Business
Ouster, Inc. Announces Pricing of Public Offering of Common Stock
Ouster, Inc. Announces Pricing of Public Offering of Common
About this update from Ouster, Inc.
Ouster, Inc. (Nasdaq: OUST) (“Ouster” or the “Company”), a leader in sensing and perception for Physical AI, today announced the pricing of an underwritten public offering of 3,621,876 shares of the Company’s common stock (the “Offering”). The shares of common stock are being sold at a public offering price of $55.22 per share, before underwriting discounts and commissions. All of the shares in the Offering are being sold by the Company. The gross proceeds to Ouster from the Offering are expected to be approximately $200.0 million, before deducting underwriting discounts and commissions and other offering expenses. The Company has granted the underwriter of the Offering a 30-day option to purchase up to an additional 543,281 shares of common stock at the public offering price, less the underwriting discounts and commissions. The Offering is expected to close on or about July 6, 2026, subject to the satisfaction of customary closing conditions. Ouster intends to use the net proceeds from the Offering for working capital and other general corporate purposes. Northland Capital Markets is acting as the sole bookrunner for the Offering. The securities described above are being offered by Ouster pursuant to an effective shelf registration statement on Form S-3 that was filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 1, 2026 and was immediately effective upon filing. The Offering is being made only by means of a written prospectus and prospectus supplement that form a part of the registration statement. A final prospectus supplement and accompanying prospectus relating to and describing the terms of the Offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Copies of the final prospectus supplement and the accompanying prospectus relating to these securities may be obtained, when available, by request from: Northland Securities, Inc., 150 South Fifth Street, Suite 3300, Minneapolis, MN 55402, Attention: Heidi Fletcher, by telephone at (612) 851-4918. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other j...