GoKawiilOura postpones up to $2.2B IPO, cites market uncertainty
Smart ring maker Oura has indefinitely delayed its planned initial public offering, which had been set to sell 55 million shares priced between $40 and $44, valuing the company near $15 billion. CEO Tom Hale said the delay reflects broader uncertainty in the IPO market, adding that the company can choose its timing. Oura reported 5.7 million paying members, up from 5 million in June, and expects 90% revenue growth in its 2026 fiscal year after posting $907.9 million in revenue.