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By Colin KellaherSmart-ring maker Oura is postponing its planned initial public offering.Oura, which was looking to raise more than $500 million, on Tuesday said it saw strong demand for its shares, but that it is shelving the offering due to uncertainty in the IPO market.Oura earlier this month un…
Oura Postpones Initial Public Offering
Oura said it is postponing its previously announced Nasdaq initial public offering despite strong demand, citing uncertainty in the IPO market. The company said its registration statement on Form S-1 has been filed with the U.S. SEC but not yet declared effective.