{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-031614","form_type":"8-K","ticker":"OWLT","cik":"0001816708","company_name":"Owlet, Inc.","filed_at":"2025-06-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.848491+00:00","generated_at":"2026-05-19T06:46:20.286679+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Owlet amends credit facility; eases financial covenants and expands borrowing base","bullets":["Minimum TTM EBITDA relaxed: $(3.9M) at Dec 2024, $(4.8M) at Mar 2025, rising to $6.5M by Dec 2026.","Capital expenditure limits increased to $500k (FY2024), $1.5M (FY2025), $2.0M (FY2026) with 50% carryforward.","Eligible accounts expanded: certain non-US account debtors now eligible up to $3M aggregate and $3M per debtor limit.","Amendment effective retroactively to December 31, 2024; loan parties released all claims against lenders."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-031614","json":"https://secwatch.observer/filing/0001628280-25-031614.json","markdown":"https://secwatch.observer/filing/0001628280-25-031614.md","text":"https://secwatch.observer/filing/0001628280-25-031614.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1816708/000162828025031614/0001628280-25-031614-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1816708/000162828025031614/a20250611creditagreementam.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T06:46:20.286679+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}