POPA Recon🔹Oura postpones IPO due to market uncertainty» Smartring maker Oura postpones existing IPO plans due to uncertainty in the IPO market…
🔹Oura postpones IPO due to market uncertainty» Smartring maker Oura postpones existing IPO plans due to uncertainty in the IPO market despite strong investor demand » Oura promoted its NASDAQ listing this month and aimed for an enterprise value that greatly exceeded the $11 billion recognized at the time of attracting investment last year » Sales increased 74% year-over-year to $1.21 billion in the nine months to the end of June; net income increased year-over-yearExpanding from $1.6 million to $60.8 million, with a surplus conversion » The valuation burden and investment psychology uncerta…
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