# EDGAR Filing Document

**Accession Number:** 0001840199
**File Stem:** 0000919574-25-005553
**Filing Date:** 2025-9
**Character Count:** 13942
**Document Hash:** 2a5731f6159ca1fe4c44586e7a0507b4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000919574-25-005553.hdr.sgml**: 20250904

**ACCESSION NUMBER**: 0000919574-25-005553

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250904

**DATE AS OF CHANGE**: 20250904

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Waldencast plc
- **CENTRAL INDEX KEY:** 0001840199
- **STANDARD INDUSTRIAL CLASSIFICATION:** PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-92389
- **FILM NUMBER:** 251294280

**BUSINESS ADDRESS:**
- **STREET 1:** 81 FULHAM ROAD
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** SW3 6RD
- **BUSINESS PHONE:** 44 (0)20 3196 0264

**MAIL ADDRESS:**
- **STREET 1:** 81 FULHAM ROAD
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** SW3 6RD

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Waldencast Acquisition Corp.
- **DATE OF NAME CHANGE:** 20210112
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FVF Participacoes Ltda
- **CENTRAL INDEX KEY:** 0002084057

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** D5
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** AVENIDA BRIGADEIRO FARIA LIMA
- **STREET 2:** N 2.277, CONJ. 1601
- **CITY:** SAO PAULO
- **NON US STATE TERRITORY:** SAO PAULO
- **PROVINCE COUNTRY:** D5
- **ZIP:** 01452-000
- **BUSINESS PHONE:** 55 11 2394 1105

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** AVENIDA BRIGADEIRO FARIA LIMA
- **STREET 2:** N 2.277, CONJ. 1601
- **CITY:** SAO PAULO
- **NON US STATE TERRITORY:** SAO PAULO
- **PROVINCE COUNTRY:** D5
- **ZIP:** 01452-000

## Ex-99

<u>Exhibit A</u>

<u>JOINT FILING AGREEMENT</u>

The undersigned agree that this Schedule 13G dated September 4, 2025 relating to the Class A ordinary shares, par value $0.0001 per share, of Waldencast plc shall be filed on behalf of the undersigned.

---

| |
|:---|
| &nbsp;&nbsp; FVF PARTICIPAÇÕES LTDA.<br>By: /s/ Antônio Carlos de Freitas Valle |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Antônio Carlos de Freitas Valle |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director |

---

---

| |
|:---|
| &nbsp;&nbsp; ANNAPURNA INVESTMENT FUND LTD.<br>By: /s/ Antônio Carlos de Freitas Valle |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Antônio Carlos de Freitas Valle |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director |

---

&nbsp;&nbsp; ANTÔNIO CARLOS DE FREITAS VALLE<br>By: /s/ Antônio Carlos de Freitas Valle<br>

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**Issuer:** Waldencast plc

**Title of Class of Securities:** Class A ordinary shares, par value $0.0001 per share

**CUSIP Number:** G9503X103

**Date of Event Which Requires Filing of this Statement:** 08/15/2025

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [ ] Rule 13d-1(b)

- [x] Rule 13d-1(c)

- [ ] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>FVF PARTICIPACOES LTDA. | Names of Reporting Persons<br>FVF PARTICIPACOES LTDA. |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>D5 | Citizenship or Place of Organization<br>D5 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>7013199.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>7013199.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>7013199.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>7013199.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>6.1% | Percent of Class Represented by Amount in Row (9)<br>6.1% |
| 12. | Type of Reporting Person (See Instructions)<br>IA | Type of Reporting Person (See Instructions)<br>IA |

---

| 1. | Names of Reporting Persons<br>ANNAPURNA INVESTMENT FUND LTD. | Names of Reporting Persons<br>ANNAPURNA INVESTMENT FUND LTD. |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>C5 | Citizenship or Place of Organization<br>C5 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>7013119.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>7013119.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>7013119.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>7013119.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>6.1% | Percent of Class Represented by Amount in Row (9)<br>6.1% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

---

| 1. | Names of Reporting Persons<br>ANTONIO CARLOS DE FREITAS VALLE | Names of Reporting Persons<br>ANTONIO CARLOS DE FREITAS VALLE |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>D5 | Citizenship or Place of Organization<br>D5 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>7013119.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>7013119.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>7013119.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>7013119.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>6.1% | Percent of Class Represented by Amount in Row (9)<br>6.1% |
| 12. | Type of Reporting Person (See Instructions)<br>HC, IN | Type of Reporting Person (See Instructions)<br>HC, IN |

