Oura kicks off roadshow targeting $15.62 billion valuation
2 Sep 21 9:31 AM · 5d ago · 1 article · 1 source · development 2 of 3
Oura and some existing investors plan to sell 50 million shares at $40–$44 each, raising up to $2.2 billion, as the company seeks a fully diluted valuation of $15.62 billion, up from about $11 billion in a late-stage funding round last year.
“Oura is the first real test of US appetite after a sluggish September so far and a period of more volatile markets. If it comes strongly out the gate it will encourage other issuers.”
Samuel Kerr, MergermarketOura Smart ring maker going publicSamuel Kerr Global head of equity capital markets, MergermarketEli Lilly Prospective cornerstone investorDragoneer Investment firm and prospective investor
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first by Yahoo Finance, 5d ago · also Reuters
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