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Oura Ring

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Oura’s $2.2 Billion IPO Allows Existing Shareholders to Capture Most of the Proceeds

Oura’s $2.2 Billion IPO Allows Existing Shareholders to Capture Most of the Proceeds

Oura plans to offer 50 million shares at $40 to $44, but roughly two-thirds of the shares will come from existing shareholders, led by Forerunner Ventures. The company will use most of its net proceeds to settle tax obligations related to employee equity grants, rather than fund new expansion.

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Oura Seeks to Raise $2.2 Billion Through IPO Amid Expansion of Smart Rings in Digital Health

Oura Seeks to Raise $2.2 Billion Through IPO Amid Expansion of Smart Rings in Digital Health

Oura filed for an initial public offering that could be worth up to $2.2 billion, offering 50 million shares at an estimated price of between $40 and $44 per share. The offering comes as the company expands its health features, while facing regulatory questions and a proposed lawsuit concerning the accuracy of sleep tracking.

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Thatch Healthcare Platform Raises $108 Million at a $1 Billion Valuation

Thatch Healthcare Platform Raises $108 Million at a $1 Billion Valuation

Thatch raised $108 million in new funding at a $1 billion valuation, benefiting from rising healthcare costs and growing interest in a model that allows employees to choose their own individual insurance plans.