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Oura delays $15BN US IPO

Two colleagues working in a modern office with a printer near a large window.
Illustrative photo.Photo by Mikhail Nilov on Pexels

What happened

Oura said it had taken the decision to postpone listing on the Nasdaq “despite strong demand”. Finland-foundedsmart ring maker Oura is delaying its US IPO due to market uncertainty, it saidtoday.

Finland-founded smart ring maker Oura is delaying its US IPO due to market uncertainty, it said today. Oura, which was founded in Finland in 2013, did not provide a date for when it intends to IPO.

Sources & evidence