Business & Finance
Smart Ring Maker Oura Is Said to Seek Up to $3 Billion in IPO
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Consumer Tech Smart Ring Maker Oura Is Said to Seek Up to $3 Billion in IPO Oura Health Oy, a maker of smart rings that track health, fitness and sleep, and some of its backers are seeking to raise as much as $3 billion in a US IPO, according to people familiar with the matter. The company’s initial public offering could take place as soon as in September and value it at more than $16 billion, some of the people said. Existing investors are expected to sell a significant amount of stock in...
Consumer Tech
Smart Ring Maker Oura Is Said to Seek Up to $3 Billion in IPO
Oura Health Oy, a maker of smart rings that track health, fitness and sleep, and some of its backers are seeking to raise as much as $3 billion in a US IPO, according to people familiar with the matter.
The company’s initial public offering could take place as soon as in September and value it at more than $16 billion, some of the people said. Existing investors are expected to sell a significant amount of stock in the offering, the people said.