Oura targets $15.62 billion valuation in US IPO, setting stage for fall listings

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Oura is preparing for a US IPO scheduled for this fall, targeting a total valuation of $15.62 billion. The smart-ring manufacturer has set terms to sell up to 50 million shares, with a projected price range between $40 and $44 per share. This strategic move positions the company for a significant public listing, as reported by Reuters, marking a major financial milestone for the wearable technology brand as it enters the public equity market.