Ouster, Inc.: Amended Certificate of Incorporation to increase authorized common shares from 100,000,000 to 200,000,000 (effective 2026-06-17).
“the Company filed a Certificate of Amendment to its Certificate of Incorporation with the Secretary of State of the State of Delaware to effect the Authorized Shares Amendment, which became effective upon filing.”
Shareholder Votes
Ouster, Inc. shareholders rejected Amendment to Certificate of Incorporation to provide for exculpation of officers from breaches of fiduciary duty at the 2026-06-17 meeting.
“Item 5 - Approval of an amendment to the Company’s Certificate of Incorporation, as amended, to provide for exculpation of officers from breaches of fiduciary duty to the extent permitted by the General Corporation Law of the State of Delaware. Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 26,786,230 3,406,515 288,447 15,441,729”
Shareholder Votes
Ouster, Inc. shareholders approved Amendment to Certificate of Incorporation to increase authorized common stock from 100,000,000 to 200,000,000 at the 2026-06-17 meeting.
“Item 4 - Approval of an amendment to the Company’s Certificate of Incorporation, as amended, to increase the number of authorized shares of the Company’s common stock, par value $0.0001 per share, from 100,000,000 to 200,000,000. Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 41,616,898 4,013,345 292,678 0”
Shareholder Votes
Ouster, Inc. shareholders approved Advisory (non-binding) approval of the compensation of named executive officers at the 2026-06-17 meeting.
“Item 3 - Approval, on an advisory (non-binding) basis, of the compensation of the Company’s named executive officers. Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 24,030,941 6,027,161 423,090 15,441,729”
Shareholder Votes
Ouster, Inc. shareholders approved Ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-06-17 meeting.
“Item 2 - Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 45,381,535 332,328 209,058 0”
Shareholder Votes
Ouster, Inc. shareholders approved Election of two Class II directors to serve until the 2029 annual meeting at the 2026-06-17 meeting.
“Item 1 - Election of two Class II directors to serve until the Company’s 2029 annual meeting of stockholders and until their respective successors shall have been duly elected and qualified. NOMINEE Votes FOR Votes WITHHELD Broker Non-Votes Phillip M. Eyler 29,923,243 557,949 15,441,729 Angus Pacala 27,143,496 3,337,696 15,441,729”
Earnings Releases
Ouster, Inc. reported the three months ended March 31, 2026 results: revenue $49 million, net income GAAP net loss of $17 million.
“products and solutions that accelerate customer innovation and unlock new applications that sense, think, act, and learn in the physical world.” First Quarter 2026 Highlights: • $49 million in revenue, up 49% year over year and down 22% sequentially. Total revenue of $62 million in the fourth quarter of 2025 included royalties of approximately $21 million, primarily”
Material Agreements
Ouster, Inc. amended Fourth Amendment with SIC-350 Treat, LLC valued at $50.00 per rental square foot (effective 2025-12-17).
“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”).”
Riaz Valani resigned as Director at Ouster, Inc..
“On November 26, 2024, Riaz Valani notified the Board of Directors (the “Board”) of Ouster, Inc. (the “Company”) of his resignation as a director of the Company, effective on such date.”
Stephen Skaggs was elected as Member of the Board of Directors at Ouster, Inc..
“On November 4, 2024, Christina Correia and Stephen Skaggs were elected to the Board, effective as of November 4, 2024.”
Christina Correia was elected as Member of the Board of Directors at Ouster, Inc..
“On November 4, 2024, Christina Correia and Stephen Skaggs were elected to the Board, effective as of November 4, 2024.”
Karin Rådström was appointed as Member of the Advisory Board at Ouster, Inc..
“Ms. Rådström has been appointed as a member of the Company’s Advisory Board.”
Kristin Slanina resigned as Member of the Board of Directors at Ouster, Inc..
“Karin Rådström and Kristin Slanina resigned as members of Ouster, Inc.’s (the “Company”) Board of Directors (the “Board”), effective November 4, 2024.”
Karin Rådström resigned as Member of the Board of Directors at Ouster, Inc..
