Renaissance Capital logo

Bright Lights Acquisition Priced, Nasdaq: BLTS

Blank check company targeting the consumer products and media, entertainment, and sports sectors (liquidated).

Industry: SPAC

First Day Return: +5.2%

Industry: SPAC

Bright Lights Acquisition Corp. is a new blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination. While we may pursue an acquisition opportunity in any industry or sector or size, we intend to focus our search for an initial business combination on companies operating in the consumer products and media, entertainment and sports sectors with enterprise valuations in the range of $500 million to $1.5 billion. We are emphasizing (but not limiting ourselves to) businesses that can benefit from celebrity ownership and/or partnership. Our management team has a long history of value creation in the private and public markets. The team is led by our Chief Executive Officer, Michael Mahan, our Co-Chairmen Allen Shapiro and John Howard and our Chief Financial Officer, Hahn Lee. his team has a strong track record of working together to create value for shareholders through acquiring and operating successful businesses within our target sectors.
more less

Bright Lights Acquisition (BLTS) Performance