Oura shelves its $2.2B IPO, citing ‘uncertainty’ in the market
The postponement of the IPO will delay some of the company’s plans for its proceeds from the IPO, as well as those of its shareholders.
The postponement of the IPO will delay some of the company’s plans for its proceeds from the IPO, as well as those of its shareholders.
We all knew it was coming. The expected valuation may surprise, though.
The lawsuit alleges that Oura rings are unable to measure any of the physiological signals needed to assess sleep quality or determine sleep stages.
Ultrahuman pushes back into the U.S. with Ring Pro, as Oura strengthens its lead in a market driving 60% of global demand.
The Finnish company said in September that it has sold 5.5 million smart rings to date.
The ring is 40% smaller than its predecessor, and comes with more accurate sensing, enhanced battery life, and more.
The Ring 5, which Oura describes as the world’s smallest smart ring, is 40% smaller than its predecessor and starts at $399.