Oura prepares for a $2.2 billion public debut, valuing the wearable tech firm at $14.9 billion as early investors cash out significant stakes.
Oura's $2.2B IPO on Nasdaq with 74% revenue growth represents a significant public market debut.
Smart ring maker Oura plans to raise up to $2.2 billion in a Nasdaq IPO, pricing shares between $40 and $44. While the company reports 74% year-over-year revenue growth, the offering is heavily weighted toward existing shareholders, with early backers like Forerunner Ventures planning to exit their positions.
No, while some early investors like Forerunner Ventures and Lifeline Ventures are selling significant portions of their holdings, major shareholders including Fidelity Investments are not selling any shares.