Home Business & Finance Smart Ring Maker Oura Is Said to Seek Up to $3 Billion in IPO
Business & Finance

Smart Ring Maker Oura Is Said to Seek Up to $3 Billion in IPO

Key Points

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.
Smart Ring Maker (ORG) IPO Consumer Tech Smart (ORG) IPO Oura Health Oy (ORG) US (LOCATION) IPO (ORG)
Originally published by Bloomberg Technology Read original →