© Reuters.
WHITE PLAINS, N.Y. – Waldencast plc (NASDAQ: WALD), a global beauty and wellness company, announced Monday it has regained compliance with Nasdaq’s filing requirements. The Nasdaq Hearings Panel issued a formal notice to Waldencast on March 21, 2024, following the company’s submission of financial results for the period ending June 30, 2023, to the U.S. Securities and Exchange Commission.
The compliance reinstatement comes with a Mandatory Panel Monitor for one year from the compliance determination date. During this period, if Waldencast fails to meet the filing requirements, it will not be able to present a compliance plan but may face a delisting determination and the opportunity for a hearing before the Panel.
Waldencast, which operates the Obagi Skincare and Milk Makeup brands, expressed pride in achieving this milestone and anticipates providing additional updates on its fiscal year 2023 performance upon…
