The story so far
written Oct 6What is happening
Oura Health Inc. is seeking to raise up to $2.2 billion in an initial public offering that would value the healthcare technology firm at approximately $15 billion [3][8]. The company postponed its listing on September 29, 2026, one day before shares were scheduled to begin trading on the Nasdaq [3][4]. Executives cited uncertainty in the IPO market for the delay despite reporting strong investor demand [4][6].
The company reported 5.7 million paying members and expects 2026 revenue to increase 90% over the $907.9 million recorded in 2025 [4]. A chief executive stated the firm will continue to execute on current opportunities while choosing a new moment to go public [4]. The company has not disclosed a revised listing date [3].
What to watch
A revised S-1 registration statement filed with the SEC would provide updated financial terms for the offering. A subsequent announcement from the Nasdaq or NYSE would confirm the exchange listing decision for Oura shares.
Public notification of IPO pricing and share allocation would precede the start of trading. The closing of the IPO and the commencement of public trading would settle the transition to a public company.
Read the full brief · how we got here
How we got here
Oura filed a Form S-1/A with the SEC on September 21, 2026, proposing to offer 50 million to 55 million shares [3][4][9]. The indicative price range for the offering was set at $40 to $44 per share [4][9]. This followed a confidential submission of a draft registration statement earlier in the year [11][14].
References · 7
- [3]health.chosun.com — ‘Smart Ring’ Oura Abruptly Postpones Nasdaq Listing One Day Before - Health Chosun
- [4]techcrunch.com — Oura shelves its $2.2B IPO, citing 'uncertainty' in the market | TechCrunch
- [6]endpoints.news — Oura just pulled its IPO
- [8]bbc.com — Oura pulls $15bn stock market listing days after announcement
- [9]sec.gov — S-1/A
- [11]finance.yahoo.com — ŌURA Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering
- [14]businesswire.com — ŌURA Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering
What would close this
0 of 4 metTimeline
newest firstWhen we started following: Oura Health postpones Nasdaq listing indefinitely citing market uncertainty
Oura Health Inc. postponed its initial public offering on September 29, 2026, one day before the company was scheduled to begin trading on the Nasdaq [3][4]. The company cited "uncertainty in the IPO market" for the delay despite reporting strong investor demand [4][6]. Oura had filed a Form S-1/A with the SEC on September 21, 2026, proposing to offer 50 million to 55 million shares at an indicative price range of $40 to $44 per share [3][4][9]. The offering was intended to raise up to $2.2 billion, valuing the healthcare technology firm at approximately $15 billion [3][8].
CEO Tom Hale stated the company has the "luxury of choosing our moment" to go public and will continue to execute on current opportunities [4]. Oura reported 5.7 million paying members and expects 2026 revenue to increase 90% over the $907.9 million recorded the previous year [4]. The company has not disclosed a new listing date [3].