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MANSCAPED and UFC Announce Multi-Year Marketing Partnership - PR Newswire Additionally, actor Channing Tatum inked a creative content partnership with Manscaped and will become an investor, according to a Form 425 filing with the US Securities & Exchange Commission. For more information, visit the website or follow on Facebook, Instagram, Twitter, TikTok, and YouTube. This press release relates to a proposed transaction between Bright Lights and MANSCAPED. MANSCAPED offers a one-stop-shop at manscaped.com and direct-to-consumer shipping in 38 countries, spanning the United States, Canada, Australia, New Zealand, the United Kingdom, the European Union, Norway, Switzerland, Singapore, South Africa, the United Arab Emirates, and the Kingdom of Saudi Arabia. The guidance provided above constitutes forward-looking statements, and actual results may differ materially. Banner Ventures and Smash Ventures are the most recent investors. MANSCAPED, a leader and pioneer in men's grooming, has entered into a definitive business combination agreement with Bright Lights Acquisition Corp. (Nasdaq:BLTS) ("Bright Lights"), led by. Along the way, the global grooming leader has produced significant accomplishments including launching in 38 countries with international sales tracking with its successful U.S. trajectory, creating a top-notch and rapidly growing subscription program, and boasting thousands of disruptive displays in retail giants like Target, Best Buy, and Macys. Channing Tatum, Guggenheim Back Manscaped's $1 Billion SPAC Deal Retail placement includes Target, Best Buy, and Macys stores throughout the U.S. and Hairhouse locations in Australia. Earlier this month, software company FiscalNote agreed to a SPAC merger that saw private investors promise to backstop redemptions. The trouble is that the private investors are getting a bargain. We are thrilled to partner with MANSCAPED and their team and look forward to its future success as a publicly traded entity., Kevin Datoo, President of MANSCAPED, commented, We see a tremendous global market opportunity in front of us driven by the exponential growth of this new, but immense segment. Contact. Feb 15, 2023. All rights reserved. is acting as legal advisor to MANSCAPED. Gross profit in 2021 was $143.9 million, an increase of 36.7% compared to $105.3 million in 2020. Founded by Paul Tran in 2016, San Diego, California-based MANSCAPED is the global mens lifestyle consumer brand and male grooming category creator trusted by over five million men worldwide. All Filings for Bright Lights Acquisition Corp via EDGAR. SAN DIEGO-- ( BUSINESS WIRE )-- MANSCAPED ("MANSCAPED" or the "Company"), a leading global consumer lifestyle brand specializing in men's grooming and self-care, today announced financial. Moelis & Company LLC is acting as financial advisor to Bright Lights. To evaluate the performance of our business, we rely on both our results of operations recorded in accordance with GAAP and certain non-GAAP financial measures, including Adjusted EBITDA. 10% Off + Free Shipping. Even if he makes it through this regulatory blowback, crypto trading has moved against him. What is the difference between The Lawn Mower 4.0 vs. 3.0 vs. 2.0? MANSCAPED (MANSCAPED or the Company), a leading mens lifestyle consumer brand and male grooming category creator, and Bright Lights Acquisition Corp. (Bright Lights) (Nasdaq:BLTS), a publicly-traded special purpose acquisition company, announced today they have entered into a definitive business combination agreement that will result in MANSCAPED becoming a public company. The proxy statement/prospectus will be sent to all Bright Lights stockholders. Certain of MANSCAPEDs financial results, discussed below, may be found in the Registration Statement on Form S-4/A (File No. Manscapeds deal works around that risk. SEC.gov | HOME Steve-O x MANSCAPED: Check Your Balls Regularly! Coupon Type. Bright Lights or Bright Lights Parent Corp. will also file other documents regarding the proposed transactions with the SEC. Jefferies LLC, Moelis & Company LLC and Deutsche Bank Securities Inc. served as placement agents for the PIPE financing. Manscaped Coupon, Promo Codes: 10% Off - June 2023 - RetailMeNot This commercial with John Daly and his son might be the best thing to come out of the NIL era. Director of Communications, MANSCAPED Jared Filippone, CFA Allison Frazier GOVERNANCE DOCUMENTS. The transaction will require the approval of the shareholders of both MANSCAPED and Bright Lights, and is subject to other customary closing conditions, including the receipt of certain regulatory approvals. Additional Information and Where to Find It. Paul Tran commented, MANSCAPED was founded on delivering much-needed grooming solutions for men but has since catapulted into a full lifestyle brand with a multigenerational cult following. ADDING MULTIMEDIA: MANSCAPED Extends Partnership With Sydney Roosters For Second Season As Official Below-The-Waist Grooming Partner, MANSCAPED Designated Official Below-The-Waist Grooming Partner Of The Montreal Canadiens, MANSCAPED Designated Official Mens Grooming Partner Of The Ottawa Senators, MANSCAPED Continues Its Rapid International Expansion, Launching in Norway and Switzerland. - In an investor presentation Manscaped said that it expects to generate $290 million in revenue in 2021, growing to over $500 million in 2023. Net sales in the fourth quarter of 2021 were $84.9 million, an increase of 17.1% compared to $72.5 million in the fourth quarter of 2020. International net sales increased 51.8% and U.S. net sales increased 8.8%. Corporate Gov Guidelines. Retail net sales increased 85.6%, Marketplace net sales increased 71.6% and Direct-to-Consumer net sales increased 27.8%. For these reasons, we are unable to assess the probable significance of the unavailable information, which could materially impact the amount of future net loss. Net loss in 2021 was $315.5 million, compared to net loss of $54.2 million in 2020. Code of Ethics. The transaction is expected to close in the first quarter of 2022. