---
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"
generated_at: "2026-05-19T06:46:20.286679+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Owlet amends credit facility; eases financial covenants and expands borrowing base

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-031614
- JSON: https://secwatch.observer/filing/0001628280-25-031614.json
- Plain text: https://secwatch.observer/filing/0001628280-25-031614.txt

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