ODDITY Announces Pricing of Secondary Offering of Class A Ordinary Shares
NEW YORK, March 14, 2024 (GLOBE NEWSWIRE) — ODDITY Tech Ltd. (“ODDITY”) today announced the pricing of a previously announced underwritten secondary public offering of 4,782,609 of ODDITY’s Class A ordinary shares (“Ordinary Shares”) by a fund managed by L Catterton (the “Selling Stockholder”) at a price of $43.50 per share. The Selling Stockholder has also granted the underwriters a 30-day option to purchase up to an additional 717,391 Ordinary Shares. The offering is expected to close on March 19, 2024, subject to the satisfaction of customary closing conditions.