EL7.AI
StocksMedium•14 September 2026•
2 min read

Waldencast to Voluntarily Delist Securities from Nasdaq Stock Market

Key Facts

1Waldencast's Board of Directors approved the voluntary delisting of its Class A Ordinary Shares and Warrants from Nasdaq.
2The last day of trading for the company's securities on Nasdaq is expected to be October 2, 2026.
3The Board intends to recommend that shareholders approve renaming the company to Milk Makeup plc.

In a move reflecting a strategic shift in corporate structure, Waldencast has announced its intention to voluntarily delist its Class A ordinary shares and warrants from the Nasdaq Stock Market. According to reports, the Board of Directors approved the decision to end the company's status as a public reporting entity in the US, with October 2, 2026, expected to be the final day of trading. Additionally, the Board intends to recommend a corporate rebranding to Milk Makeup plc to align with its future business direction.

This decision comes as the company navigates the implications of reduced liquidity and transparency associated with exiting public markets, per market data. The stock WALD stood at $1.31 (close September 11, 2026), having traded between a day low of $1.30 and a high of $1.36 during that session. The move is aimed at realizing cost savings and implementing new strategic initiatives under the proposed rebranded identity.

Investors should monitor the delisting timeline, as October 2, 2026, marks the definitive transition for current Nasdaq shareholders. While the upcoming economic calendar shows no direct catalysts for this specific instrument, broader market sentiment regarding retail and consumer sectors will remain a key factor for the company as it moves toward private reporting status.