Oddity Tech, an Israeli digital beauty and wellness company, priced its upsized initial public offering late Tuesday at $35 a share, above the already raised...
Oddity Tech, an Israeli digital beauty and wellness company, priced its upsized initial public offering late Tuesday at $35 a share, above the already raised proposed price range of $32 to $34. The company, parent to the Il Makiage beauty line, sold 12.1 million shares to raise $423.5 million at a valuation of $1.98 billion. The offering was comprised of 1.8 million Class A shares, which carry one voting right, and 10.4 million Class B shares sold by selling shareholders, which carry 10 votes.
Oddity Tech, an Israeli digital beauty and wellness company, priced its upsized initial public offering late Tuesday at $35 a share, above the already raised proposed price range of $32 to $34. The company, parent to the Il Makiage beauty line, sold 12.1 million shares to raise $423.5 million at a valuation of $1.98 billion. The offering was comprised of 1.8 million Class A shares, which carry one voting right, and 10.4 million Class B shares sold by selling shareholders, which carry 10 votes.
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