Oura, a health intelligence platform and maker of the smart ring, has filed with the U.S. Securities and Exchange Commission for an initial public offering of shares of its common stock, according to Dealbreaker. Dealbreaker reported that the smart ring maker could seek a valuation in excess of $16 billion.
Registration filing details
Oura has filed a registration statement with the SEC for the IPO of shares of its common stock, according to Dealbreaker. The company’s share count and price range have not been set yet, Dealbreaker reported.
Listing venue and ticker
Oura plans to list on Nasdaq under the ticker “OURA,” according to Dealbreaker.
Underwriters and roles
Goldman Sachs & Co. LLC, Morgan Stanley, and J.P. Morgan are among the lead book-running managers for the planned offering, according to Dealbreaker.
Disclosures cited by Dealbreaker
Dealbreaker referenced a press release titled “ŌURA Files Registration Statement for Proposed Initial Public Offering.”
Widely known context: In U.S. IPOs, companies typically file a registration statement with the SEC ahead of setting a share count and price range, and lead book-running managers are the banks that run the offering process.
