Find XO: Oura IPO Delay, 7 Year Deadline on Employee Stock Compensation (techcrunch.com)
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- On the September 29, just eight days after Oura announced its IPO terms, the company indefinitely postponed its IPO citing uncertainty in the IPO market.
- While the company can afford to wait holding approximately $3 billion and $7,200 million in cash as of the end of June, employees who have fulfilled their service period but have yet to receive their shares face a different situation.
- The RSUs come with a 7 year deadline.
- When designing listing-linked RSUs, the first question is who truly has the luxury of choosing the timing.