Corporate ActionJul 6, 2026, 04:02 PM
Ouster Completes Stock Offering, Raises $191.9M Net
AI Summary
Ouster, Inc. announced the completion of its public offering of common stock. The company sold 3,621,876 shares at a price of $55.22 per share, generating net proceeds of approximately $191.9 million after deducting underwriting discounts and commissions. The underwriter also has a 30-day option to purchase up to an additional 543,281 shares to cover over-allotments.
Key Highlights
- Ouster completed the sale of 3,621,876 shares of common stock.
- The offering price to the public was $55.22 per share.
- The company received net proceeds of approximately $191.9 million.
- Underwriter has a 30-day option to purchase up to an additional 543,281 shares.
- Company and executives agreed to a 60-day lock-up period on common stock.
Price Impact
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