LED-Face Mask Firm Beauty Tech Announces Plan for IPO in London
The Beauty Tech Group said it’s planning an initial public offering on the London Stock Exchange, marking a potential boost for the UK’s capital markets after the slowest first-half for IPO volumes in more than 20 years.
The at-home cosmetics tech company — known for its brands CurrentBody Skin, ZIIP Beauty and Tria Laser — said the offering would be expected to consist of new shares in order to give the firm a “debt-free position” and existing shares by holders, according to a statement from the Cheshire, UK-based firm.