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-0.0160427807486631 -0.0267379679144385 0.0160427807486631 0.0267379679144385 0.0106951871657754 0.0267379679144385 0.0548128342245989 0.0267379679144385
Stock impact report

Waldencast plc strengthens balance sheet position with the announcement of a trademark sale for Japan and refinancing of its credit facilities [Yahoo! Finance]

Waldencast Acquisition Corp. - Class A Ordinary Share (WALD) 
Company Research Source: Yahoo! Finance
the “Company”), a global multi-brand beauty and wellness platform, today announced that it had sold its rights to the “Obagi” trademark in Japan to Rohto Pharmaceutical Co., Ltd. (“Rohto”) for USD $82.5 million. Since 2002, Rohto has licensed the “Obagi” mark for use in the Japanese market to commercialize Rohto's products. During that time, Rohto has developed a successful standalone and distinctive brand addressed to Japanese consumers with no operational or branding overlap with the global Obagi Medical brand. Royalties paid by Rohto under the previous licensing arrangements represented 3% of net revenue for the Obagi Medical business for the fiscal year ended December 31, 2024. In addition, Waldencast entered into a new credit agreement with funds managed by entities of the Lumina Capital Management Ltda. Group (the “Lumina Credit Agreement”), with proceeds expected to be received by no later than November 17 th , 2025 and used to repay in full all outstanding amounts under th Show less Read more
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