Corporate ActionApr 28, 2026, 04:11 PM
OUST to Vote on Doubling Authorized Shares to 200M, Officer Exculpation
AI Summary
Ouster, Inc. will hold its 2026 Annual Meeting of Stockholders virtually on June 17, 2026. Key proposals include the election of two Class II Directors, ratification of PricewaterhouseCoopers LLP as the independent auditor, and an advisory vote on executive compensation. The company also seeks approval to increase its authorized common stock from 100 million to 200 million shares and to amend its Certificate of Incorporation to provide for officer exculpation from breaches of fiduciary duty.
Key Highlights
- Annual Meeting of Stockholders scheduled for June 17, 2026, held virtually.
- Proposes to increase authorized common stock from 100,000,000 to 200,000,000 shares.
- Seeks approval for officer exculpation from breaches of fiduciary duty.
- Phillip M. Eyler and Angus Pacala nominated as Class II Directors.
- Ratification of PricewaterhouseCoopers LLP as 2026 independent auditor.
- Advisory vote on named executive officer compensation.
- Record date for voting is April 24, 2026.
- 63,672,949 shares outstanding and entitled to vote on record date.
Price Impact
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