Oura CEO Tom Hale pulls $2.2 billion IPO despite strong demand

Billionaires Africa | 29.09.2026 22:33
Oura Inc. chief executive officer Tom Hale has pulled the smart-ring maker's $2.2 billion Nasdaq listing days before it was due to price, putting a $1.2 billion payday for its biggest venture backer on hold even though investors had ordered about four times the shares on offer.