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. These statements are based on various assumptions, whether or not identified in this communication. Accordingly, the non-GAAP financial measures we use and refer to are in addition to, and should not be viewed as a substitute for or superior to, performance measures prepared in accordance with GAAP or as a substitute for or an alternative to operating income, net income or any other performance measures derived in accordance with GAAP. Any merger they agree to is typically conditioned on some minimum amount of cash remaining in that trust, as well as a shareholder vote. MANSCAPED Designated Official Mens Grooming Partner of Shamrock Rovers F.C. For more information, visit www.manscaped.com or follow on Facebook, Instagram, Twitter, TikTok and YouTube. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. More (310) 421-1472. info@brightlightsacquisition.com . We have not reconciled forward-looking Adjusted EBITDA to its most directly comparable generally accepted accounting principles (GAAP) measure, net income (loss), because we cannot predict with reasonable certainty the ultimate outcome of certain components of such reconciliations, including market-related assumptions that are not within our control or others that may arise, without unreasonable effort. Active customers, which includes unique customers that have made a purchase through the Direct-to-Consumer channel, were 2.4 million in 2021, an increase of 30.6% compared to 1.8 million in 2020. June 21, 2022 1 minute read Bright Lights Acquisition in a regulatory filing included an investor presentation highlighting its proposed merger with MANSCAPED, a men's lifestyle consumer brand. We have proven ourselves as the market leader and creator of the below-the-waist care category and are excited to continue to evolve our offerings into the leading lifestyle brand for mens self-care.. Due to these external factors, we believe it is prudent to revise our outlook for 2022. Before making any voting or investment decision, investors and security holders of Bright Lights are urged to read the registration statement, the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC in connection with the proposed transaction as they become available because they will contain important information about the proposed transaction. Our definition of Adjusted EBITDA described below is specific to our business and you should not assume that it is comparable to similarly titled financial measures of other companies. 925-216-2791, Keil Decker Investor Relations - Solo Brands, Inc. Elsewhere, electric-vehicle company Polestar agreed to sell shares at $9.09 each to private investors as part of its blank-check deal. Investors and security holders will be able to obtain free copies of the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC by Bright Lights or Bright Lights Parent Corp. through the website maintained by the SEC at www.sec.gov or by directing a request to Bright Lights via email at info@brightlightsacquisition.com or calling 310-421-1472. You should carefully consider the foregoing factors and the other risks and uncertainties described in the Risk Factors section of Bright Lights Annual Reports on Form 10-K, Bright Lights Quarterly Reports on Form 10-Q, the registration statement that includes a proxy statement/prospectus on Form S-4 that ParentCo and Bright Lights have filed with the SEC and other documents filed by ParentCo and Bright Lights from time to time with the SEC. Before making any voting or investment decision, investors and security holders of Bright Lights are urged to read the registration statement, the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC in connection with the proposed transactions as they become available because they will contain important information about the proposed transactions. To the extent that holdings of Bright Lights securities have changed from the amounts reported in Bright Lights Annual Report on Form 10-K, such changes have been or will be reflected on Statements of Changes in Beneficial Ownership on Form 4 filed with the SEC. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. Information about Bright Lights directors and executive officers and their ownership of Bright Lights securities is set forth in Bright Lights filings with the SEC. - The deal comes after Bloomberg reported in July that the two sides were in deal talks, following a report in October 2020 that Manscaped was exploring a potential sale at a valuation of over $500 million. The slight decline in AOV was largely due to a higher proportion of orders from repeat and subscription customers at lower AOVs, and was partially offset by growth in the Marketplace channel, which drives a higher AOV. