Oura Inc.

FWP supplemental

FWP supplemental

Range $40.00 to $44.00 · 50,000,000 shares

S-1/A amended

Range $40.00 to $44.00 · 50,000,000 shares · Gross proceeds $2,100,000,000

Oura Inc. has updated its IPO filing (S-1/A) to reflect an expected fiscal 2026 ending with approximately 5.7 million Paid Members, a 96% year-over-year growth driven by strong Oura Ring 5 sales. The offering includes 50 million shares of common stock (13.5M offered by Oura, 36.5M by existing shareholders) with an expected price range of $40-$44 per share. Goldman Sachs, Morgan Stanley, and others serve as underwriters. The filing also details risks related to regulatory compliance, litigation, tax laws, and stock price volatility.

S-1 filed

Oura Inc. is conducting an IPO with a focus on risks related to stock market volatility, significant dilution for existing shareholders, and potential legal and regulatory challenges. The filing highlights concerns over large-scale stock sales by existing shareholders, lock-up agreements restricting sales, and the impact of RSU settlements on tax obligations. The company also emphasizes the volatility of its stock price and the risks associated with market conditions, product performance, and legal actions.

DRS/A amended

Oura Inc.'s DRS/A filing highlights risks related to stock price volatility due to potential large-scale sales by existing shareholders, including directors and executive officers. The offering includes lock-up agreements restricting share sales for a specified period, with potential post-lock-up sales impacting stock price. Risks include compliance with FCPA and anti-corruption laws, which could lead to sanctions. The company also notes tax liabilities from RSU settlements and the impact of future equity issuances on dilution. Legal changes include Delaware courts as the exclusive forum for shareholder disputes.

DRS/A amended

The current DRS/A filing for Oura Inc. provides detailed financial statements, including notes on recently adopted and issued accounting standards, revenue disaggregation, property and equipment, balance sheet components, goodwill, intangible assets, and income tax provisions. Key financial highlights include revenue of $907.9 million in 2025, deferred revenue of $86.5 million, and significant intangible assets related to acquisitions. The filing also outlines the impact of new accounting standards on financial disclosures and future amortization estimates.

DRS/A amended

Oura Inc. filed a DRS/A for its IPO, detailing risks related to stock sales, lock-up agreements, and potential dilution. The filing highlights concerns over market volatility, regulatory compliance, and the impact of large shareholder sales on stock price. It also outlines the use of proceeds, tax obligations from RSU settlements, and legal forum selection in its amended charter.

CONFIDENTIAL-S1 filed

Oura disclosed a completed confidential S-1 submission on May 21, 2026. Available coverage does not yet provide ticker, exchange, valuation, or underwriting details.

CONFIDENTIAL-S1 filed

Oura publicly confirmed a confidential draft S-1 submission on 2026-05-21 and later coverage pointed to a later-2026 IPO path, but no exchange, ticker, roadshow, pricing, or public filing date was reported in the sources used here.

DRS filed

Oura Inc. is preparing for its initial public offering (IPO) with a registration statement (DRS) outlining risks related to stock sales, lock-up agreements, and potential dilution. The filing highlights risks of stock price volatility, large-scale share sales by insiders, and the impact of RSU settlements and tax obligations. It also addresses legal forum restrictions and the potential for market fluctuations affecting the stock price.