{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-033015","form_type":"8-K","ticker":"OUST","cik":"0001816581","company_name":"Ouster, Inc.","filed_at":"2023-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.727343+00:00","generated_at":"2026-06-19T16:29:40.828916+00:00","sec_items":["1.01","2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Ouster closes Velodyne merger; each VLDR share gets 0.8204 OUST shares; combined cos roughly equal ownership","bullets":["Velodyne stockholders own ~50% of pro forma Ouster; exchange ratio 0.8204 OUST per VLDR share.","Combined pro forma revenue: $57.4M (9mo 2022) and $95.5M (FY 2021); net losses of $234.3M and $338.2M.","Pro forma diluted EPS loss: $0.63 (9mo 2022) and $1.03 (FY 2021).","Ouster amends Hercules credit facility to increase debt baskets for purchase money debt, letters of credit, and equipment relocation.","Velodyne common stock and warrants delisted from Nasdaq; Ouster will cease Velodyne's SEC reporting."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-033015","json":"https://secwatch.observer/filing/0001193125-23-033015.json","markdown":"https://secwatch.observer/filing/0001193125-23-033015.md","text":"https://secwatch.observer/filing/0001193125-23-033015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1816581/000119312523033015/0001193125-23-033015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1816581/000119312523033015/d452755d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T16:29:40.828916+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"883ad498994f263cac1650acbd2f508bb499711a","claim":"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).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1816581/000119312523033015/0001193125-23-033015-index.htm","confidence":0.99,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Velodyne Lidar, Inc."},{"label":"Consideration","value":"0.8204 shares of Ouster common stock per share of Velodyne common stock, with cash in lieu of fractional shares"},{"label":"Closing","value":"2023-02-10"}],"fact_type":"ma_transaction"},{"claim_id":"59b820def8e1548b6f17521d5affaf4102327976","claim":"Ouster, Inc. amended Third Amendment to Loan and Security Agreement with Hercules Capital, Inc. (effective 2023-02-10).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1816581/000119312523033015/0001193125-23-033015-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Hercules Capital, Inc."},{"label":"Effective","value":"2023-02-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}