{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-267220","form_type":"8-K","ticker":"OUST","cik":"0001816581","company_name":"Ouster, Inc.","filed_at":"2023-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.626062+00:00","generated_at":"2026-06-09T04:53:30.217372+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Ouster enters $45M revolving credit facility with UBS, borrows $44M to repay Hercules loan","bullets":["Borrowed $44M on Oct 25, 2023 under new $45M revolving credit line from UBS Bank USA.","Proceeds used to prepay and terminate existing term loan facility with Hercules Capital.","Interest rate: SOFR average + 0.110% + 1.20% for variable rate loans; fixed rates also available.","Must maintain $52M minimum liquidity in restricted cash; credit line matures Aug 2, 2025.","Management expects lower interest expense and more operational flexibility versus prior loan."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-267220","json":"https://secwatch.observer/filing/0001193125-23-267220.json","markdown":"https://secwatch.observer/filing/0001193125-23-267220.md","text":"https://secwatch.observer/filing/0001193125-23-267220.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1816581/000119312523267220/0001193125-23-267220-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1816581/000119312523267220/d565300d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T04:53:30.217372+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":"e9eb2a4639b44af94bf3c2487ec7f81569ed7fad","claim":"Ouster, Inc. incurred revolving credit of up to $45.0 million with UBS Bank USA at SOFR average plus 0.110% plus 1.20% for variable rate loans maturing August 2, 2025.","evidence_excerpt":"Inc. The facility under the Agreement matures and terminates on August 2, 2025 (the “ Maturity Date ”). The Agreement provides the Company with a revolving credit line of up to $45.0 million, subject to certain terms and conditions. The Company borrowed $44.0 million on the Closing Date, and all of the proceeds were used to prepay and terminate the Company’s term","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1816581/000119312523267220/0001193125-23-267220-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"up to $45.0 million"},{"label":"Counterparty","value":"UBS Bank USA"},{"label":"Rate","value":"SOFR average plus 0.110% plus 1.20% for variable rate loans"},{"label":"Maturity","value":"August 2, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}