Articles from Oddity Tech Ltd.
ODDITY Announces New $200 Million Credit Facility
NEW YORK, Jan. 31, 2025 (GLOBE NEWSWIRE) -- On January 31, 2025, ODDITY Tech Ltd. (NASDAQ: ODD, the “Company”) entered into agreements with a syndicate of banks to secure credit facilities for a total of $200 million (collectively the “Facility”). The Facility replaces the Company’s previous $100 million credit facility and increases financial flexibility to fund growth initiatives, acquisitions, share buybacks, and other general corporate needs.
By Oddity Tech Ltd. · Via GlobeNewswire · January 31, 2025
ODDITY Acquires Intellectual Property and Elite AI Research Team to Accelerate AI Capabilities
NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (NASDAQODD) today announced that it has acquired the tech intellectual property of Fionic1, a fintech company with advanced AI modeling capabilities for financial and consumer end markets.
By Oddity Tech Ltd. · Via GlobeNewswire · January 21, 2025
L Catterton Agrees to Sell $100 Million of Shares Back to ODDITY
NEW YORK, Nov. 13, 2024 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (NASDAQODD) today announced that it has entered into a transaction with a fund managed by L Catterton (“L Catterton”) to repurchase approximately 2.35 million Class A Ordinary Shares (the “Shares”) of the Company for a total cash consideration of approximately $100 million, at a purchase price of $42.501 per share. The transaction will be funded from the Company’s existing cash resources.
By Oddity Tech Ltd. · Via GlobeNewswire · November 13, 2024
Oddity Tech Reports Record Third Quarter Results, Raises Outlook
NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (NASDAQODD) today announced its financial results for the third quarter ended September 30, 2024.
By Oddity Tech Ltd. · Via GlobeNewswire · November 6, 2024
ODDITY to Announce Third Quarter 2024 Financial Results on November 6, 2024
NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (“ODDITY”) (NASDAQODD), the consumer tech platform behind IL MAKIAGE and SpoiledChild that is built to transform the global beauty and wellness market, today announced that it will release its third quarter 2024 financial results after the market close on Wednesday, November 6, 2024, to be followed by a conference call on Thursday, November 7, 2024, at 8:30 a.m. Eastern Time.
By Oddity Tech Ltd. · Via GlobeNewswire · October 17, 2024
ODDITY Appoints Yehoshua (Shuki) Nir to its Board of Directors
NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (the “Company”) announced the appointment today of Yehoshua (Shuki) Nir as an independent Director of the Company and member of the Audit Committee, effective immediately.
By Oddity Tech Ltd. · Via GlobeNewswire · July 16, 2024
CORRECTION: ODDITY Tech Announces Share Buyback Plan, Raises Q2 Guidance
Updated to correct clerical error in Q2 2024 Prior Adjusted Diluted EPS Outlook in table below from release issued earlier today.
By Oddity Tech Ltd. · Via GlobeNewswire · June 7, 2024
ODDITY Tech Announces Share Buyback Plan, Raises Q2 Guidance
NEW YORK, June 07, 2024 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (NASDAQODD) today announced that its Board of Directors has approved a share buyback program authorizing the repurchasing on the open market of a maximum of $150 million of the Company’s Class A Ordinary Shares (the “Buyback Plan”), subject to market conditions, legal and regulatory constraints, the terms of the Plan, and other strategic priorities. The Buyback Plan will expire on June 30, 2027 or once the allocated funds have been fully deployed, subject to any future modifications by the Board.
By Oddity Tech Ltd. · Via GlobeNewswire · June 7, 2024
Initial response to the short seller report published on May 21st 2024
NEW YORK, May 21, 2024 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (NASDAQODD)
By Oddity Tech Ltd. · Via GlobeNewswire · May 21, 2024
ODDITY Tech Reports Record First Quarter Results, Raises Outlook
NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (NASDAQODD) today announced its financial results for the first quarter ended March 31, 2024.
