ODDITY Announces Secondary Offering Of 4M Class A Ordinary Shares
Portfolio Pulse from Benzinga Newsdesk
ODDITY Tech Ltd. announced a secondary public offering of 4M Class A ordinary shares by L Catterton. ODDITY will not sell any shares nor receive proceeds from this offering. Goldman Sachs, J.P. Morgan, Morgan Stanley, Allen & Company, Evercore Group, and Barclays are the joint lead book-running managers.
March 12, 2024 | 8:46 pm
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NEUTRAL IMPACT
ODDITY Tech Ltd. is involved in a secondary offering of 4M shares by L Catterton, but will not sell any shares or receive proceeds.
Although ODDITY is directly involved in the secondary offering, it will not receive any proceeds from the sale, making the impact neutral. The offering could influence market perception but does not directly affect ODDITY's financial position.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80