IPO Newsroom(@IPONewsroom_):OURA TARGETS UP TO $14.1B VALUATION IN IPO; 73% OF OFFERING FROM EXISTING HOLDERS Oura plans to offer 50M shares at $40-$44, putting the smart-ring maker at a valuation of about $14.1B at the top of the range. The deal could raise up to $2.2B in total, but most of it is secondary: Oura is selling 13.5M shares, while existing holders are selling 36.5M. The 7.5M-share greenshoe is also entirely from selling stockholders. At $44, Oura itself would raise about $594M before fees. Eli Lilly has indicated interest in buying up to $100M of shares, while Dragoneer-affiliated funds may buy up to $300M. Oura plans to list on Nasdaq under $OURA.

2026.09.22 08:47

OURA TARGETS UP TO $14.1B VALUATION IN IPO; 73% OF OFFERING FROM EXISTING HOLDERS Oura plans to offer 50M shares at $40-$44, putting the smart-ring maker at a valuation of about $14.1B at the top of the range. The deal could raise up to $2.2B in total, but most of it is secondary: Oura is selling 13.5M shares, while existing holders are selling 36.5M. The 7.5M-share greenshoe is also entirely from selling stockholders. At $44, Oura itself would raise about $594M before fees. Eli Lilly has indicated interest in buying up to $100M of shares, while Dragoneer-affiliated funds may buy up to $300M. Oura plans to list on Nasdaq under $OURA.