Owlet, Inc. — fact timeline

Owlet, Inc. reported first quarter ended March 31, 2026 results: revenue $22.5 million, net income Net loss of $3.3 million, EPS $0.15.

“will host a conference call to review the Company’s results and provide a business update today, May 7, 2026, at 4:30 p.m. ET. Q1 2026 Financial Highlights: • Q1 Revenue of $22.5 million, up 6.4% from Q1 2025 • Record Q1 Subscription Revenue of $2.7 million • Q1 Gross Margin of 54.5%, up 80 basis points from Q1 2025 despite tariff cost impacts • Q1 Net Loss of”

Owlet, Inc. reported full year 2026 results: revenue $126 to $130 million. Guidance initiated.

“For the full year 2026, we expect revenue in the range of $126 to $130 million, representing 19% to 23% growth over 2025, gross margins of 49% to 52% including the impact of tariff costs, and adjusted EBITDA of $3 to $5 million, representing 50% to 150% growth over 2025.”

Owlet, Inc. reported first quarter of 2026 results: revenue $20 to $21 million. Guidance initiated.

“For the first quarter of 2026, we expect revenue in the range of $20 to $21 million, gross margins of 50% to 52%, and adjusted EBITDA of $(2.5) to $(1.5) million.”

Owlet, Inc. reported year ended December 31, 2025 results: revenue $105.7 million, net income Net loss was $39.7 million for the fiscal year 2025, compared to net loss of $12.5 million for the fiscal year 2024., EPS Net loss per share was $2.31 for the fiscal year 2025, compared to net loss per share of $1.57 for the fiscal year 2024..

“For fiscal year 2025, revenue was $105.7 million, compared to $78.1 million for fiscal year 2024, an increase of 35.4%.”

Owlet, Inc. reported three months ended December 31, 2025 results: revenue $26.6 million, net income net loss of $9.2 million.

“Revenue for the fourth quarter of 2025 was $26.6 million, compared to revenue in the fourth quarter of 2024 of $20.5 million, an increase of 29.6%.”

Owlet, Inc.: Amended certificate of incorporation to add Article X providing for officer exculpation under Delaware law, effective upon filing October 10, 2025 (effective 2025-10-10).

“On October 10, 2025, the Company filed a Certificate of Amendment to the Charter (the “Certificate of Amendment”) with the Secretary of State of the State of Delaware, which became effective upon filing.”

Owlet, Inc.: Amended and restated bylaws to address universal proxy rules, enhance procedural mechanics and disclosure for stockholder nominations and proposals, and require non-white proxy cards for stockholders soliciting proxies (effective 2024-11-07).

“On November 7, 2024, the Board of Directors (the “Board”) of Owlet, Inc. (the “Company”) approved and adopted amendments to the Company’s amended and restated bylaws (as amended, the “Amended and Restated Bylaws”), which became effective the same day.”

Kathryn Scolnick changed role as Chief Financial Officer at Owlet, Inc..

“Ms. Scolnick, the Company’s Chief Financial Officer and principal financial officer and principal accounting officer, transitioned out of these positions effective July 9, 2024”

Amanda Twede Crawford was appointed as Chief Financial Officer at Owlet, Inc..

“appointed Amanda Twede Crawford, the Company’s current Vice President, Financial Planning and Analysis, to serve as the Company’s Chief Financial Officer and principal financial officer and principal accounting officer, effective July 9, 2024”

Owlet, Inc. reported first quarter ended March 31, 2024 results: EPS Basic earnings per share was $0.15 for the first quarter of 2024, compared to basic net loss per share of ($1.54) for th.

“Q1 Revenue was approximately $14.8 million, up approximately 37% year over year.”

Owlet, Inc. reported the fiscal year ended December 31, 2023 results: revenue approximately $54.0 million, net income Net Loss was approximately $32.9 million, EPS Net loss per share was $4.53.

“For the fiscal year ended December 31, 2023, revenues were approximately $54.0 million, compared to $69.2 million for the fiscal year ended December 31, 2022.”

Owlet, Inc. reported the fourth quarter and fiscal year ended December 31, 2023 results: revenue approximately $21.0 million, net income Net Loss was approximately $6.9 million, EPS Net loss per share was $0.97.

