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# Oura postpones its $2.2bn IPO, citing market uncertainty

**[The Next Web](https://daily.dev/sources/tnw)** · 2 min read · 0 upvotes · 0 comments

## Summary

Oura has postponed its Nasdaq IPO a week after launching the offering, citing uncertainty in the IPO market, despite what it describes as strong demand. The smart ring maker had planned to sell 50 million shares at $40-$44 each to raise up to $2.2bn. CEO Tom Hale said the company has the luxury of choosing its moment and gave no new date. Oura says it is profitable, has 5.7 million paid members after launching the Oura Ring 5, and expects 90% revenue growth for its 2026 financial year. A source told Semafor the shares looked set to price at the low end of the range, which drove the delay. Renaissance Capital data shows seven IPO postponements or withdrawals in Q3, up from four in Q2, with four companies pulling back in a single week including Oura. Analysts cited AI spending worries, 19-year-high bond yields, renewed rate rises, and investor losses on narrow consumer products like Peloton, GoPro and Fitbit as broader causes.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/oura-ipo-postponed-market-uncertainty>

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