MEXC Launches OURA IPO Express with $10M Subscription Quota, tell me about this news in (https://www.manilatimes.net/2026/09/25/tmt-newswire/globenewswire/mexc-launches-oura-ipo-express-with-10m-subscription-quota/2432905)

Here is a summary of the article published by The Manila Times via GlobeNewswire on September 25, 2026:

MEXC Launches OURA IPO Express with $10M Subscription Quota

• Product Overview: MEXC has launched its “OURA IPO Express,” a service that allows eligible users to subscribe using USDT to gain economic exposure linked to the post-listing market performance of smart ring maker OURA, rather than purchasing or holding direct shares. Subscribers receive “mirror credits” according to the event rules.

• About OURA: OURA, best known for the health-tracking Oura Ring, was founded in Finland in 2013 and is headquartered in San Francisco. According to its IPO filing, it reported roughly 5 million paid members across 56 markets as of June 30, 2026, and is preparing to list on Nasdaq.

• Quota and Subscription Structure: The event features a total subscription pool of $10 million, running from September 25, 2026 (10:00 UTC) until OURA’s IPO concludes. The quota is distributed across three categories:

  • New User Subscription: $2,500,000 quota for new platform users.

  • General Subscription: $5,000,000 quota for all eligible users.

  • Elite Subscription: $2,500,000 quota for Elite VVIP users with an M-Score of 800 or higher.

• Pricing and Limits: Individual subscription limits are set between 100 USDT and 100,000 USDT (with the ability to increase up to 200,000 USDT via Futures trading tasks). The estimated subscription price range is $40 to $44, subject to final event terms.

• Risk and Disclaimers: MEXC notes that participating via mirror credits does not grant direct stock ownership, subscriptions do not guarantee equal final allocations, and final settlements depend on OURA’s actual market performance post-listing, meaning returns could be lower than the initial subscription value.