secwatch.observer — SEC 8-K summary
======================================

Issuer:     Velodyne Lidar, Inc. (—)
CIK:        0001745317
Form:       8-K
Filed at:   2023-02-13T23:59:59+00:00
Accession:  0001193125-23-033024
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.95
Item codes: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Velodyne Lidar completes merger with Ouster, becomes wholly owned subsidiary
----------------------------------------------------------------------------

- On Feb 10, 2023, Velodyne merged with Ouster; each share converted into 0.8204 Ouster shares.
- Velodyne board and executive officers resigned; company ceased as separate entity.
- Common stock (VLDR) and warrants (VLDRW) delisted from Nasdaq; Form 15 to suspend reporting.
- Ouster and Velodyne equityholders each own ~50% of combined fully diluted shares.
- Outstanding Velodyne options, RSUs, and warrants assumed by Ouster under same terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1745317/000119312523033024/0001193125-23-033024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1745317/000119312523033024/d443276d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-033024

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