Owlet Announces Pricing of Public Offering and Comprehensive Debt Refinancing for Total Gross Proceeds of up to $46.6 Million
Owlet, Inc. Class A (OWLT)
Company Research
Source: Business Wire
The Company anticipates receiving $11.6 million in proceeds from the underwritten public offering and up to $35 million in proceeds from the debt refinancing. LEHI, Utah--(BUSINESS WIRE)--Owlet, Inc. (“Owlet” or the “Company”) (NYSE:OWLT), the pioneer of smart infant monitoring, today announced the pricing of an underwritten public offering of 3,135,136 shares of the Company’s Class A common stock (the “Offering”). The shares of Class A common stock are being sold at a public offering price of $3.70 per share, before underwriting discounts and commissions. All of the shares in the Offering are to be sold by the Company. The gross proceeds to Owlet from the Offering are expected to be approximately $11.6 million, before deducting underwriting discounts and commissions and other offering expenses. The Offering is expected to close on or about September 13, 2024, subject to the satisfaction of customary closing conditions.Owlet intends to use the net proceeds from the Offering for gen
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News
- OWLET INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Owlet, Inc. - OWLTBusiness Wire
- Owlet Inc (OWLT) Q3 2024 Earnings Call Highlights: Record Revenue Growth and Strategic Expansions [Yahoo! Finance]Yahoo! Finance
- Owlet Announces Third Quarter 2024 Financial ResultsBusiness Wire
- Owlet, Inc.'s (NYSE:OWLT) Path To Profitability [Yahoo! Finance]Yahoo! Finance
- Owlet to Participate in Upcoming Investor Conferences [Yahoo! Finance]Yahoo! Finance
OWLT
Earnings
- 11/13/24 - Beat
OWLT
Sec Filings
- 11/14/24 - Form 10-Q
- 11/13/24 - Form 8-K
- 11/12/24 - Form 8-K
- OWLT's page on the SEC website