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 parameters and implied valuation
Oura and its early investors had planned to sell 50 million shares at $40 to $44 each, according to Dealbreaker. Dealbreaker reported that those terms would have raised about $2.1 billion at the midpoint. Dealbreaker also reported that the planned offering would have valued Oura at roughly $15 billion.
Market conditions cited for the delay
Oura cited uncertainty in the IPO market as the reason it is putting its Nasdaq IPO on hold, according to Dealbreaker. Dealbreaker characterized the decision as occurring amid IPO-market uncertainty.
Business metrics cited alongside the delay
Oura said its business is continuing to grow even as it delays the IPO, according to Dealbreaker. Oura’s paid memberships have reached 5.7 million users, Dealbreaker reported. Dealbreaker also reported that Oura’s revenue is expected to grow 90% year over year in fiscal 2026.
Related items referenced in the report
Dealbreaker linked to an item titled “Oura Postpones Initial Public Offering [press release]” in its coverage. Dealbreaker also linked to “Oura Delays IPO Given Wall Street Jitters [WWD]” in the same report. Dealbreaker noted that readers can sign up for Finance Docket, which it described as a partnership between Breaking Media publications Above the Law and Dealbreaker, for more of the latest in litigation, regulation, deals, and financial services trends.
