Smart ring maker Oura filed for a US IPO and plans to list on Nasdaq under the ticker OURA. Revenue jumped 74% to $1.21 billion over the first nine months of the fiscal year. The company shipped 3.1 million rings, up from 1.8 million a year earlier, while paid subscriptions doubled to 5 million members. Net income reached $60.8 million, though the company reported a $924.3 million loss due to a $1.09 billion buyback of preferred stock from early backers. Bloomberg reported the listing could raise up to $3 billion and value Oura above $16 billion.
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