secwatch.observer — SEC 8-K summary
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Issuer:     Ouster, Inc. (OUST)
CIK:        0001816581
Form:       8-K
Filed at:   2023-04-17T23:59:59+00:00
Accession:  0001193125-23-102791
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ouster receives NYSE noncompliance notice for low stock price; plans reverse split
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- Average closing price below $1.00 over 30 trading days; NYSE notice received April 12, 2023.
- Previously announced 1-for-10 reverse stock split expected to begin trading April 21, 2023.
- Six-month cure period to regain compliance by achieving $1.00 minimum closing price.
- Common stock continues to trade on NYSE during cure period subject to other listing standards.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816581/000119312523102791/0001193125-23-102791-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816581/000119312523102791/d492334d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-102791

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