Santa Venerina Inv. & Arbitrage Ltd. Takes 10M Share Stake in Waldencast

TL;DR

**Big investor Santa Venerina just bought 10M shares of Waldencast, signaling a bullish bet.**

AI Summary

Santa Venerina Inv. & Arbitrage Ltd., a company based in The Commonwealth of the Bahamas, has reported beneficial ownership of 10,000,000 Class A Ordinary Shares of Waldencast plc (NASDAQ: WALD) as of September 14, 2023. This filing, an SC 13G, indicates that Santa Venerina holds sole voting power over these shares. This matters to investors because it reveals a significant institutional holder has taken a substantial position in Waldencast, potentially signaling confidence in the company's future.

Why It Matters

A large institutional investment like this can influence stock price and company strategy, as Santa Venerina now has a significant voice in Waldencast's future.

Risk Assessment

Risk Level: low — This filing indicates a new significant shareholder, which is generally a neutral to positive event, not inherently risky.

Analyst Insight

Investors should note the significant institutional ownership by Santa Venerina Inv. & Arbitrage Ltd. and consider it a potential vote of confidence, warranting further research into Waldencast's fundamentals and future prospects.

Key Numbers

• 10,000,000 — Class A Ordinary Shares (number of shares beneficially owned by Santa Venerina Inv. & Arbitrage Ltd.)
• September 14, 2023 — Date of Event (the date triggering the filing requirement)

Key Players & Entities

• Santa Venerina Inv. & Arbitrage Ltd. (company) — the reporting person and beneficial owner
• Waldencast plc (company) — the subject company whose shares are being reported
• The Commonwealth of the Bahamas (person) — place of organization for Santa Venerina Inv. & Arbitrage Ltd.

Forward-Looking Statements

• Waldencast plc's stock price may see increased stability or upward pressure due to a significant institutional investor taking a large stake. (Waldencast plc) — medium confidence, target: next 3-6 months

FAQ

Filing Documents

• tm244934d1_sc13g.htm (SC 13G) — 45KB
• 0001104659-24-009520.txt ( ) — 47KB

(a)

Item 1(a). Name of Issuer: Waldencast PLC

(b)

Item 1(b). Address of Issuer’s Principal Executive Offices: 10 Bank Street, Suite 560, White Plains, NY 10606 Item 2. (a) Name of Person Filing: Santa Venerina Inv. & Arbitrage Ltd. (b) Address of Principal Business Office or, if None, Residence: East Bay Street, P.O, Box N-7757, Nassau, The Bahamas (c) Citizenship: The Commonwealth of the Bahamas (d) Title and Class of Securities: Class A Ordinary Shares (e) CUSIP No.: G9503X103

If

Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under Section 15 of the Act; (b) Bank as defined in Section 3(a)(6) of the Act; (c) Insurance company as defined in Section 3(a)(19) of the Act; (d) Investment company registered under Section 8 of the Investment Company Act of 1940; (e) An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act.; (i) A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940; (j) Group, in accordance with § 240 240.13d-1(b)(1)(ii)(J); (k) Group, in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: 3

Ownership

Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of issuer identified in Item 1. (a)Amount Beneficially Owned:10,000,000 (b)Percent of Class: 9.9% 2 (c)Number of shares as to which such person has: (i)Sole power to vote or to direct the vote: 10,000,000 (ii)Shared power to vote or to direct the vote: 0 (iii)Sole power to dispose or to direct the disposition of: 10,000,000 (iv)Shared power to dispose or to direct the disposition of: 0

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following .

Ownership

Item 6. Ownership of more than Five Percent on Behalf of Another Person. Not applicable.

Identification

Item 7. Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person. Not applicable

Identification and classification of members of the group

Item 8. Identification and classification of members of the group. Not applicable.

Notice

Item 9. Notice of Dissolution of Group. Not applicable.

Certifications

Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. 2 Based on 101,228,857 Class A ordinary shares outstanding as of December 31, 2023, as reported in the Issuer’s Form 6-K filed with the Securities and Exchange Commission on January 16, 2024. 4 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 1, 2024 Santa Venerina Inv. & Arbitrage Ltd. Signature: /s/ Philipp Kieber Name/Title: Philipp Kieber, Secretary 5

View Full Filing

View this SC 13G filing on SEC EDGAR