Ouster Inc - Ordinary Shares - Class A

NYSE:OUST   3:59:54 PM EDT
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+0.45 (+6.87%)
Debt Financing / Related

Ouster To Establish Automotive Group With Planned Acquisition Of Sense Photonics

Published: 10/05/2021 13:48 GMT
Ouster Inc - Ordinary Shares - Class A (OUST) - Ouster Inc - Ouster to Purchase 100% of Capital Stock of Sense and All of Its Property for 9.5 Million Shares of Ouster Common Stock.
Ouster Inc - Upon Closing Strategic All-stock Acquisition Ouster Plans to Establish Ouster Automotive.
Ouster - About 80 Sense Employees Are Expected to Join Ouster Post-transaction; Certain Employees of Sense Have Agreed to 5-year Retention Packages.