Item 8.01 Other Events.
On January 11, 2021, Bright Lights Acquisition Corp. (the "Company") consummated
its initial public offering (the "IPO") of 23,000,000 units (the "Units"),
including the issuance of 3,000,000 Units as a result of the underwriters'
exercise of their option to purchase additional Units in full. Each Unit
consists of one share of Class A common stock of the Company, par value $0.0001
per share ("Class A Common Stock"), and one-half of one redeemable warrant of
the Company. Each whole warrant entitles the holder thereof to purchase one
share of Class A Common Stock for $11.50 per share, subject to adjustment. The
Units were sold at a price of $10.00 per Unit, generating gross proceeds to the
Company of $230,000,000.
Substantially concurrently with the closing of the IPO, the Company completed
the private sale of 6,600,000 warrants (the "Private Placement Warrants") to the
Company's sponsor, Bright Lights Sponsor LLC, at a purchase price of $1.00 per
Private Placement Warrant, generating gross proceeds to the Company of
$6,600,000.
A total of $230,000,000, comprised of proceeds from the IPO and the sale of the
Private Placement Warrants was placed in a U.S.-based trust account at J.P.
Morgan Chase Bank, N.A., maintained by Continental Stock Transfer & Trust
Company, acting as trustee. An audited balance sheet as of January 11, 2021
reflecting receipt of the proceeds upon consummation of the IPO and the sale of
the Private Placement Warrants has been issued by the Company and is included as
Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are filed with this Form 8-K:
Exhibit No. Description of Exhibits
99.1 Audited Balance Sheet, as of January 11, 2021.
1
© Edgar Online, source Glimpses
BRIGHT LIGHTS ACQUISITION CORP. 
