Report
Oura delays planned Nasdaq IPO, citing market uncertainty
CNBC reports that Oura is delaying its public listing despite what the company called “strong demand” and a stronger business since it began the IPO process.
TLDR
Oura said it would delay its planned Nasdaq listing because of uncertainty in the IPO market, CNBC reports. Bloomberg reports that Oura and its shareholders had sought to raise as much as $2.2 billion, and the offering was about four times oversubscribed.
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