Colonnade Acquisition announced today that it has set March 9 as the date for a shareholders vote on the proposed business combination with Ouster, a provider of high-resolution digital lidar sensors for industrial automation, robotics, smart infrastructure, and automotive industries.
The transaction is expected to provide up to $300 million in gross proceeds, including Colonnade’s $200 million held in trust and a $100 million fully committed PIPE at $10 per share. Read more.
