# Smart ring maker Oura, shareholders look to raise up to $2.2 billion in US IPO — retained record

> Retained news record from news:india-et-markets.

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source: [news](https://highsignal.app/data/news) (news:india-et-markets)  published 2026-09-21 15:44 ingested 2026-09-22 02:54

[original source ↗](https://economictimes.indiatimes.com/markets/us-stocks/news/smart-ring-maker-oura-shareholders-look-to-raise-up-to-2-2-billion-in-us-ipo/articleshow/134393012.cms)

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Weight-loss drugmaker Eli Lilly has indicated interest in purchasing up to $100 million of shares in the offering, while investment firm Dragoneer has indicated interest in buying up to $300 million worth of shares, the company said.
Oura and some its existing investors are looking to sell 50 million shares in the offering, priced between $40 and $44, a regulatory filing showed.
The company makes a smart ring that tracks key health indicators such as heart rate, sleep stages and physical activity.
Goldman Sachs, Morgan Stanley, and J.P. Morgan are the lead underwriters of the IPO.
After the deal closes, Oura will list on the Nasdaq under the ticker symbol "OURA."
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