ODDITY Tech Ltd. announced on May 12, 2025, that an entity affiliated with Oran Holtzman, ODDITY co-founder and CEO, sold 5,500,000 shares of the company's Class A ordinary shares. This transaction was conducted as a block trade and is intended to enhance the free float and trading liquidity of ODDITY stock.
Following this sale, Mr. Holtzman has stated he has no plans or intentions to sell additional shares and aims to maintain his control in the company. He has also entered into a lock-up agreement for a period of one year, signaling a commitment to his remaining stake.
After the completion of this transaction, Mr. Holtzman retains an approximate 23% ownership stake in ODDITY and continues to control a majority of the voting power. ODDITY Tech Ltd. did not receive any proceeds from this share sale.
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