Oura shelves its $2.2B IPO citing ‘uncertainty’ in the market
In Brief
7:56 AM PDT · September 29, 2026
Smart ring maker Oura has postponed its up to $2.2 billion IPO indefinitely, citing “uncertainty in the IPO market.”
The company, which had filed to offer 55 million shares at a range of $40 to $44 each in the IPO, did not provide additional details. The IPO would have valued Oura at up to $15 billion at the mid-point of that range.
“Our mission is to empower people to live healthier, longer, and an IPO is just one step in our journey. We aim to deliver an extraordinary IPO for our employees and investors and we have the luxury of choosing our moment. In the meantime, we will execute against the opportunities ahead,” the company’s CEO Tom Hale said in a statement.
Indeed, Oura seems to be doing well. The company said that its latest product, the Oura Ring 5,...
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