Oura Hits Pause On IPO While Anthropic’s Prospectus Reveals The Cost Of Its AI Ambitions
Although Oura has postponed its planned offering that could have raised as much as $2.2 billion, Anthropic is still making a move toward the public markets along with AI cloud provider Nscale and other companies lining up potential fourth-quarter listings.
Via Crunchbase News
Smart ring maker Oura was supposed to price its initial public offering on Tuesday. Instead, the company announced it is postponing the IPO, citing “market uncertainty.”
Meanwhile, on Monday, Reuters reported details from AI giant Anthropic’s IPO prospectus, giving potential investors a peek into its financials.
Oura had planned to offer 50 million shares at $40 to $44 apiece and was expected to begin trading Wednesday. At the top of that range, the offering would have raised $2.2 billion. The…
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