Olaplex Holdings completes merger, stock delisted from Nasdaq
Olaplex Holdings completed its merger on July 7, 2026, with each share of common stock converted into the right to receive $2.06 per share in cash. The company repaid approximately $357.6 million in outstanding indebtedness under its Credit Agreement and ceased trading on the Nasdaq Global Select Market prior to market open on July 7, 2026. The transaction resulted in a total equity value of approximately $1.4 billion, with the acquiring parent funded by cash on hand.
Key facts
- Merger consideration: $2.06 per share, payable in cash
- Total equity value of transaction: approximately $1.4 billion
- Debt repayment: approximately $357.6 million under Credit Agreement dated February 23, 2022
- Common stock ceased trading on Nasdaq Global Select Market prior to market open on July 7, 2026
- No early termination penalties incurred on debt repayment
- Effective Time: July 7, 2026
- Company became wholly owned subsidiary of Parent
- All outstanding company options and RSU awards converted to cash payments based on excess of merger consideration over exercise price
Why it matters
Olaplex's public shareholders received $2.06 per share in an all-cash merger, and the company's stock no longer trades; existing debt was fully satisfied without penalties, and the acquirer is funding the transaction from its own cash reserves rather than new financing.
Developing story
- 25-NSE
- 8-Kthis filing
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Derived from 8-K filed 2026-07-07. Not investment advice. View the source filing on SEC.gov →