CCA Industries Announces Engagement of Janney Montgomery Scott to Explore the Company's Strategic Alternatives
April 06, 2021 at 03:15 am EDT
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CCA Industries, Inc. (OTCPK:CAWW) announced that it has engaged the investment banking firm Janney Montgomery Scott LLC. Lance Funston, Chairman of the Board and Chief Executive Officer stated, "As a follow up to my previous announcement that the Company's Board of Directors authorized management to select an investment banker to explore the Company's strategic alternatives, I am pleased to report that the Company has entered into an engagement letter with Janney Montgomery Scott LLC, whereby Janney will serve as the Company's exclusive agent to advise on and seek opportunities for the Company, including identifying transactions with prospective purchasers of the Company or any of its business or assets".
CCA Industries, Inc. manufactures and distributes health and beauty aid products. The Company conducts business as Core Care America. The Company offers skin care, oral care, brain health supplements, and beauty products sold in mass markets, chain drug, food and online through amazon.com and walmart.com. The Companyâs products include Plus White toothpastes and teeth whiteners, Bikini Zone medicated topical and shave gels, Nutra Nail nail care treatments, Porcelana skin care products, Scar Zone scar treatment products, Sudden Change anti-aging skin care products, Hair Off depilatory products, Solar Sense sun care products and Neutein brain health supplements. Its other products include Bikini Zone Creme Hair Remover, Bikini Zone Exfoliating Gel, Hair Off Hair Removal Mitten, Hair Off Facial Wax Strips, Lobe Miracle Ear Lobe Support Patches, Nutra Nail Bullet-Proof Strength, Nutra Nail Speed Dry Topcoat, Sudden Change Green Tea Facial Mask, and Sudden Change Beauty Box, among others.