other
confidence high
sentiment neutral
materiality 0.50
Ouster announces 1-for-10 reverse stock split effective April 20, 2023
Ouster, Inc.
- Board approved 1-for-10 reverse stock split; effective at 4:01 p.m. ET on April 20, 2023.
- Shares to trade split-adjusted from April 21 under same symbol OUST, new CUSIP 68989M 202.
- Every 10 existing shares convert to 1 share; fractional shares rounded up.
- Warrants adjusted: OUST.WS exercise price becomes $115.00; OUST.WSA becomes $140.20.