Tech Brew Ride Home · Tuesday, September 29, 2026
Ora, a company developing a smart ring for health and sleep tracking, has delayed its Nasdaq IPO, which was planned for September 21st. Despite strong demand and business growth, the company cited market uncertainty, including data development concerns, rising energy costs, global trade tensions, and inflation fears as reasons for the postponement. Ora stated it has the luxury of choosing its moment and is profitable with projected 90% year-over-year revenue growth for FY2026.
“And Anthropic is delaying its Nasdaq IPO due to uncertainty in the market, quoting CNBC.”
“The delay comes despite strong demand and a strengthening of the business since the start of the IPO process. The company, which makes a smart ring that tracks where is health and sleep, formerly launched its IPO plans just last week on September 21st.”
“Our mission is to empower people to live healthier, longer and an IPO is just one step in our journey, said CEO Tom Hale on Tuesday. We aim to deliver an extraordinary IPO for our employees and investors and we have the luxury of choosing our moment.”