---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-011179"
form_type: "8-K"
ticker: "OWLT"
cik: "0001816708"
company_name: "Owlet, Inc."
filed_at: "2023-04-10T23:59:59+00:00"
generated_at: "2026-06-17T04:17:56.384352+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Owlet receives NYSE delisting notice for low market cap and equity

## Summary
- NYSE notified Owlet on April 4, 2023, that its average market cap and stockholders' equity were both below $50 million (Section 802.01B).
- Company plans to submit a cure business plan within 45 days; NYSE has 18-month cure period to review compliance.
- No immediate impact on stock listing; if plan accepted, trading continues under NYSE monitoring.
- Owlet also faces a prior NYSE deficiency (November 2022) for share price below $1.00; still in six-month cure period.

## SEC filing metadata
- accession: 0001628280-23-011179
- form_type: 8-K
- ticker: OWLT
- cik: 0001816708
- company_name: Owlet, Inc.
- filed_at: 2023-04-10T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816708/000162828023011179/0001628280-23-011179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816708/000162828023011179/owlt-20230404.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-011179
- JSON: https://secwatch.observer/filing/0001628280-23-011179.json
- Plain text: https://secwatch.observer/filing/0001628280-23-011179.txt

## Key facts
- Listing & Compliance Notices
  Owlet, Inc. received a nyse deficiency notice notice regarding market value (rules 802.01B).
  - Exchange: nyse
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 802.01B
  source text: April 4, 2023, Owlet, Inc. (the “Company”) received written notice (the “NYSE Notification”) from the New York Stock Exchange (the “NYSE”) that the Company is not in compliance with Section 802.01B of the NYSE Listed Company Manual because the average global market capitalization of the Company over a consecutive 30 trading-day period and, at the same time, the Company’s last reported stockholders’ equity were each less than $50 million. The Company plans to notify the NYSE that it intends to submit a plan to cure the deficiency and to return to compliance with the NYSE continued listing stand
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816708/000162828023011179/0001628280-23-011179-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.