“conference call to review the Company’s results and provide a business update today, March 7, 2024, at 4:30 p.m. ET. Q4 2023 Financial Highlights • Q4 Revenue was approximately $21.0 million. • Q4 Gross Margin was approximately 47.1%. • Q4 Net Loss was approximately $6.9 million, down 65% from $19.5 million year over year. • Q4 adjusted EBITDA loss was approximately”

Owlet, Inc.: Filing of Certificate of Designation for Series B Convertible Preferred Stock establishing terms, rights, obligations and preferences (effective 2024-02-29).

“In connection with the completion of the Private Placement, on the Closing Date, the Company filed the Certificate of Designation of Series B Convertible Preferred Stock (the “Certificate of Designation”) of the Company, a copy of which is filed as Exhibit 3.1 hereto and is incorporated herein by reference, with the Secretary of State of the State of Delaware to establish the terms, rights, obligations and preferences of the Series B Preferred Stock. The Certificate of Designation became effective upon the filing with the Secretary of State of the State of Delaware on the Closing Date.”

Owlet, Inc. reported preliminary financial results for the fourth quarter ended December 31, 2023.

“On February 26, 2024, the Company issued a press release reporting certain unaudited preliminary financial results for the fourth quarter ended December 31, 2023.”

Owlet, Inc.: Filed Certificate of Designation for Series B Preferred Stock.

“In connection with the closing of the Private Placement, the Company will file the Certificate of Designation with the Secretary of State of the State of Delaware on the Closing Date setting forth the terms, rights, obligations and preferences of the Series B Preferred Stock.”

Owlet, Inc. shareholders approved Approval that Preferred Shares will be permitted indebtedness under Series A Certificate of Designation at the 2024-02-25 meeting.

“Such holders also approved that the Preferred Shares will be permitted indebtedness under the terms of the Company’s Certificate of Designation of Series A Convertible Preferred Stock.”

Owlet, Inc. shareholders approved Creation and authorization of Series B Preferred Stock and issuance of Preferred Shares in Private Placement at the 2024-02-25 meeting.

“On February 25, 2024, holders of 22,917 shares of the Series A Preferred Stock, representing a majority of the outstanding shares of Series A Preferred Stock, approved the creation and authorization of the Series B Preferred Stock and the issuance of the Preferred Shares in the Private Placement, as required by the terms of the Company’s Certificate of Designation of Series A Convertible Preferred Stock.”

Owlet, Inc. entered into Investment Agreement with certain investors listed on Schedule 1 thereto (the "Investors") valued at $9.25 million (effective 2024-02-25).

“On February 25, 2024, Owlet, Inc. (the “Company”) entered into an Investment Agreement (the “Investment Agreement”) with certain investors listed on Schedule 1 thereto (the “Investors”), pursuant to which the Company will issue and sell to the Investors (i) an aggregate of 9,250 shares (the “Preferred Shares”) of the Company’s Series B Convertible Preferred Stock, par value $0.0001 per share (the “Series B Preferred Stock”) and (ii) warrants (“Warrants”) to purchase an aggregate of 1,799,021 shares of the Company’s Class A Common Stock, par value $0.0001 per share (the “Common Stock”), for an aggregate purchase price of $9.25 million”

Owlet, Inc. reported preliminary financial results for fourth quarter ended December 31, 2023.

“issued a press release reporting its unaudited preliminary financial results for the fourth quarter ended December 31, 2023”

Owlet, Inc. reported third quarter ended September 30, 2023 results: revenue $9.2 million, net income $5.6 million, EPS $(0.84).

“Sock® – the first and only over-the-counter, medical grade pulse oximeter classified by FDA for healthy infants and preparing for launch by December 2023. · Achieved revenues of $9.2 million as the Company entered into a new arrangement to start selling products directly to Amazon.com, Inc. under a first-party seller relationship shifting Amazon revenues into Q4. ·”

Marc F. Stoll was appointed as Class II Director at Owlet, Inc..

“On August 15, 2023, and effective as of that date, the Board appointed Marc F. Stoll, an Eclipse Designee, to serve on the Board as a Class II director of the Company, for a term expiring at the Company’s 2026 annual meeting of stockholders and until his successor has been elected and qualified or until his earlier death, resignation or removal.”

Jayson Knafel resigned as Class II Director at Owlet, Inc..

