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ODDITY Announces Block Trade of Class A Ordinary Shares
Oddity Tech .Oddity Tech .(US:ODD) Globenewswireยท2025-05-12 20:27

Company Overview - ODDITY Tech Ltd. is a consumer tech company focused on building and scaling digital-first brands in the beauty and wellness industries, serving approximately 60 million users through its AI-driven online platform [6]. Share Transaction Details - The company announced the sale of 5,500,000 shares of its Class A ordinary shares by an entity affiliated with Oran Holtzman, the co-founder and CEO [1]. - This transaction aims to enhance the free float and trading liquidity of ODDITY stock [2]. - Following the transaction, Mr. Holtzman retains approximately 23% ownership in the company and maintains a majority of the voting power [3]. Regulatory Compliance - The transaction was conducted in accordance with Rule 144 of the Securities Act of 1933 [4].