secwatch.observer — SEC 8-K summary
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Issuer:     Owlet, Inc. (OWLT)
CIK:        0001816708
Form:       8-K
Filed at:   2024-09-13T23:59:59+00:00
Accession:  0001628280-24-040375
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Owlet raises ~$11.6M via 3.14M share offering at $3.70; issues underwriter warrant
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- Gross proceeds ~$11.6M from sale of 3,135,136 shares of Class A common at $3.70 per share.
- Concurrent private placement: warrant to purchase up to 125,405 shares at $4.63, exercisable from March 13, 2025, for 5 years.
- Underwriting agreement with Titan Partners Group LLC; closing on September 13, 2024.
- Lock-up: directors/officers/stockholders for 90 days; warrant holder lock-up for 180 days.
- Shares issued under effective S-3 registration statement (333-281556); final prospectus filed Sep 12.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816708/000162828024040375/0001628280-24-040375-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816708/000162828024040375/owlt-20240911.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-040375

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