The smart ring maker blamed uncertainty in the IPO market for its decision, joining several other companies that have shelved plans to go public amid rising bond yields and interest rates. CEO Tom Hale said, “We have the luxury of choosing our moment,” in a press release. While multiple reports suggested that the offering was oversubscribed, investors were not necessarily ready to pay Oura’s lofty offer price, which was floated at $40 - $44 per share in its S-1. That would have valued the company at over $15 billion at the ... Log in to view full article.