“On August 11, 2023, Jayson Knafel, a Class II director of Owlet, Inc. (the “Company”) and a member of the Compensation Committee of the Company’s Board of Directors (the “Board”), who served on the Board as a designee of Eclipse Ventures, LLC (“Eclipse”), notified the Company of his intention to resign from the Board, effective August 11, 2023.”

Jonathan Harris was appointed as President and Chief Revenue Officer at Owlet, Inc..

“On July 25, 2023, Owlet, Inc. (the “Company”) announced the appointment of Jonathan Harris as President and Chief Revenue Officer of the Company, effective July 25, 2023”

Melissa Gonzales was appointed as Class I director at Owlet, Inc..

“appointed Melissa Gonzales to serve as a Class I director of the Board, effective July 18, 2023”

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).

“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.”

Owlet, Inc. shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-06-23 meeting.

“Proposal No. 4 — Ratification of the Appointment of Independent Registered Public Accounting Firm The stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The voting results for this proposal were as follows: For Against Abstentions Broker Non-Votes 102,388,226 3,618,058 221,803 —”

Owlet, Inc. shareholders approved Approval, as a 'change of control' of the Company for purposes of Section 312.03(d) of the New York Stock Exchange Listed Company Manual, the issuance of Common Stock upon conversion of shares of the Company’s Series A convertible preferred stock, par value $0.0001 per share, and exercise of warrant at the 2023-06-23 meeting.

“Proposal No. 3 — Eclipse Ownership Proposal The stockholders approved, as a “change of control” of the Company for purposes of Section 312.03(d) of the New York Stock Exchange Listed Company Manual, the issuance of Common Stock upon conversion of shares of the Company’s Series A convertible preferred stock, par value $0.0001 per share, and exercise of warrants issued and sold to Eclipse Ventures LLC. The voting results for this proposal were as follows: For Against Abstentions Broker Non-Votes 77,266,819 1,138,253 297,916 9,248,324”

Owlet, Inc. shareholders approved Amendments to the Company’s Second Amended and Restated Certificate of Incorporation to effect a reverse stock split of the Company’s Class A common stock, par value $0.0001 per share, at a ratio ranging from any whole number between 1-for-10 to 1-for-20, inclusive, with such ratio to be determined at the 2023-06-23 meeting.

“Proposal No. 2 — Reverse Stock Split Proposal The stockholders approved amendments to the Company’s Second Amended and Restated Certificate of Incorporation to effect a reverse stock split of the Company’s Class A common stock, par value $0.0001 per share (the “Common Stock”), at a ratio ranging from any whole number between 1-for-10 to 1-for-20, inclusive, with such ratio to be determined at the discretion of the Board and reduce the number of authorized shares of Common Stock and unissued authorized shares of the Company’s preferred stock, par value $0.0001 per share. The voting results for this proposal were as follows: For Against Abstentions Broker Non-Votes 105,430,713 730,141 67,233 —”

Owlet, Inc. shareholders approved Election of two Class II directors at the 2023-06-23 meeting.

“On June 23, 2023, Owlet, Inc. (the “Company”) held its 2023 Annual Meeting of Stockholders (the “Annual Meeting”). The Company’s stockholders voted on four proposals at the Annual Meeting, each of which is described in more detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission (the “SEC”) on May 12, 2023, as supplemented with additional soliciting material filed with the SEC on June 9, 2023. The final voting results for each proposal considered and voted upon at the Annual Meeting, as certified by the Company’s inspector of election, are set forth below. Proposal No. 1 — Election of Directors The stockholders elected each of the two nominees for Class II director to serve on the Company’s Board of Directors (the “Board”) until the 2026 annual meeting of stockholders and until his successor is elected and qualified or until such director’s earlier death, resignation, disqualification or removal. Voting results for the nominees were as follo”

Owlet, Inc. received a nyse delisting notice notice regarding other (rules 802.01D).

“Warrants. On June 16, 2023, the NYSE provided written notice to the Company and publicly announced that NYSE Regulation has determined to commence proceedings to delist the Warrants and that the Warrants are no longer suitable for listing based on “abnormally low” price levels, pursuant to Section 802.01D of the NYSE Listed Company Manual. To effect the delisting, the NYSE will apply to the Securities and Exchange Commission to delist the Warrants pending completion of applicable procedures. The Company does not intend to appeal the NYSE’s determination. Trading in the Company’s Class A commo”

Owlet, Inc. reported financial results for three months ended March 31, 2023.

