Leading Men’s Lifestyle and Consumer Brand, to Become a Publicly Traded Company via Business Combination With Bright Lights Acquisition Corp.