By Oddity Tech Ltd. · Via GlobeNewswire · May 7, 2024
ODDITY to Announce First Quarter 2024 Financial Results on May 7, 2024
NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (“ODDITY”) (NASDAQODD), the consumer tech platform behind IL MAKIAGE and SpoiledChild that is built to transform the global beauty and wellness market, today announced that it will release its first quarter 2024 financial results after the market close on Tuesday, May 7, 2024, to be followed by a conference call on Wednesday, May 8, 2024, at 8:30 a.m. Eastern Time.
By Oddity Tech Ltd. · Via GlobeNewswire · April 17, 2024
ODDITY Announces Pricing of Secondary Offering of Class A Ordinary Shares
NEW YORK, March 14, 2024 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (“ODDITY”) today announced the pricing of a previously announced underwritten secondary public offering of 4,782,609 of ODDITY’s Class A ordinary shares (“Ordinary Shares”) by a fund managed by L Catterton (the “Selling Stockholder”) at a price of $43.50 per share. The Selling Stockholder has also granted the underwriters a 30-day option to purchase up to an additional 717,391 Ordinary Shares. The offering is expected to close on March 19, 2024, subject to the satisfaction of customary closing conditions.
By Oddity Tech Ltd. · Via GlobeNewswire · March 14, 2024
ODDITY Announces Secondary Offering of Class A Ordinary Shares
NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (“ODDITY”) today announced the commencement of an underwritten secondary public offering of 4,000,000 of ODDITY’s Class A ordinary shares (“Ordinary Shares”) by a fund managed by L Catterton (the “Selling Stockholder”). The Selling Stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 600,000 Ordinary Shares.
By Oddity Tech Ltd. · Via GlobeNewswire · March 12, 2024
ODDITY Tech Announces Filing of Annual Report on Form 20-F
NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (NASDAQODD) today announced that its Annual Report on Form 20-F for the full year ended December 31, 2023 has been filed with the Securities and Exchange Commission.
By Oddity Tech Ltd. · Via GlobeNewswire · March 6, 2024
ODDITY Tech Reports Record Fourth Quarter and Full Year Results
NEW YORK, March 05, 2024 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (NASDAQODD) today announced its financial results for the fourth quarter and full year ended December 31, 2023.
By Oddity Tech Ltd. · Via GlobeNewswire · March 5, 2024
ODDITY to Announce Fourth Quarter and Full Year 2023 Financial Results on March 5, 2024
NEW YORK, Feb. 12, 2024 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (“ODDITY”) (NASDAQODD), the consumer tech platform behind IL MAKIAGE and SpoiledChild that is built to transform the global beauty and wellness market, today announced that it will release its fourth quarter and full year 2023 financial results after the market close on Tuesday, March 5, 2024, to be followed by a conference call on Wednesday, March 6, 2024, at 8:30 a.m. Eastern Time.
By Oddity Tech Ltd. · Via GlobeNewswire · February 12, 2024
ODDITY Tech Reports Record Third Quarter Results, Exceeds Guidance and Raises Full Year Revenue and Profit Outlook
NEW YORK, Nov. 07, 2023 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (NASDAQODD) today announced its financial results for the third quarter and nine months ended September 30, 2023.
By Oddity Tech Ltd. · Via GlobeNewswire · November 7, 2023
ODDITY to Announce Third Quarter 2023 Financial Results on November 7, 2023
NEW YORK, Oct. 25, 2023 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (“ODDITY”) (NASDAQODD), the consumer tech platform behind IL MAKIAGE and SpoiledChild that is built to transform the global beauty and wellness market, today announced that it will release its third quarter 2023 financial results after the market close on Tuesday, November 7, 2023, to be followed by a conference call on Wednesday, November 8, 2023, at 8:30 a.m. Eastern Time.
By Oddity Tech Ltd. · Via GlobeNewswire · October 25, 2023
ODDITY Tech Expects to Report Record Third Quarter Results, Beating Revenue Guidance
NEW YORK, Oct. 02, 2023 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (NASDAQODD) today announced certain preliminary unaudited financial results for the third quarter ended September 30, 2023. A conference call to discuss these preliminary results is scheduled for tomorrow, October 3, 2023, at 8:30 a.m. ET.
