Oura Health Oy filed confidentially for a US initial public offering and plans to go public later this year, Bloomberg reported Thursday, citing a person familiar with the matter.
The maker of smart rings that track health, fitness and sleep is working with Goldman Sachs (GS), Morgan Stanley (MS), JPMorgan Chase (JPM), Allen & Co. and Jefferies Financial (JEF) on the IPO, the person told the media outlet.
Oura Health did not immediately respond to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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