Bright Lights Acquisition Corp. and MANSCAPED™ Mutually Agree to Terminate Business Combination Agreement Due to Unfavorable Market Conditions

Bright Lights Acquisition Corp. (Bright Lights or BLTS) (Nasdaq: BLTS), a special purpose acquisition company (SPAC), and MANSCAPED (MANSCAPED or the Company), a leading global consumer lifestyle brand specializing in mens grooming and self-care, today announced that they are mutually terminating their previously announced Business Combination Agreement, effective immediately.