Olaplex Holdings, Inc. completed its merger with Henkel US Operations Corporation on July 7, 2026, becoming a wholly owned subsidiary of the Parent. Under the terms of the agreement, outstanding common stock was converted into the right to receive $2.06 per share in cash. The total equity value of the transaction was approximately $1.4 billion. As part of the closing, the company repaid approximately $357.6 million to satisfy all outstanding debt under its existing Credit Agreement. Following the merger, the company's common stock was delisted from the Nasdaq Global Select Market. Olaplex Holdings, Inc. is a beauty industry company that specializes in hair care products.