---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-024574"
form_type: "8-K"
ticker: "OWLT"
cik: "0001816708"
company_name: "Owlet, Inc."
filed_at: "2023-07-07T23:59:59+00:00"
generated_at: "2026-06-13T11:11:41.536841+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Owlet announces 1-for-14 reverse stock split effective July 7; shares to trade on split-adjusted basis July 10

## Summary
- Reverse split reduces outstanding Class A common stock from ~118M to ~8.4M shares.
- Authorized Common Stock reduced from 1B to ~107M shares; preferred authorized cut from ~100M to ~10.7M.
- Move intended to help regain NYSE $1.00 minimum average closing price compliance.
- No fractional shares; cash paid in lieu; CUSIP changes to 69120X206.
- NYSE previously halted and delisted Owlet's warrants due to low trading price.

## SEC filing metadata
- accession: 0001628280-23-024574
- form_type: 8-K
- ticker: OWLT
- cik: 0001816708
- company_name: Owlet, Inc.
- filed_at: 2023-07-07T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816708/000162828023024574/0001628280-23-024574-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816708/000162828023024574/owlt-20230707.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-024574
- JSON: https://secwatch.observer/filing/0001628280-23-024574.json
- Plain text: https://secwatch.observer/filing/0001628280-23-024574.txt

## Key facts
- Governance Changes
  Owlet, Inc.: Filed a Certificate of Amendment to effect a one-for-14 reverse stock split and reduce authorized shares of common and preferred stock (effective 2023-07-07).
  - Change: charter amendment
  - Effective: 2023-07-07
  source text: On July 7, 2023, Owlet, Inc. (the “ Company ”) filed with the Secretary of State of the State of Delaware a Certificate of Amendment to its Second Amended and Restated Certificate of Incorporation (the “ Charter Amendment ”) to effect a one-for-14 reverse stock split (the “ Reverse Stock Split ”) of the Company’s Class A common stock (the “ Common Stock ”) and a reduction in the number of authorized shares of Common Stock and authorized but unissued shares of the Company’s preferred stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816708/000162828023024574/0001628280-23-024574-index.htm

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