“Karin Rådström and Kristin Slanina resigned as members of Ouster, Inc.’s (the “Company”) Board of Directors (the “Board”), effective November 4, 2024.”
Earnings Releases
Ouster, Inc. reported the three months ended March 31, 2024 results: revenue $26 million, net income Net loss of $24 million.
“by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Ouster Announces Record Revenue and Margin for First Quarter 2024 Record revenue of $26 million, up 51% year over year GAAP gross margin of 29% and record non-GAAP gross margin of 36% SAN FRANCISCO, CA – May 9, 2024 at 4:15 PM ET – Ouster, Inc. (NYSE: OUST) (“Ouster” or the”
Governance Changes
Ouster, Inc.: Reduced stockholder meeting quorum requirement from majority to one third of voting power (effective 2024-04-18).
“On and effective as of April 18, 2024, the Board of Directors (the “ Board ”) of Ouster, Inc., a Delaware corporation (the “ Company ”) amended and restated the Company’s bylaws (as so amended and restated, the “ Second Amended and Restated Bylaws ”) to reduce the requisite quorum at all meetings of stockholders for the transaction of business from the holders of a majority to the holders of one third (1/3) of the Company’s voting power of stock issued and outstanding and entitled to vote, present in person, or by remote communication, if applicable, or represented by proxy, unless otherwise required by applicable law or the Company’s certificate of incorporation.”
Earnings Releases
Ouster, Inc. reported the three and twelve months ended December 31, 2023 results: revenue Over $83 million in revenue, net income Net loss of $39 million. Guidance initiated.
“Ouster Announces Record Revenue for Fourth Quarter and Full Year 2023 Record revenue of $83 million for the full year 2023 Expects $25 to $26 million of revenue for the first quarter of 2024”
Earnings Releases
Ouster, Inc. reported the three months ended December 31, 2023 results: revenue at or above the midpoint of the guidance range of $23 to $25 million. Guidance reaffirmed.
“the Company expects fourth quarter 2023 revenue to be at or above the midpoint of the guidance range of $23 to $25 million previously provided on November 9, 2023.”
Earnings Releases
Ouster, Inc. reported financial results for the three and nine months ended September 30, 2023.
“On November 9, 2023, Ouster, Inc. (the “ Company ”) announced financial results for the three and nine months ended September 30, 2023.”
Governance Changes
Ouster, Inc.: Amended and Restated Bylaws adopted to address universal proxy rules, streamline stockholder nomination procedures, and make other technical changes (effective 2023-11-02).
“On November 2, 2023, the Board of Directors (the “ Board ”) of Ouster, Inc., a Delaware corporation (the “ Company ”) approved and adopted amendments to the Company’s bylaws (as amended, the “ Amended and Restated Bylaws ”), which became effective the same day.”
Debt Financings
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.
“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”
Nathan Dickerman resigned as President of Field Operations at Ouster, Inc..
“On August 10, 2023, Nathan Dickerman, the President of Field Operations for Ouster, Inc. (the “ Company ”) and a named executive officer in the Company’s definitive proxy statement filed on May 1, 2023, tendered his resignation notice to the Company.”
Earnings Releases
Ouster, Inc. reported three and six months ended June 30, 2023 results: net income Net loss of $123 million in the second quarter of 2023.
“On August 10, 2023, Ouster, Inc. (the “ Company ”) announced financial results for the three and six months ended June 30, 2023.”
Restructurings & Charges
Ouster, Inc. announced a restructuring with charges of approximately $7.5 million - $9.0 million of aggregate charges (a reduction in force).
“On June 22, 2023, Ouster, Inc. (the "Company" or "Ouster") announced a series of cost cutting measures, including a reduction in force (collectively, the "Restructuring Initiatives"). The Restructuring Initiatives are expected to result in a range of approximately $7.5 million - $9.0 million of aggregate charges, which are anticipated to include $3.0 million - $3.5 million of one-time cash termination benefits and approximately $4.5 million - $5.5 million of non-cash stock-based compensation charge related to the vesting of share-based awards for employees who are terminated.”
