#Oura
7 stories · 7 issues · daily Oura news timeline
#Oura timeline · newest first
Sun, Oct 4
Smart ring maker Oura postpones its $2.2 billion IPO and chooses to wait despite orders four times the shares on offer
Pulling a deal that was four times oversubscribed shows the obstacle to an IPO is not whether buyers exist, but at what price and who gets to cash out first.
Tue, Sep 22
Oura seeks to sell 50 million shares at $40–$44, for an offering of as much as $2.2 billion
Revenue growth may support a high range, but investors first need to separate money raised for Oura from money paid to selling holders.
Wed, Sep 9
Robinhood takes its first IPO underwriting role in smart-ring maker Oura's listing
Whether Robinhood can turn its retail scale into influence over issuance depends on actual allocations, not simply its name on the underwriting list.
Tue, Sep 8
Robinhood wins its first IPO underwriting role in Oura's offering, potentially expanding its influence over retail allocations
Robinhood is taking its retail distribution capabilities into issuance; the shares it can allocate will matter more than its name on an underwriter list.
Sat, Sep 5
Oura files for a US IPO: $1.21B in nine-month revenue, $924M net loss
Revenue up 74% and losses up fivefold — Oura's prospectus has to explain where the loss came from before it can explain where growth is going.
Fri, Sep 4
Oura files for a US IPO: $1.21B in nine-month revenue, net loss widening to $924M
Revenue up 74% and losses up fivefold — the page worth reading in Oura's prospectus is not the growth curve but the loss breakdown.
Tue, Aug 25
Smart-ring maker Oura plans U.S. IPO to raise up to $3 billion at a valuation exceeding $16 billion
Existing shareholders choosing to sell at this level is itself a verdict on the $16 billion figure.