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Gross profit in the fourth quarter of 2021 was impacted by $3.5 million of increased air freight and shipping costs, compared to the fourth quarter of 2020. Certain of MANSCAPED's financial results, discussed below, may be found in the . As a digitally native brand, MANSCAPED has scaled into a true omnichannel lifestyle business in a short amount of time. These risks and uncertainties may be amplified by the COVID-19 pandemic, which has caused significant economic uncertainty. Forward-looking statements speak only as of the date they are made. All Rights Reserved, MANSCAPED Launches Ultra Premium Collection, MANSCAPED and UFC Announce Multi-Year Extension of Their Iconic Partnership. ManscapedPR@icrinc.com In just twelve months, we expanded our international footprint to five continents, renewed with key marketing partners like UFC, introduced the fourth generation of our Lawn Mower trimmer, and innovated well beyond the groin with the launch of our UltraPremium Collection of head-to-toe grooming products, said Paul Tran, Founder and Chief Executive Officer of MANSCAPED. This notion, combined with MANSCAPEDs mission to help men level up and be the best version of themselves, is now a proven and highly adopted concept around the world. In addition to the approximately $144 million held in Panacea's trust (assuming no redemptions), transaction terms also include concurrent equity financings totaling slightly more than $500 million at $10 per share. You may obtain free copies of these documents as described above. This press release does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. How to grow a beard faster - Our best tips! MANSCAPED Signs Pete Davidson As Brand Partner And Shareholder. MANSCAPED is funded by 5 investors. On Monday, the U.S. Securities and Exchange Commission sued the worlds largest cryptocurrency exchange, accusing it of, among other things, artificially inflating trading volumes and failing to properly control U.S. accounts. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. The product range includes a diversified line of premium tools, formulations, and accessories that are intelligently designed to introduce and elevate a whole new self-care routine for men. SAN DIEGO, June 15, 2022 (GLOBE NEWSWIRE) -- MANSCAPED ("MANSCAPED" or the "Company"), a leading global consumer lifestyle brand specializing in men's grooming and self-care, is scheduled to. Accordingly, undue reliance should not be placed upon the forward-looking statements. Gross margin in 2021 was 48.4%, compared to 50.0% in 2020. A slowdown suggested public investors were becoming appropriately discerning about which deals were satisfactory and which left a little too much up to the imagination. Net sales growth in the second half of 2022 are expected to increase high-single digits compared to the second half of 2021 due to new product introductions, continued international expansion and further retail store count growth. ManscapedIR@icrinc.com Paul Hastings LLP served as legal advisor to the placement agents. This measure, as defined below, is not defined or calculated under principles, standards, or rules that comprise GAAP. The proxy statement/prospectus will be sent to all Bright Lights stockholders. Adjusted EBITDA in 2021 was $5.2 million, an increase of 5.9% compared to $4.9 million in 2020. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. A company that specializes in men's grooming products is in talks to go public via SPAC. You can also find additional deals and coupon codes on RetailMeNot.com. When used in conjunction with GAAP financial measures, we believe that Adjusted EBITDA, including on a forward-looking basis, provides useful information to management and investors regarding certain financial and business trends relating to MANSCAPEDs financial condition and results of operations because it facilitates comparisons of historical performance by excluding non-cash items such as equity-based payments and other amounts not directly attributable to our primary operations, such as one-time transaction-related expenditures. Net sales in 2021 were $297.2 million, an increase of 41.1% compared to $210.7 million in 2020. International net sales increased 130.1% and U.S. net sales increased 27.2%. SAN DIEGO & LOS ANGELES--(BUSINESS WIRE)-- ManscapedIR@icrinc.com, Media Contact Types of Tuxedos - Different Tuxedo Styles for Every Occasion, The Lawn Mower 4.0 review by Alex Kouras, How to get MANSCAPED Lawn Mower 3.0 charging cable replacement. VIEW FILINGS. "We are pleased with our strong fourth quarter results, closing out a transformational 2021 for our company. Based on current market conditions, MANSCAPED is updating its financial outlook for full-year fiscal 2022: "The world has changed dramatically in the past six months and we have been strategic in adapting to macro headwinds, including global supply chain issues and the rising costs of paid media. Information about Bright Lights directors and executive officers and their ownership of Bright Lights securities is set forth in Bright Lights filings with the SEC. Bright Lights and MANSCAPED and their respective directors and executive officers, under SEC rules, may be deemed to be participants in the solicitation of proxies of Bright Lights shareholders in connection with the business combination. In connection with the Transactions described herein, Bright Lights or Bright Lights Parent Corp. intends to file relevant materials with the SEC, including a registration statement on Form S-4, which will include a proxy statement/prospectus. For more information, visit https://www.brightlightsacquisition.com/. Many actual events and circumstances are beyond the control of ParentCo, Bright Lights and MANSCAPED. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of MANSCAPEDs management and are not predictions of actual performance. Visit the Manscaped.com homepage or the Special Offer section on their homepage to access current promotions and deals. