Smart ring maker Oura has postponed its up to $2.2 billion IPO indefinitely, citing “uncertainty in the IPO market.”
The company, which had filed to offer 55 million shares at a range of $40 to $44 each in the IPO, did not provide additional details. The IPO would have valued Oura at up to $15 billion at the mid-point of that range.
Originally reported by TechCrunch. Read the full story at the original source.
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Similar performance, security tradeoffs also seen in current public models.
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