The Wella Company Files for US Initial Public Offering

05:04 PM EDT, 08/31/2026 (MT Newswires) -- The Wella Company (WELA) filed a registration statement Monday with the US Securities and Exchange Commission for an initial public offering of its common shares. The company said it intends to list its common stock on the New York Stock Exchange under the symbol "WELA". Wella has granted the underwriters a 30-day option to purchase additional shares at the initial public offering price, less underwriting discounts and commissions, to cover any over-allotments. The company intends to use net proceeds from the offering, along with borrowings under the New Senior Facilities Agreement, to repay its outstanding Facility B borrowings under the Senior Facilities Agreement in full and pay its anticipated tax withholding and remittance obligations related to the WINS Exchange and the WOW Issuance. Any remaining net proceeds will be used for general corporate purposes, the company said.