Oddity has filed for an initial public offering to list its shares on the Nasdaq Global Select Market under the ticker symbol “ODD."
Update (July 20, 2023): CNBC points out that Oddity stock closed at $47.53 per share yesterday, translating to a market valuation of $2.7 billion. Shares were initially priced at $35. The share issuance reportedly "raised about $424 million in the offering" for shareholders.
Previously: The number of shares to be offered and the price range for the proposed offering have not yet been determined.
Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, and Allen & Company LLC are acting as lead book-running managers for the proposed offering. BofA Securities, Barclays Capital Inc., Truist Securities, Inc., JMP Securities, A Citizens Company, and KeyBanc Capital Markets Inc. are acting as book-running managers for the proposed offering.