Shareholder Votes
Ouster, Inc. shareholders approved Approval, on an advisory (non-binding) basis, of the compensation of the Company's named executive officers. at the 2023-06-22 meeting.
“Item 3 - Approval, on an advisory (non-binding) basis, of the compensation of the Company’s named executive officers. Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 9,818,711 642,915 446,832 11,306,302”
Shareholder Votes
Ouster, Inc. shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023. at the 2023-06-22 meeting.
“Item 2 - Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023. Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 21,329,733 771,830 113,197 0”
Shareholder Votes
Ouster, Inc. shareholders approved Election of two Class II directors to serve until the Company's 2026 annual meeting of stockholders and until their respective successors shall have been duly elected and qualified. at the 2023-06-22 meeting.
“Item 1 - Election of two Class II directors to serve until the Company’s 2026 annual meeting of stockholders and until their respective successors shall have been duly elected and qualified. NOMINEE Votes FOR Votes WITHHELD Broker Non-Votes Virginia Boulet 9,363,468 1,544,990 11,306,302 Riaz Valani 10,468,198 440,260 11,306,302 Item 2 - Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023. Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 21,329,733 771,830 113,197 0 Item 3 - Approval, on an advisory (non-binding) basis, of the compensation of the Company’s named executive officers. Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 9,818,711 642,915 446,832 11,306,302 Based on the foregoing votes, each of Virginia Boulet and Riaz Valani was elected as a Class II director, Item 2 was approved and Item 3 was approved.”
Earnings Releases
Ouster, Inc. reported three months ended March 31, 2023 results: revenue $17 million, net income ($177) million.
“First Quarter 2023 Highlights • Over $17 million in revenue 1 , up 101% from $8.6 million in the first quarter of 2022. • Booked 2 $33 million in business with new and existing customers. • Gross margins of (2%), compared to 30% in the first quarter of 2022. • Non-GAAP gross margins of 25% in the first quarter of 2023. • Shipped over 3,000 sensors for revenue in the first quarter, up 95% year over year. • Net loss increased to $177 million in the first quarter of 2023 primarily due to the non-cash goodwill impairment charges of $99 million and higher operating losses associated with Velodyne merger, compared to $32 million in the first quarter of 2022. • Adjusted EBITDA 3 loss increased to $27 million, compared to a loss of $23 million in the first quarter of 2022. • Cash, cash equivalents and short-term investments balance of $257 million as of March 31, 2023.”
Governance Changes
Ouster, Inc.: Certificate of Amendment to effect a one-for-10 reverse stock split and corresponding reduction in authorized shares (effective 2023-04-20).
“On April 20, 2023, Ouster, Inc. (the “ Company ”) filed with the Secretary of State of the State of Delaware a Certificate of Amendment to its Certificate of Incorporation (the “ Charter Amendment ”) to effect a one-for-10 reverse stock split of the Company’s common stock (the “ Reverse Stock Split ”) and a corresponding reduction in authorized shares of common stock, which became effective as of 1:01 p.m. Pacific Time on April 20, 2023.”
Listing & Compliance Notices
Ouster, Inc. received a nyse noncompliance notice notice regarding minimum bid price (rules 802.01C).
“April 12, 2023, the Company was notified by the New York Stock Exchange (the “ NYSE ”) that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual (“ Section 802.01C ”) because the average closing price of the Company’s common stock, over a consecutive 30 trading-day period, was less than $1.00 (the “ NYSE Notification ”). The Company notified the NYSE of its intent to effect a reverse stock split prior to receipt of the NYSE Notification and the Company plans to notify the NYSE of its intent to cure the stock price deficiency and return to compliance with the NYSE cont”
Earnings Releases
Ouster, Inc. reported the year ended December 31, 2022 results: revenue $41 million, net income $139 million.
“Full Year 2022 Financial Highlights 1 • Achieved 2022 guidance with $41 million in revenue and 27% gross margins. • Booked $70 million in business with new and existing customers in 2022. • Shipped over 8,650 sensors for revenue in 2022, totaling over 18,500 sensors shipped to date. • Net loss increased to $139 million in 2022”
Earnings Releases
Ouster, Inc. reported the three months ended December 31, 2022 results: revenue $11 million, net income $42 million.
