Oura IPO roughly 4x oversubscribed: 50M shares at $40–44 to raise ~$2.2B

Oura's IPO is roughly four times oversubscribed, according to sources. The health and fitness ring-maker and selling shareholders are offering 50 million shares at $40 to $44 each to raise about $2.2 billion.

• Oura IPO is roughly four times oversubscribed
• 50M shares offered at $40 to $44 each
• The offering aims to raise about $2.2 billion