secwatch / observer
8-K filed February 13, 2023, 6:59 PM ET ticker OUST CIK 0001816581
M&A confidence high sentiment neutral materiality 0.80

Ouster, Inc. (OUST): M&A transaction — Ouster closes Velodyne merger; each VLDR share gets 0.8204 OUST shares; combined cos roughly equal ownership

Ouster, Inc.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.99

Ouster, Inc. completed an acquisition involving Velodyne Lidar, Inc. for 0.8204 shares of Ouster common stock per share of Velodyne common stock, with cash in lieu of fractional shares (closed 2023-02-10).

Action
acquisition
Counterparty
Velodyne Lidar, Inc.
Consideration
0.8204 shares of Ouster common stock per share of Velodyne common stock, with cash in lieu of fractional shares
Closing
2023-02-10
Exact text from the filing
by Velodyne, Ouster, Merger Sub I or Merger Sub II or any wholly owned subsidiary of Velodyne, Ouster, Merger Sub I or Merger Sub II) was converted into the right to receive 0.8204 (the “ Exchange Ratio ”) validly issued, fully paid and non-assessable shares of common stock, par value $0.0001 per share, of Ouster (the “ Ouster Common Stock ,” and such shares
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Ouster, Inc. amended Third Amendment to Loan and Security Agreement with Hercules Capital, Inc. (effective 2023-02-10).

Action
amendment
Agreement
credit facility
Counterparty
Hercules Capital, Inc.
Effective
2023-02-10
Exact text from the filing
On February 10, 2023, Ouster, Inc., a Delaware corporation (“ Ouster ” or the “ Company ”), entered into a Third Amendment to Loan and Security Agreement (the “ Amendment ”) with the lenders party thereto, Hercules Capital, Inc., a Maryland corporation, in its capacity as administrative agent and collateral agent for itself and the lenders (the “ Agent ”), and the guarantors party thereto
View on SEC.gov

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Ouster, Inc. filing history →

Source: SEC EDGAR
accession 0001193125-23-033015
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