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SPAC · Merger completed

Colonnade Acquisition Corp.

Business combination with Ouster, Inc.

Colonnade Acquisition Corp. is a blank-check company (SPAC) that raised $200M in its initial public offering on Aug 21, 2020, listing on New York Stock Exchange. It completed its business combination with Ouster, Inc. on Mar 11, 2021; the combined company is Ouster, Inc. (OUST). White & Case advised the SPAC and Ellenoff Grossman & Schole advised the underwriters on the IPO.

Ouster invented its digital lidar in 2015 and manufactures high-resolution digital lidar sensors. Its sensors are used across industrial automation, smart infrastructure, robotics and automotive industries.

Status
Merger completed
IPO date
Aug 21, 2020
IPO size
$200M
IPO exchange
New York Stock Exchange
Target
Ouster, Inc. (Old Ouster)
Announced
Dec 22, 2020
Closed
Mar 11, 2021
Combined company
Ouster, Inc. (OUST)
SPAC counsel (IPO)
White & Case and Maples and Calder
Underwriters' counsel (IPO)
Ellenoff Grossman & Schole

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