Oddity Finance LLC Announces Upsize and Pricing of $525 Million Offering of 0% Exchangeable Senior Notes Due 2030

As of March 31, 2025, ODDITY had $257 million in cash, and an undrawn $200 million credit lineCapital raise gives ODDITY additional firepower to play offense and pursue future opportunities in a volatile worldA portion of the proceeds will be used to purchase a hedge overlay intended to offset any share dilution up to a cap initially equal to a 100% premium to the stock price at pricingProceeds of the offering are not needed to support the ongoing business NEW YORK , June 10, 2025 (GLOBE NEWSWIRE) -- Oddity ...