---

**Item 1(a). Name of Issuer:**
Waldencast plc

**Item 1(b). Address of Issuer's Principal Executive Offices:**
81 Fulham Road, London, SW3 6RD, United Kingdom

**Item 2(a). Name of Person Filing:**
FVF Participacoes Ltda.
Annapurna Investment Fund Ltd.
Antonio Carlos de Freitas Valle

**Item 2(b). Address of Principal Business Office:**
FVF Participacoes Ltda.
Avenida Brigadeiro Faria Lima n 2.277, conj. 1601
Sao Paulo, Brazil, CEP 01452-000

Annapurna Investment Fund Ltd.
The Bahamas Financial Centre, 4th Floor
Shirley & Charlotte Streets
P.O. Box CB-13515
Nassau, The Bahamas

Antonio Carlos de Freitas Valle
Avenida Brigadeiro Faria Lima n 2.277, conj. 1601
Sao Paulo, Brazil, CEP 01452-000

**Item 2(c). Citizenship:**
FVF Participacoes Ltda. - Brazil
Annapurna Investment Fund Ltd. - Bahamas
Antonio Carlos de Freitas Valle - Brazil

**Item 2(d). Title of Class of Securities:**
Class A ordinary shares, par value $0.0001 per share

**Item 2(e). CUSIP Number:**
G9503X103

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [ ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), if filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

(k) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

FVF Participacoes Ltda. - 7,013,199
Annapurna Investment Fund Ltd. - 7,013,119
Antonio Carlos de Freitas Valle - 7,013,119

**(b) Percent of class:**

FVF Participacoes Ltda. - 6.1%*
Annapurna Investment Fund Ltd. - 6.1%*
Antonio Carlos de Freitas Valle - 6.1%*

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

FVF Participacoes Ltda. - 0
Annapurna Investment Fund Ltd. - 0
Antonio Carlos de Freitas Valle - 0

**(ii) Shared power to vote or to direct the vote:**

FVF Participacoes Ltda. - 7,013,199
Annapurna Investment Fund Ltd. - 7,013,119
Antonio Carlos de Freitas Valle - 7,013,119

**(iii) Sole power to dispose or to direct the disposition of:**

FVF Participacoes Ltda. - 0
Annapurna Investment Fund Ltd. - 0
Antonio Carlos de Freitas Valle - 0

**(iv) Shared power to dispose or to direct the disposition of:**

FVF Participacoes Ltda. - 7,013,199
Annapurna Investment Fund Ltd. - 7,013,119
Antonio Carlos de Freitas Valle - 7,013,119
* Percent of class is calculated based on an aggregate of (i) 112,644,711 shares of Class A ordinary shares, par value $0.0001 per share ("Common Stock") outstanding as of April 30, 2025, as reported in the Issuer's Form 6-K filed on May 13, 2025 and (ii) 1,611,133 additional shares of Common Stock issuable upon the exercise of warrants to purchase shares of Common Stock and deemed outstanding for purposes of calculating its respective beneficial ownership.

**Item 5. Ownership of Five Percent or Less of a Class.**

[x] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

All of the securities reported in this Schedule 13G are directly owned by advisory clients of FVF Participacoes Ltda. None of those advisory clients, other than Annapurna Investment Fund Ltd., may be deemed to beneficially own more than 5% of the Class A ordinary shares, par value $0.0001 per share.

**Item 7. Identification and Classification of the Subsidiary**

Not Applicable

**Item 8. Identification and Classification of Members of the Group**

Not Applicable

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**FVF PARTICIPACOES LTDA.**

**Date:** 09/04/2025

**By:** By: /s/ Antonio Carlos de Freitas Valle

**Name & Title:** Antonio Carlos de Freitas Valle, Director

**ANNAPURNA INVESTMENT FUND LTD.**

**Date:** 09/04/2025

**By:** By: /s/ Antonio Carlos de Freitas Valle

**Name & Title:** Antonio Carlos de Freitas Valle, Director

**ANTONIO CARLOS DE FREITAS VALLE**

**Date:** 09/04/2025

**By:** By: /s/ Antonio Carlos de Freitas Valle

**Name & Title:** Antonio Carlos de Freitas Valle