Ouster to merge with Colonnade Acquisition Corp. in SPAC deal valued at $1.9 billion

Ouster, a lidar sensor provider, entered a definitive merger agreement with Colonnade Acquisition Corp. The transaction is expected to provide up to $300 million in gross proceeds, with a pro forma implied enterprise value of ~$1.6 billion and fully diluted equity value of ~$1.9 billion.

“Ouster, a Leading Provider of High-Performance Digital Lidar Sensors, to Combine With Colonnade Acquisition Corp. to Accelerate Digital Lidar Adoption.”investors.ouster.com

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• investors.ouster.comOuster, a Leading Provider of High-Performance Digital Lidar Sensors, to Combine With Colonnade Acquisition Corp. to Accelerate Digital Lidar Adoption in Industrial, Smart Infrastructure, Robotics, and Automotive Markets | Tue, 12/22/2020 - 08:00Dec 22, 2020

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