Shearman And Sterling

News March 09, 2021

Barclays and BTIG in Connection With a Private Investment in Colonnade and its Related Acquisition of Ouster

Shearman & Sterling advised Barclays and BTIG as the placement agents in connection with a private investment in 10,000,000 shares of Colonnade Acquisition Corp., a special purpose acquisition company, immediately prior to Colonnade’s acquisition of Ouster, Inc. in connection with which Ouster became a public company listed on the New York Stock Exchange, as well as in connection with the acquisition. Ouster’s common stock began trading on March 12, 2021 on the NYSE under the symbol “OUST.”

Ouster invented its digital lidar in 2015 and is a leading manufacturer of high-resolution digital lidar sensors used throughout the industrial automation, smart infrastructure, robotics and automotive industries.

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