From GlobeNewswire:

ODDITY Tech Ltd. has announced the commencement of an underwritten secondary public offering of 4,000,000 Class A ordinary shares by a fund managed by L Catterton. The Selling Stockholder will grant the underwriters a 30-day option to purchase up to an additional 600,000 ordinary shares. ODDITY is not selling any shares in the offering and will not receive any proceeds from the sale. Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, and other firms are acting as joint book-running managers for the proposed offering. The offering will be made through a prospectus.

ODDITY is a consumer tech company focused on disrupting the offline-dominated beauty and wellness industries. The company serves approximately 50 million users with its online platform, utilizing data science to develop beauty and wellness products. ODDITY owns brands like IL MAKIAGE and SpoiledChild. The company has headquarters in New York City, an R&D center in Tel Aviv, Israel, and a biotechnology lab in Boston. Press and investor inquiries can be directed to [email protected] and [email protected] respectively.



Read more at GlobeNewswire: ODDITY Announces Secondary Offering of Class A Ordinary