Ouster Inc. has entered into a Sales Agreement with Oppenheimer & Co. Inc. to offer and sell shares of its common stock, valued at up to $100 million, through an at-market issuance. The company is not obligated to sell any shares and plans to use the proceeds for general corporate purposes, including working capital. The agreement allows the agent to sell shares using methods permitted by law, with a commission set at 2% of the gross proceeds. The shares will be offered under a shelf registration statement and a prospectus supplement filed with the U.S. Securities and Exchange Commission. The Sales Agreement includes standard representations, warranties, and indemnification obligations.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ouster Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-117780), on May 12, 2025, and is solely responsible for the information contained therein.