Very long Beach, Calif.–(Organization WIRE)–The Attractiveness Wellness Business (“BeautyHealth” or the “Organization” NASDAQ:Pores and skin), a international group-creator in elegance overall health major the charge with its flagship manufacturer HydraFacial, nowadays declared that as of October 18, 2021, about 6.86 million of the complete close to 15.33 million warrants (“Public Warrants”) to invest in shares of the Company’s Course A widespread stock, par price $.0001 for every share (the “Common Stock”), that were issued below the Warrant Settlement, dated September 29, 2020, by and involving the Company and Continental Inventory Transfer & Trust Organization (the “Warrant Agent”), as warrant agent (the “Warrant Agreement”), as section of the units sold in the Company’s first public featuring (the “IPO”), had been exercised.
As beforehand announced on October 4, 2021, the Company provided notice to the holders of Community Warrants that these types of Community Warrants will be redeemed on November 3, 2021 in accordance with their conditions. Holders of the General public Warrants have right until 5:00 p.m. New York Metropolis time on November 3, 2021 to exercising their Public Warrants. Warrants to obtain Prevalent Stock that ended up issued underneath the Warrant Arrangement in a personal placement simultaneously with the IPO and that are still held by the initial holders thereof or their permitted transferees (the “Private Warrants”) are not matter to the redemption.
As a courtesy, the Firm would like to remind any remaining holders of General public Warrants that if any of the remaining somewhere around 8.47 million Community Warrants are not exercised prior to 5:00 p.m. New York Town time on November 3, 2021, these kinds of unexercised Public Warrants will be void and no extended exercisable, and the holders of individuals General public Warrants will be entitled to obtain only the redemption price of $.10 per Public Warrant.
Questions concerning redemption and physical exercise of the Public Warrants can be directed to either (a) Continental Stock Transfer & Rely on Corporation, at 1 Condition Avenue, 30th Floor, New York, New York 10004, Focus: Compliance Section, phone range: (212) 509-4000 e-mail: [email protected] or (b) our details agent, Morrow Sodali LLC, at 470 West Avenue, Stamford, CT 06902, phone number: (800) 662-5200 email: [email protected].
None of the Corporation, its board of directors or workers has produced or is building any illustration or advice to any holder of the Public Warrants as to no matter whether to exercising or chorus from working out any Community Warrants.
The shares of Prevalent Stock fundamental the General public Warrants have been registered by the Corporation less than the Securities Act of 1933, as amended, and are lined by a registration statement submitted on Kind S-1 with, and declared effective by, the Securities and Trade Fee (Registration No. 333-257995). The SEC maintains an World-wide-web internet site that is made up of a copy of the relevant prospectus. The deal with of that web-site is www.sec.gov.
For a duplicate of the discover of redemption sent to the holders of the Public Warrants and a prospectus relating to the shares of Prevalent Stock issuable upon physical exercise of the General public Warrants, make sure you take a look at our trader relations web page at https://investors.beautyhealth.com/.
No Present or Solicitation
This push release shall not constitute an give to provide or the solicitation of an offer you to get nor shall there be any supply of any of the Company’s securities in any jurisdiction in which these kinds of offer you, solicitation or sale would be unlawful prior to the registration or qualification less than the securities laws of any these jurisdiction.
About The Natural beauty Wellness Firm
BeautyHealth is a category-producing magnificence health enterprise targeted on bringing progressive solutions to industry. Our flagship model, HydraFacial, is a non-invasive and approachable beauty overall health system and ecosystem with a powerful local community of estheticians, people and associates, bridging clinical and buyer retail to democratize and personalize pores and skin care remedies for the masses. Major the charge in splendor overall health as a classification-creator, HydraFacial uses a distinctive delivery process to cleanse, extract, and hydrate with their patented hydradermabrasion technologies and super serums that are created with nourishing elements, offering an instant end result and developing an promptly gratifying glow in just 3 steps and 30 minutes. HydraFacial® and Perk™ products and solutions are accessible in in excess of 87 nations around the world with over 18,000 Supply Units globally and millions of treatment plans performed every single year.
Forward-Looking Statements
Specified statements made in this release are “forward seeking statements” within the this means of the “safe harbor” provisions of the United States Non-public Securities Litigation Reform Act of 1995. When employed in this press release, the phrases “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and versions of these text or similar expressions (or the adverse variations of these types of phrases or expressions) are intended to identify ahead-looking statements. The absence of these text does not signify that a assertion is not forward-hunting. Ahead-seeking statements are predictions, projections and other statements about long run events that are primarily based on present-day anticipations and assumptions and, as a end result, are topic to challenges and uncertainties. Numerous elements could result in real potential situations to differ materially from the forward-seeking statements in this release, like but not limited to the hazards and uncertainties established forth in the Company’s filings with the U.S. Securities and Exchange Fee. These filings detect and deal with other essential hazards and uncertainties that could induce actual gatherings and success to differ materially from these contained in the ahead-looking statements. Forward-looking statements discuss only as of the date they are made. Visitors are cautioned not to place undue reliance on forward-seeking statements, and the Firm assumes no obligation and does not intend to update or revise these forward-hunting statements, regardless of whether as a end result of new information and facts, long term events, or normally.