Oura delays $15bn IPO after announcement

Oura has postponed its planned IPO after filing to raise up to $2.2 billion and aiming for a market value of $15 billion. The decision was made due to uncertainties in the IPO market caused by global economic factors, including rising interest rates and market volatility. The company had intended to list on Nasdaq and sell shares between $40 and $44, but no new timeline has been announced.

Size: 120%Text Size

Notice: This Is an AI-Generated Summary

Display The Full Article