Ouster to consolidate shares with 1-for-10 reverse stock split

Ouster announced that its Board of Directors has approved a 1-for-10 reverse stock split that is expected to become effective on Thursday, April 20, 2023 at 4:01 p.m. Eastern Time. At Ouster’s special meeting of stockholders on January 26, 2023, stockholders approved the proposal to authorize the company’s Board of Directors to effect a reverse split at ratios ranging from 1-for-5 to 1-for-10.