BusinessOura Delays US IPO After Fourfold Oversubscription
Oura Inc., the health and fitness smart ring maker, has postponed its US initial public offering (IPO) despite receiving about four times more orders than available shares. The company planned to raise up to $2.2 billion by offering 50 million shares priced between $40 and $44 each. The IPO delay was announced after banks and backers stopped taking investor orders.
Mint Markets·3h ago

