- The Compa y has filed a Fo m 15 (Ce tificatio a d Notice of Te mi atio of Regist atio ) with the SEC o Octobe 15, 2026 to te mi ate egist atio of its Class A O di a y Sha es a d Wa a ts u de Sectio 12(g) a d suspe d epo ti g obligatio s u de Sectio 15(d)
LONDON, Oct. 15, 2026 (GLOBE NEWSWIRE) — Walde cast plc (“Walde cast” o the “Compa y”) today a ou ced that it has filed a Fo m 15 (Ce tificatio a d Notice of Te mi atio of Regist atio ) with the Secu ities a d Excha ge Commissio (the “SEC”) to te mi ate the egist atio of its Class A o di a y sha es, pa value $0.0001 pe sha e (the “Class A O di a y Sha es”), a d its edeemable wa a ts, each whole wa a t exe cisable fo o e Class A O di a y Sha e at a exe cise p ice of $11.50 pe sha e (the “Wa a ts”) u de the Excha ge Act a d to suspe d the Compa y’s epo ti g obligatio s u de the Excha ge Act.
Upo fili g of the Fo m 15, the Compa y’s obligatio to file pe iodic a d cu e t epo ts with the SEC, i cludi g A ual Repo ts o Fo m 20-F a d Cu e t Repo ts o Fo m 6-K, is suspe ded immediately. The te mi atio of egist atio of the Class A O di a y Sha es a d Wa a ts is expected to become effective 90 days afte the fili g of the Fo m 15 o such sho te pe iod as the SEC may dete mi e. If the Fo m 15 is withd aw o de ied, the Compa y would be equi ed to esume its epo ti g obligatio s.
The Compa y ese ves the ight to withd aw the Fo m 15 p io to its effective ess; if ecessa y, the Compa y will make a y fu the a ou ceme ts as equi ed by applicable laws.
As p eviously a ou ced, as of Octobe 5, the Compa y quoted its Class A O di a y Sha es a d Wa a ts o the Pi k Limited ma ket of the OTC Ma kets G oup u de the ticke MLKMF a d MLKWF, espectively.
Walde cast plc (NASDAQ: WALD) is the pa e t compa y of Milk Makeup, the clea p estige beauty b a d bo f om the c eative commu ity of Milk Studios i dow tow New Yo k City. Fou ded i 2016, Milk Makeup is built o the values of self-exp essio a d i clusio , captu ed by its sig atu e “Live You Look,” a d c eates vega , c uelty-f ee, clea fo mulas ac oss a po tfolio of he o f a chises. Milk Makeup is available th ough milkmakeup.com a d etail pa t e s i cludi g Sepho a, Ulta Beauty a d Amazo P emium Beauty i the U.S., a d select etaile s i te atio ally. Fo mo e i fo matio , please visit: www.milkmakeup.com.
Stateme ts i this elease that a e ot histo ical a e fo wa d-looki g stateme ts made pu sua t to the safe ha bo p ovisio s of the P ivate Secu ities Litigatio Refo m Act of 1995. Such stateme ts i clude, but a e ot limited to, stateme ts ega di g the Compa y’s i te tio to delist f om Nasdaq a d to de egiste f om the SEC, the i te ded be efits of the delisti g a d de egist atio a d futu e st ategies that may be pu sued by the Compa y. These fo wa d-looki g stateme ts ge e ally a e ide tified by the wo ds “i te ds,” “may,” “will,” “futu e,” “expects,” “a ticipates,” “believes,” “seeks,” “ta gets” a d va iatio s of these wo ds o simila exp essio s (o the egative ve sio s of such wo ds o exp essio s) a d a e i te ded to ide tify fo wa d-looki g stateme ts. These fo wa d-looki g stateme ts a e ot gua a tees of futu e pe fo ma ce, co ditio s o esults, a d i volve a umbe of k ow a d u k ow isks, u ce tai ties, assumptio s a d othe impo ta t facto s, ma y of which a e outside the co t ol of the Compa y, that could cause actual esults o outcomes to diffe mate ially f om those discussed i the fo wa d-looki g stateme ts. Impo ta t facto s, amo g othe s, that may affect actual esults o outcomes i clude, but a e ot limited to: (1) the i ability to ecog ize the a ticipated be efits of the delisti g a d de egist atio , i cludi g the possibility that the cost savi gs the Boa d cu e tly expects a e ot ealized i whole o i pa t, o a e ealized mo e slowly o i lesse amou ts tha expected; (2) the ge e al impact of geopolitical eve ts, i cludi g the impact of cu e t wa s, co flicts a d othe hostilities; (3) the ove all eco omic a d ma ket co ditio s a d othe i fo matio about the Compa y’s possible o assumed futu e esults of ope atio s o pe fo ma ce; (4) cha ges i ge e al eco omic co ditio s; (5) the impact of a y i te atio al t ade o fo eig excha ge est ictio s, the impositio of ew o i c eased ta iffs, fo eig cu e cy excha ge fluctuatio s; (6) the ability to impleme t the Compa y’s st ategic i itiatives a d co ti ue to i ovate its existi g p oducts a d a ticipate a d espo d to ma ket t e ds a d cha ges i co sume p efe e ces; a d (7) the possibility that the Fo m 25 o the Fo m 15 do ot become effective, o the expected timetable, o that the SEC de ies o delays the de egist atio . The fo egoi g list of facto s is ot exhaustive. You should ca efully co side the fo egoi g facto s a d the othe isks a d u ce tai ties desc ibed i the “Risk Facto s” sectio of the Compa y’s A ual Repo t o Fo m 20-F fo the yea e ded Decembe 31, 2025, filed with the SEC o Ma ch 13, 2026, o i othe docume ts that may be filed o fu ished by the Compa y f om time to time with the SEC. These fili gs ide tify a d add ess othe impo ta t isks a d u ce tai ties that could cause actual eve ts a d esults to diffe mate ially f om those co tai ed i the fo wa d-looki g stateme ts. Fo wa d-looki g stateme ts speak o ly as of the date they a e made. Reade s a e cautio ed ot to put u due elia ce o fo wa d-looki g stateme ts, a d the Compa y assumes o obligatio a d does ot i te d to update o evise these fo wa d-looki g stateme ts, whethe as a esult of ew i fo matio , futu e eve ts, o othe wise.
I vesto s ICR Alliso Malki walde casti @ic i c.com
Media ICR B itta y F ase walde castp @ic i c.com
