Waldencast plc, formerly Waldencast Acquisition Corp, is a multi-brand beauty and wellness platform. The Company is focused on developing, acquiring, accelerating, and scaling conscious and purpose-driven brands. Its portfolio includes Obagi Skincare and Milk Makeup brands. Obagi Skincare brand includes skin care line rooted in research and skin biology. Obagi Skincare is primarily engaged in the treatment of hyperpigmentation with the Obagi Nu-Derm System. Obagi Skincare products are designed to diminish the appearance of premature aging, photodamage, skin discoloration, acne and sun damage. Milk Makeup brand creates vegan, cruelty-free, clean formulas and offers over 300 products through its Website, www.milkmakeup.com, and its retail partners including Sephora in North America, Europe, the Middle East and Australia, and Cult Beauty and Selfridges in the United Kingdom. Its subsidiaries include Obagi Global Holdings Limited and Milk Makeup LLC.