“Fourth Quarter 2022 Highlights 1 • $11 million in revenue, down 8% year over year. • 17% gross margins, compared to 30% in fourth quarter 2021. • Shipped a record of over 2,950 sensors for revenue in the fourth quarter, up 23% year over year. • Net loss increased to $42 million in the fourth quarter of 2022”
Restructurings & Charges
Ouster, Inc. announced a restructuring with charges of approximately $27.0 million - $30.0 million of aggregate charges, which we anticipate to include $12.0 million - $13.0 million of one-time cash termination bene (approximately 180-200 employees).
“including Velodyne’s facility in India (collectively, the “Restructuring Initiatives”). The Restructuring Initiatives are expected to result in a range of approximately $27.0 million - $30.0 million of aggregate charges, which we anticipate to include $12.0 million - $13.0 million of one-time cash termination benefits, $0.5 million of facility contract in”
Megan Chung was appointed as General Counsel and Secretary at Ouster, Inc..
“Megan Chung, has been appointed to succeed Mr. Dolinko as the Company’s new General Counsel and Secretary.”
Adam Dolinko departed as General Counsel and Secretary at Ouster, Inc..
“Adam Dolinko has also ceased serving as Ouster’s General Counsel and Secretary as of the Effective Date.”
Anna Brunelle departed as Chief Financial Officer at Ouster, Inc..
“in connection with Ms. Brunelle’s separation from service with Ouster”
Mark Weinswig was appointed as Chief Financial Officer at Ouster, Inc..
“the Board of Ouster appointed Mark Weinswig to serve as Ouster’s Chief Financial Officer, effective on such date, succeeding Anna Brunelle”
M&A Transactions
Ouster, Inc. completed an acquisition involving Velodyne Lidar, Inc. for 0.8204 shares of Ouster common stock per share of Velodyne common stock, with cash in lieu of fractional shares (closed 2023-02-10).
“by Velodyne, Ouster, Merger Sub I or Merger Sub II or any wholly owned subsidiary of Velodyne, Ouster, Merger Sub I or Merger Sub II) was converted into the right to receive 0.8204 (the “ Exchange Ratio ”) validly issued, fully paid and non-assessable shares of common stock, par value $0.0001 per share, of Ouster (the “ Ouster Common Stock ,” and such shares”
Material Agreements
Ouster, Inc. amended Third Amendment to Loan and Security Agreement with Hercules Capital, Inc. (effective 2023-02-10).
“On February 10, 2023, Ouster, Inc., a Delaware corporation (“ Ouster ” or the “ Company ”), entered into a Third Amendment to Loan and Security Agreement (the “ Amendment ”) with the lenders party thereto, Hercules Capital, Inc., a Maryland corporation, in its capacity as administrative agent and collateral agent for itself and the lenders (the “ Agent ”), and the guarantors party thereto”
Earnings Releases
Ouster, Inc. reported the fiscal year ended December 31, 2022 results: revenue $40 to $55 million.
“Ouster achieved its Fiscal Year 2022 guidance of $40 to $55 million in revenue and 25% to 30% in gross margins.”
Shareholder Votes
Ouster, Inc. shareholders approved Approval of the adjournment of the Special Meeting to solicit additional proxies if there are not sufficient votes to approve the Common Stock Issuance Proposal at the 2023-01-26 meeting.
“Proposal No. 3: Approval of the adjournment of the Special Meeting to solicit additional proxies if there are not sufficient votes to approve the Common Stock Issuance Proposal at the time of the Special Meeting or to ensure that any supplement or amendment to the accompanying joint proxy statement/prospectus is timely provided to holders of shares of Ouster common stock (the “Adjournment Proposal”). The adjournment of the Special Meeting was approved by the requisite vote of Ouster’s stockholders, but no adjournment of this Special Meeting to solicit additional proxies will be required. Votes For Votes Against Abstentions Broker Non-Votes 113,034,085 2,724,136 403,570 32,104,000”
Shareholder Votes
Ouster, Inc. shareholders approved Approval to amend the Ouster charter to allow a reverse stock split of Ouster common stock at one of six ratios and a corresponding reduction in authorized shares at the 2023-01-26 meeting.
