Ouster completes sale of 3.6 million shares at $55.22, netting $191.9 million
Ouster, Inc. sold 3,621,876 new shares of common stock at $55.22 per share through an underwriting agreement with Northland Securities, closing the sale on July 6, 2026. The company received net proceeds of about $191.9 million after underwriter discounts and commissions, and the shares are subject to a 60-day lock-up for the company and its directors and executive officers.
Key points
- Shares sold: 3,621,876 at $55.22 per share, under a shelf registration on Form S-3
- Net proceeds: approximately $191.9 million after underwriter discounts and commissions
- Underwriter has a 30-day option to buy up to 543,281 additional shares to cover over-allotments
- Lock-up: company, directors and executive officers agreed not to sell or transfer common stock for 60 days after July 2, 2026
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.