other material
confidence high
sentiment neutral
materiality 0.75
Ouster raises ~$191.9M in common stock offering at $55.22/share
Ouster, Inc.
- Sold 3,621,876 shares at $55.22 per share; net proceeds ~$191.9M after underwriting discounts.
- Underwriter granted 30-day over-allotment option for up to 543,281 additional shares.
- Lock-up agreements restrict sales by directors, officers, and company for 60 days.
- Offering made under shelf registration; Northland Securities acted as sole underwriter.