Bright Lights Acquisition Corp.

Bright Lights Acquisition Corp.

BLTSW
Bright Lights Acquisition Corp.US flagNASDAQ Capital Market
0.01
USD
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Capital Structure

FRC

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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
CEO
Michael Mahan
Sector
Financial Services
Industry
Shell Companies
Address
12100 Wilshire Blvd Los Angeles CA United States of America
IPO Date
Mar 1, 2021
Business
Bright Lights Acquisition Corp. (BLTSW) is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses; it focuses on opportunities in the consumer products, media, entertainment, and sports sectors, particularly companies with enterprise values between $500 million and $1.5 billion that can benefit from celebrity ownership or partnerships. Founded in 2020 and headquartered at 12100 Wilshire Blvd., Suite 1150, in Los Angeles, California, the company raised $200 million in its initial public offering in January 2021 through the sale of 20 million units at $10 each, led by underwriters Jefferies and Moelis & Company. In November 2021, it entered into a business combination agreement with Manscaped, LLC, a men's grooming brand, which was mutually terminated in August 2022 due to unfavorable market conditions; unable to complete an initial business combination, shareholders approved an amendment in December 2022 extending the termination date to December 12, 2022, followed by full redemption of public shares at approximately $10 each and liquidation of the company, with warrants expiring worthless.