“Proposal No. 2: Approval to amend the Ouster charter to allow Ouster, (a) to have the option to effect, separate from and following the closing of the mergers contemplated by the Merger Agreement, or (b) if the Merger Agreement is terminated, to have the option to effect, (i) a reverse stock split of Ouster common stock at one of six reverse stock split ratios, one-for-five, one-for-six, one-for-seven, one-for-eight, one-for-nine and one-for-ten, with an exact ratio to be determined by the board of the combined company following the closing or the Board of Directors of Ouster, as applicable, and (ii) if and when the reverse stock split is effected, a corresponding reduction in the number of authorized shares of Ouster common stock by the selected reverse stock split ratio (the “Reverse Stock Split Proposal”). The Reverse Stock Split Proposal was approved by the requisite vote of Ouster’s stockholders. Votes For Votes Against Abstentions 143,755,932 3,768,939 740,920”
Shareholder Votes
Ouster, Inc. shareholders approved Approval of the issuance of shares of Company Common Stock to certain equityholders of Velodyne Lidar, Inc. pursuant to the Agreement and Plan of Merger at the 2023-01-26 meeting.
“Proposal No. 1: Approval of the issuance of shares of Company Common Stock (including securities convertible into or exercisable for shares of Company Common Stock) to certain equityholders of Velodyne Lidar, Inc. (“Velodyne”) pursuant to the Agreement and Plan of Merger (the “Merger Agreement”), dated as of November 4, 2022, by and among Ouster, Oban Merger Sub, Inc., a wholly-owned subsidiary of Ouster, Oban Merger Sub II LLC, a wholly-owned subsidiary of Ouster, and Velodyne (the “Common Stock Issuance Proposal”). The Common Stock Issuance Proposal was approved by the requisite vote of the Company’s stockholders. Votes For Votes Against Abstentions Broker Non-Votes 115,432,238 384,741 344,812 32,104,000”
Material Agreements
Ouster, Inc. entered into Agreement and Plan of Merger with Velodyne Lidar, Inc. valued at Merger Agreement providing for the merger of Merger Sub I with and into Velodyne, followed by merger (effective 2022-11-04).
“On November 4, 2022, Ouster, Inc., a Delaware corporation (“ Ouster ”), Velodyne Lidar, Inc., a Delaware corporation (“ Velodyne ”), Oban Merger Sub, Inc., a Delaware corporation and a direct, wholly owned subsidiary of Ouster (“ Merger Sub I ”), and Oban Merger Sub II LLC, a Delaware limited liability company and a direct, wholly owned subsidiary of Ouster (“ Merger Sub II ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”).”
Earnings Releases
Ouster, Inc. reported the three months ended September 30, 2022 results: revenue $11.2 million, net income $36 million.
“SAN FRANCISCO, CA – November 7, 2022 – Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-resolution digital lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries, announced financial results for the three months ended September 30, 2022. Third Quarter 2022 Highlights • $11.2 million in revenue, up 44% year over year. • 33% gross margins, the highest margins in Ouster history, compared to 24% in the third quarter of 2021. • Sold 2,136 sensors in the third quarter, up 31% year over year. • Increased the number of Strategic Customer Agreements to 84, up from 80 in the prior quarter 1 • Net loss increased to $36 million, compared to $28 million in the second quarter of 2022 and $13 million in the third quarter of 2021.”
Karin Rådström was appointed as Director at Ouster, Inc..
“On October 6, 2021, the Board of Directors (the “Board”) of Ouster, Inc. (the “Company”), upon the recommendation of the Nominating and Corporate Governance Committee (the “Nominating Committee”), appointed Ms. Karin Rådström to serve as a Class I director of the Board for a term ending at the 2022 annual meeting of stockholders of the Company, effective October 6, 2021 (the “Effective Date”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.