Oura IPO Oversubscribed Fourfold; Binance and Coinbase Offer Exposure
Smart ring manufacturer Oura has seen demand for its IPO reach four times the available shares, with a target price range of $40 to $44 per share. The company plans to issue 50 million shares, with pricing expected on September 29, followed by a Nasdaq listing under the ticker OURA at a valuation of up to $14.1 billion. Binance has launched OURAUSDT pre-IPO perpetual futures, and Coinbase has opened channels for IPO share subscriptions.
Summaries are written by AI from the original article. Not investment advice.