ALPHAEON Corporation settles $88 Million in Third-Party Debt
Stradling client ALPHAEON Corporation repaid approximately $88 Million in third-party debt pursuant to the transfer to certain noteholders of approximately 1.3 Million shares of Evolus, Inc. common stock and the payment of a portion of the cash proceeds from its sale of 4 million shares of Evolus, Inc. common stock in the underwritten public offering with Morgan Stanley.
ALPHAEON Corporation is a company focused on developing and bringing to market highly innovative healthcare products and services. EVOLUS is a performance beauty company with a customer-centric approach focused on delivering breakthrough products.