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. Advertising as a percentage of net sales was 34.3% in 2021, compared to 39.2% in 2020. Bright Lights Acquisition Files Investor Presentation on $1B MANSCAPED These risks and uncertainties may be amplified by the COVID-19 pandemic, which has caused significant economic uncertainty. If approved, Manscaped Holdings would list on the Nasdaq under MANS. Net sales in the fourth quarter of 2021 were $84.9 million, an increase of 17.1% compared to $72.5 million in the fourth quarter of 2020. International net sales increased 51.8% and U.S. net sales increased 8.8%. "We are pleased with our strong fourth quarter results, closing out a transformational 2021 for our company. Net loss in the fourth quarter of 2021 was $52.3 million, compared to net loss of $15.4 million in the fourth quarter of 2020. Amid a difficult market, special-purpose acquisition companies are doing everything they can to keep the machine running. The process of going public is a crucial milestone in our journey. See here for a complete list of exchanges and delays. 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Gross profit in the fourth quarter of 2021 was $37.2 million, compared to $36.6 million in the fourth quarter of 2020. Adjusted EBITDA is also a key metric used internally by our management for trend analyses, for purposes of determining management incentive compensation and for budgeting and planning purposes. Certain statements included in this communication that are not historical facts are forward-looking statements within the meaning of the federal securities laws, including safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. The proxy statement/prospectus will be sent to all Bright Lights stockholders. Before making any voting or investment decision, investors and security holders of Bright Lights are urged to read the registration statement, the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC in connection with the proposed transaction as they become available because they will contain important information about the proposed transaction. The product range includes a diversified line of premium tools, formulations, and accessories that are intelligently designed to introduce and elevate a whole new self-care routine for men. The slight decline in AOV was largely due to a higher proportion of orders from repeat and subscription customers at lower AOVs, and was partially offset by growth in the Marketplace channel, which drives a higher AOV. SEC FILINGS. MANSCAPED sells a line of below-the-waist grooming products that include tools, formulations, and accessories. Gross profit in the fourth quarter of 2021 was $37.2 million, compared to $36.6 million in the fourth quarter of 2020. Manscaped's latest funding round was a Series B for $25.07M on November 8, 2022. However, a SPACs shareholders can choose to redeem their shares in return for cash. The entire MANSCAPED team and I are excited about the significant opportunity for our business and, as it relates to 2022, we look forward to unveiling the new products and partnerships we have slated for the second half of the year, while investing in our long-term growth and success as we transition to a public company, added Mr. Tran. Men's Grooming Company Manscaped In Talks To Go Public Via - Benzinga The guidance provided above constitutes forward-looking statements, and actual results may differ materially. Here is why they itch and how to stop it. The product range includes a diversified line of premium tools, formulations, and accessories that are intelligently designed to introduce a whole new self-care routine for men. These symbols will be available throughout the site during your session. They give their pitch and tell their story as the Sharks have a chuckle. Additional information regarding the interests of those persons and other persons who may be deemed participants in the proposed transaction may be obtained by reading the proxy statement/prospectus regarding the proposed transaction. Skadden, Arps, Slate, Meagher & Flom LLP is acting as legal advisor to Bright Lights. allison@manscaped.com SAN DIEGO, Calif. (April 22, 2022) MANSCAPED (MANSCAPED or the Company), a leading global consumer lifestyle brand specializing in mens grooming and self-care, today announced financial results for its fourth quarter and fiscal year endedDecember 31, 2021. Certain of the financial information and data contained in this communication is unaudited and does not conform to Regulation S-X. Investors and security holders may obtain more detailed information regarding the names and interests in the business combination of Bright Lights directors and officers in Bright Lights filings with the SEC, including Bright Lights Annual Report on Form 10-K for the fiscal year ended December 31, 2020 filed with the SEC on March 31, 2021. 2023 PitchBook. MANSCAPED Announces Participation in the ICR Conference 2022 They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias. MANSCAPED, a Leading Men's Lifestyle and Consumer Brand - Nasdaq Bright Lights is a blank check company that was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Furthermore, Manscaped reported $285 million in trailing 12-month (TTM) revenue. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Manscaped SPAC shaves public investors' consent | Nasdaq Manscaped founder on how the company became 'the de-facto standard for After closing, assuming no redemptions, the Company expects to have $235 million on the balance sheet and no debt. Certain statements included in this press release are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995.

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