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    "headline": "Smart Ring Maker Oura Files for US IPO Amid Growing Losses",
    "dek": "Smart ring company Oura filed for a US IPO on Nasdaq, reporting $924.3M net loss for the first nine months of the year.",
    "prose": "According to the prospectus submitted to the US Securities and Exchange Commission (SEC), Oura reported a net loss of $924.3 million for the nine-month period ending in June. [^1]\n\nSmart ring company Oura filed an application to list on the Nasdaq stock exchange in the United States. [^2]\n\nOura, the company behind the Oura Ring, filed its S-1 registration statement on Thursday to advance toward an initial public offering. [^3]\n\nThe S-1 filing stated that Oura generated $1.4 billion in revenue and $59 million in net income during the one-year period ending in June. [^4]\n\nOura, the maker of sensor-equipped smart rings, filed for a US initial public offering on the Nasdaq exchange under the ticker OURA. [^5]\n\nThe smartwatch company Oura is litigating with its former CEO, Harpreet Singh Rai, and early-stage American investors over stock options in the United States. [^6]\n\nOura reported that revenue grew 74% year-over-year when comparing the first three quarters of fiscal year 2026 to the same period in 2025. [^7]\n\nThe company stated in the filing that it has a history of operating losses and has only recently achieved profitability. [^8]\n\nAccording to Oura's S-1 filing, the company shipped 3.1 million smart rings in the nine months ended June 30, 2026, up from 1.8 million rings in the prior-year period. [^9]\n\nBloomberg reported that Oura's upcoming IPO could value the company above $16 billion. [^10]\n\nOura's S-1 filing reported revenue of $1.21 billion for the nine months ended June 30, 2026, a 74% increase compared with the same period a year earlier. [^11]",
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