Oura postpones IPO plans amid market uncertainty
- 1Oura CEO Tom Hale postponed IPO plans on September 29.
- 2Existing shareholders will sell 73% of the proposed 50 million shares.
- 3Kat Siu said this suggests the IPO is not for growth.
So what's the key point?
Oura has delayed its plan to sell shares publicly. It intends to sell 73% of the proposed 50 million shares held by existing shareholders.
Source Fortune · View original ↗
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