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Oura puts Nasdaq IPO on hold, citing uncertain IPO market

Oura has paused its planned Nasdaq IPO, which was set to sell 50 million shares at $40 to $44 and raise about $2.1 billion at the midpoint.

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Oura has put its planned initial public offering on the Nasdaq on hold, citing uncertainty in the IPO market, according to Dealbreaker. Oura and its early investors had planned to sell 50 million shares at $40 to $44 each, which would have raised about $2.1 billion at the midpoint and valued the company at roughly $15 billion, according to Dealbreaker.

IPO terms and implied valuation

Oura and its early investors had planned to sell 50 million shares at $40 to $44 each in the offering, according to Dealbreaker. The planned price range implied proceeds of about $2.1 billion at the midpoint, according to Dealbreaker. The same planned terms implied a company valuation of roughly $15 billion, according to Dealbreaker.

Rationale for postponement

Oura cited uncertainty in the IPO market as the reason for putting the Nasdaq debut on hold, according to Dealbreaker. Dealbreaker reported that the company paused the IPO even as Oura said its business is continuing to grow.

Business metrics cited by the company

Oura’s paid memberships have reached 5.7 million users, according to Dealbreaker. Oura’s revenue is expected to grow 90% year over year in fiscal 2026, according to Dealbreaker.

Additional references linked by Dealbreaker

Dealbreaker linked to an item titled “Oura Postpones Initial Public Offering” labeled as a press release. Dealbreaker also linked to “Oura Delays IPO Given Wall Street Jitters” from WWD.

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