Oura
Smart ring maker Oura postpones public listing due to 'uncertainty in the IPO market'
· Reported by Fierce Healthcare
The digital health IPO window may be closing, at least for now. Smart ring maker and health tracking company Oura is postponing its previously announced initial public offering on Nasdaq due to "uncertainty in the IPO market," the company announced Tuesday morning. The company said in a press release that it is "profitable, growing meaningfully, and the business has further strengthened since beginning the IPO process." The Oura Ring 5 launched in May, and the company says consumer response has been "exceptionally strong."