Oura’s IPO seeks $2.2bn, and 73% of it goes to existing shareholders

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Oura spent the first nine months of its financial year buying its own shares back from its investors. On Monday it started selling them to everybody else. The Finnish smart ring maker launched its initial public offering before the New York open. It is marketing 50 million shares at $40 to $44 each. At the […]This story continues at The Next Web