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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Waldencast Acquisition Corp. (“Waldencast” or the “Company”) (NASDAQ: WALD) with Obagi and Milk Makeup. Under the terms of the merger, Waldencast public shareholders will own only an approximate 27.5% of the combined company.
The Waldencast merger investigation concerns whether the Board of Waldencast has harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.
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