Why is Oura going public at $15.6 billion, and what does it mean for the US IPO market?

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Hindustan Times India 1h

Why is Oura going public at $15.6 billion, and what does it mean for the US IPO market?

Oura, the company behind the Oura smart ring, has started its IPO roadshow in the US. The company is targeting a fully diluted valuation of about $15.62 billion. The IPO is expected to happen next week, with Oura planning to list on the Nasdaq under the ticker “OURA.” Goldman Sachs, Morgan Stanley »»»

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