By Oddity Tech Ltd. · Via GlobeNewswire · October 2, 2023
ODDITY Tech Announces Purchase Of Class A Shares By Global CFO Lindsay Drucker Mann
NEW YORK, Sept. 12, 2023 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (NASDAQODD) today announced that its Global CFO, Lindsay Drucker Mann, has recently purchased an aggregate of approximately $1,000,000 of ODDITY’s Class A ordinary shares in the open market. The purchases were made in full compliance with ODDITY’s insider trading policy.
By Oddity Tech Ltd. · Via GlobeNewswire · September 12, 2023
ODDITY Appoints Gil Efrati as CEO of SpoiledChild
Efrati tapped to build SpoiledChild into the world’s largest wellness brand
By Oddity Tech Ltd. · Via GlobeNewswire · August 24, 2023
ODDITY Tech Reports Record Second Quarter Results, Beating Preliminary Expectations, and Raises Full Year 2023 Outlook Above Plan
NEW YORK, Aug. 09, 2023 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (NASDAQODD) today announced its financial results for the second quarter ended June 30, 2023.
By Oddity Tech Ltd. · Via GlobeNewswire · August 9, 2023
ODDITY to Announce Second Quarter 2023 Financial Results on August 9, 2023
NEW YORK, Aug. 04, 2023 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (“ODDITY”) (NASDAQODD), the consumer tech platform behind IL MAKIAGE and SpoiledChild that is built to transform the global beauty and wellness market, today announced that it will release its second quarter 2023 financial results on Wednesday, August 9, 2023, after the U.S. markets close. ODDITY will host a conference call to discuss the results at 5:30 p.m. Eastern Time on that day.
By Oddity Tech Ltd. · Via GlobeNewswire · August 4, 2023
ODDITY Announces Pricing of its Upsized Initial Public Offering
NEW YORK, July 19, 2023 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (“ODDITY”), the consumer tech platform behind IL MAKIAGE and SpoiledChild that is built to transform the global beauty and wellness market, today announces the pricing of its upsized initial public offering of 12,105,261 of its Class A ordinary shares at a price to the public of $35.00 per share. ODDITY is offering 1,754,385 Class A ordinary shares and certain selling stockholders are offering 10,350,876 Class A ordinary shares. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,815,789 Class A ordinary shares at the initial public offering price, less underwriting discounts and commissions. ODDITY will not receive any proceeds from the sale of the shares by the selling stockholders. The shares are expected to begin trading on the Nasdaq Global Market on July 19, 2023 under the ticker symbol “ODD.” The offering is expected to close on July 21, 2023, subject to the satisfaction of customary closing conditions.
By Oddity Tech Ltd. · Via GlobeNewswire · July 19, 2023
ODDITY Announces Launch of Initial Public Offering
ODDITY Tech Ltd. (“ODDITY”), the consumer tech platform behind IL MAKIAGE and SpoiledChild, that is built to transform the global beauty and wellness market, today announces the launch of its initial public offering of 10,526,314 of its Class A ordinary shares. ODDITY is offering 1,754,385 Class A ordinary shares and certain selling stockholders are offering 8,771,929 Class A ordinary shares. In addition, the selling stockholders expect to grant the underwriters a 30-day option to purchase up to an additional 1,578,947 Class A ordinary shares at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is expected to be between $27.00 and $30.00 per Class A ordinary share. ODDITY has applied to list its Class A ordinary shares on the Nasdaq Global Market under the ticker symbol “ODD.”
By ODDITY Tech Ltd. · Via Business Wire · July 10, 2023
ODDITY Announces Filing of Registration Statement for Proposed Initial Public Offering
ODDITY Tech Ltd. (“ODDITY”), a consumer tech platform that is built to transform the global beauty and wellness market, today announces that it has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of its Class A ordinary shares. ODDITY has applied to list its Class A ordinary shares on the Nasdaq Global Select Market under the ticker symbol “ODD.” The number of shares to be offered and the price range for the proposed offering have not yet been determined. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
By ODDITY Tech Ltd. · Via Business Wire · June 23, 2023