Overview
- Oura launched its U.S. roadshow on Monday and set a $40 to $44 price range for 50 million shares, targeting a roughly $15.62 billion fully diluted valuation.
- Of the 50 million shares, 13.5 million are new shares for the company and 36.5 million are secondary sales, meaning most proceeds will go to existing investors rather than Oura.
- The company reported rapid revenue growth to about $1.21 billion for the nine months ended June 30 and roughly 5 million paid members, but also posted a large net loss driven in part by preferred‑stock accounting items.
- Coinbase began offering eligible U.S. retail customers the ability to request IPO allocations through Coinbase Capital Markets, with orders routed and settled via Apex Clearing and fills that can be full, partial, or none at all.
- The offering will be watched as an early test of retail demand for consumer health hardware-plus‑subscription businesses and of Coinbase’s plan to broaden retail access to primary markets, a development that helped lift COIN shares on the day of the launch.