Oura Halts Plans to Go Public Amid Market Uncertainty

Smart ring maker Oura has paused plans to go public, citing uncertain market conditions. The company’s initial public offering (IPO) had been slated for this week but has now been postponed “despite strong demand,” Oura announced Tuesday (Sept. “Our mission is to empower people to live healthier, longer, and an IPO is just one step in our journey,” Oura CEO Tom Hale said in a news release.