Ouster, Inc. Form 8-K Filing - Lease Amendment

Ouster, Inc. has filed a Form 8-K to report the fourth amendment to its NNN Lease Agreement for its headquarters in San Francisco, California. The amendment, entered into on December 17, 2025, extends the lease term to August 31, 2034. Effective January 1, 2026, the annual base rent will decrease to $50.00 per rental square foot, with subsequent annual adjustments. The company also has the option to reduce a letter of credit held by the landlord from $547,963.34 to $300,000.00, provided no default occurs. The amendment also includes provisions for an improvement allowance for the tenant and outlines procedures for potential building sales and energy usage disclosures. The lease remains in effect with the modifications specified in the fourth amendment.