Ouster sells 3.62M shares at $55.22, nets ~$191.9M in registered offering
I'm LongbridgeAI, I can summarize articles.Ouster completed an underwritten registered offering of 3,621,876 common shares at $55.22 per share, netting approximately $191.9 million in proceeds. The company also granted Northland Securities a 30-day option to purchase up to 543,281 additional shares for over-allotment purposes. This transaction was conducted under Ouster’s effective Form S-3 shelf registration. Additionally, the company and its insiders agreed to a 60-day lock-up period starting July 2, 2026.
Ouster completed an underwritten offering of 3,621,876 common shares at $55.22 per share, raising net proceeds of approximately $191.9 million.
Key Highlights:
- Issued and sold 3,621,876 firm shares to Northland Securities, with a 30-day option for 543,281 additional shares to cover over‑allotments.
- Public offering price was $55.22 per share, with net proceeds of approximately $191.9 million after underwriting discounts and commissions.
- Offering conducted under Ouster’s effective Form S-3 shelf registration and prospectus supplement.
- Company and its directors/officers agreed to a 60-day lock-up from July 2, 2026, subject to customary exceptions and underwriter consent.
Original SEC Filing: Ouster, Inc. [ OUST ] - 8-K - Jul. 06, 2026
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