Oura, the company behind one of the most popular health-tracking smart rings, is seeking to raise as much as $2.2 billion in a U.S. initial public offering alongside some of its biggest investors, setting up another major technology listing in a blockbuster year for IPOs.
The company plans to market 50 million shares at between $40 and $44 apiece, according to an amended registration statement filed Monday with the U.S. Securities and Exchange Commission. Oura itself is offering 13.5 million shares, while existing shareholders are selling another 36.5 million.
