The challenge was designed to honor Giant’s legacy of giving back by supporting non-profit organizations whose work has a direct impact on creating a future that promotes healthier people and a healthier planet.
Under the Make a Rare Impact campaign, the beauty retailer will donate 100% of Rare Beauty product sales to the Rare Impact Fund, which was created in 2020 by Selena Gomez.
The retailer’s common stock will continue to be listed and traded on the NYSE during the 'cure periods,' subject to the company’s compliance with other continued listing requirements.