Israel's Oddity Tech seeks up to $1.7 billion valuation in U.S. IPO

If the IPO is priced at the top end of the range, more than $263 million would go to existing investors who are selling some shares. Oddity joins a host of companies that have rushed to the stock market in recent weeks, encouraged by strong debuts from firms like Johnson & Johnson's consumer health unit Kenvue. Oddity, which owns the IL MAKIAGE and SpoiledChild brands, is seeking to list on the Nasdaq under the symbol "ODD."