Ouster extends SF HQ lease to 2034; initial rent reduced to $50/sq ft

Ouster, Inc.

Lease extended 84 months to August 31, 2034; base rent initially $108,854/month ($50/sq ft) from Jan 2026, escalating to $137,893/month by 2034.
Rent abatement of $54,427/month for Jan–Aug 2026 (total $435,417); abated rent becomes due if default terminates lease.
Letter of credit reduced from $547,963 to $300,000; expiration extended to November 30, 2034.
Tenant retains one five-year extension option after 2034; no further rent reductions or purchase rights for building.
Tenant may perform improvements with allowance per Exhibit A; premises accepted 'as is'.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Ouster, Inc. amended Fourth Amendment with SIC-350 Treat, LLC valued at $50.00 per rental square foot (effective 2025-12-17).

Action: amendment
Agreement: lease
Counterparty: SIC-350 Treat, LLC
Value: $50.00 per rental square foot
Effective: 2025-12-17

Exact text from the filing

On December 17, 2025, Ouster, Inc. (the “Company”) entered into the fourth amendment (the “Fourth Amendment”) to the NNN Lease Agreement with SIC-350 Treat, LLC, as amended, for its headquarters in San Francisco, California (the “NNN Lease”).

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Ouster, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-326944

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