secwatch.observer — SEC 8-K summary
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Issuer:     Ouster, Inc. (OUST)
CIK:        0001816581
Form:       8-K
Filed at:   2023-01-27T23:59:59+00:00
Accession:  0001193125-23-016891
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Ouster stockholders approve share issuance for Velodyne merger and reverse stock split
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- Common Stock Issuance Proposal passed: 115,432,238 for, 384,741 against, 344,812 abstentions.
- Reverse Stock Split Proposal approved: 143,755,932 for; ratio between 1:5 and 1:10, board to choose.
- Adjournment Proposal approved but not needed; all votes met quorum of 80% (148,265,791 shares).
- Merger with Velodyne Lidar moves forward; closing remains subject to other conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816581/000119312523016891/0001193125-23-016891-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816581/000119312523016891/d441267d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-016891

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer