Oura seeks to raise up to $2.2 billion in Nasdaq IPO

Finnish smart ring maker Oura has launched its initial public offering on Nasdaq, marketing 50 million shares priced between $40 and $44. The IPO seeks to raise up to $2.2 billion, with 73% of the proceeds designated for existing shareholders. Additionally, Coinbase has expanded its financial platform by launching IPO access for US retail investors, selecting Oura as the first available offering. This move by Coinbase intensifies competition within the retail investing sector for US customers.