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Oura’s $2.2B IPO is mostly a payday for existing shareholders

TechCrunchSeptember 21, 20263 min read

Forerunner Ventures plans to sell its entire stake in Oura for as much as $1.26 billion, according to Oura's latest IPO filing.

Smart ring maker Oura is looking to raise as much as $2.2 billion in its upcoming IPO, but it looks like its current investors will be the ones making money in the process. According to the company’s updated IPO filing, Oura and its shareholders are together offering 50 million shares at a price range of…

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