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Smart Ring Maker Oura’s IPO Is About Four Times Oversubscribed

Source: Bloomberg

IPOs & SPACsHealthcare & BiotechConsumer Demand & RetailInvestor Sentiment & Positioning

Oura Inc.'s IPO, which could raise up to $2.2 billion, has attracted demand of roughly four times the shares available, according to people familiar with the matter. The strong oversubscription signals robust investor appetite for the health-and-fitness wearable maker and could support a favorable pricing outcome.

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