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Oura postponed its initial public offering, which could have raised $2.2 billion despite strong demand, while Anthropic’s offering documents reveal rapid revenue growth alongside an operating deficit of $8.06 billion and massive future infrastructure commitments. This comes amid a race among artificial intelligence companies and cloud providers to go public in 2026.
Oura suspended its initial public offering, which could have raised up to $2.2 billion, despite growth in its paid membership and projected revenue. The decision delays plans by the company and certain shareholders to benefit from the offering’s proceeds or sell their stakes.
Oura, a company specializing in smart rings, has begun the process of offering its shares on Nasdaq under the ticker OURA, offering 50 million shares at a price ranging from $40 to $44. Existing shareholders will account for 73% of the shares offered, while the company expects subscription revenue to reach $240.5 million during the nine-month period ended in June.
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.
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.