---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-038103"
form_type: "8-K"
ticker: "OWLT"
cik: "0001816708"
company_name: "Owlet, Inc."
filed_at: "2024-08-22T23:59:59+00:00"
generated_at: "2026-05-31T08:06:48.236035+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Owlet preferred holders convert shares; market cap ~$54M, addressing NYSE compliance

## Summary
- 15,721 Series A preferred shares converted into 2,291,686 Class A common shares.
- Post-conversion outstanding: 11,710,310 common, 11,479 Series A, 9,250 Series B shares.
- Conversion is part of effort to regain NYSE $50M market cap requirement; market cap ~$54M as of Aug 21 close.
- Holders cited positive business progress and capital structure simplification as conversion reasons.

## SEC filing metadata
- accession: 0001628280-24-038103
- form_type: 8-K
- ticker: OWLT
- cik: 0001816708
- company_name: Owlet, Inc.
- filed_at: 2024-08-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816708/000162828024038103/0001628280-24-038103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816708/000162828024038103/owlt-20240820.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-038103
- JSON: https://secwatch.observer/filing/0001628280-24-038103.json
- Plain text: https://secwatch.observer/filing/0001628280-24-038103.txt

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