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Oura Files for Nasdaq IPO, Naming JPMorgan and Goldman as Lead Underwriters

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Smart-ring maker Oura publicly filed for a Nasdaq IPO targeting a valuation above $11 billion.
  • JPMorgan, Goldman Sachs, and Morgan Stanley are lead bookrunners.
  • The profitable wearable tech company generated $1.21 billion in nine-month revenue, providing a modest boost to Wall Street investment banking fee pipelines.
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352.49 +16.21% over the displayed period

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