“On May 11, 2023, Owlet, Inc. (the “Company”) issued a press release reporting its financial results for the three months ended March 31, 2023 and other information.”

Owlet, Inc. received a nyse deficiency notice notice regarding market value (rules 802.01B).

“April 4, 2023, Owlet, Inc. (the “Company”) received written notice (the “NYSE Notification”) from the New York Stock Exchange (the “NYSE”) that the Company is not in compliance with Section 802.01B of the NYSE Listed Company Manual because the average global market capitalization of the Company over a consecutive 30 trading-day period and, at the same time, the Company’s last reported stockholders’ equity were each less than $50 million. The Company plans to notify the NYSE that it intends to submit a plan to cure the deficiency and to return to compliance with the NYSE continued listing stand”

Owlet, Inc. amended SVB Amendment with Silicon Valley Bank, now a division of First Citizens Bank and Trust Company (effective 2023-03-27).

“On March 27, 2023, Owlet, Inc., a Delaware corporation (the “Company”), and Owlet Baby Care, Inc., a Delaware corporation and a wholly-owned subsidiary of the Company (“OBCI” and, together with the Company, “Borrower”), entered into a First Amendment (the “SVB Amendment”) to the Third Amended and Restated Loan and Security Agreement (the “Loan Agreement”) with Silicon Valley Bank, now a division of First Citizens Bank and Trust Company”

Kathryn R. Scolnick was appointed as Principal Accounting Officer at Owlet, Inc..

“On March 30, 2023, the Company’s Board of Directors appointed Kathryn R. Scolnick, the Company Chief Financial Officer and principal financial officer, to also serve as the Company’s principal accounting officer, effective with Mr. Yoo’s departure.”

Nathaniel Yoo resigned as Chief Accounting Officer at Owlet, Inc..

“On March 29, 2023, Mr. Nathaniel Yoo, Senior Vice President and Chief Accounting Officer and principal accounting officer of the Company, tendered his resignation from the Company, effective March 31, 2023.”

Owlet, Inc. reported financial results for the three months and year ended December 31, 2022.

“On March 15, 2023, Owlet, Inc. (the “Company”) issued a press release reporting its financial results for the three months and year ended December 31, 2022 and other information.”

Owlet, Inc.: Filed Certificate of Designation for Series A Preferred Stock (effective 2023-02-21).

“the Company filed the Certificate of Designation with the Secretary of State of the State of Delaware on the Closing Date setting forth the terms, rights, obligations and preferences of the Series A Preferred Stock”

Jayson Knafel was appointed as Director at Owlet, Inc..

“The Company appointed Jayson Knafel, an Eclipse designee, to serve as a member of the Board as a Class II Director, for a term expiring at the Company’s annual meeting of stockholders to be held in 2023 and until his respective successor has been elected and qualified or until his earlier death, resignation or removal, effective following the execution of the Stockholders Agreement.”

Owlet, Inc. received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).

“November 29, 2022, Owlet, Inc. (the “Company”) was notified by the New York Stock Exchange (“NYSE”) that the average closing price of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), during the prior 30 consecutive trading days was below $1.00 per share, which is the minimum average closing price required to maintain listing on NYSE under Section 802.01C of the NYSE Listed Company Manual. As required by NYSE, within ten business days of the Company’s receipt of the NYSE notification, the Company plans to notify NYSE of its intent to cure the deficiency and restore”

Owlet, Inc. amended Third Amended and Restated Loan and Security Agreement with Silicon Valley Bank valued at $17.5 million revolving line of credit (effective 2022-11-23).

“On November 23, 2022 (the “Closing Date”), Owlet, Inc., a Delaware corporation (the “Company”) and Owlet Baby Care, Inc., a Delaware corporation and a wholly-owned subsidiary of the Company (“OBCI” and together with the Company, “Borrower”), entered into the Third Amended and Restated Loan and Security Agreement (the “LSA”) with Silicon Valley Bank, a California corporation (“Bank”), as the lender.”

Owlet, Inc. reported the fiscal quarter ended September 30, 2022 results: revenue approximately $17.4 million.

“Generated revenues of approximately $17.4 million in the third quarter of 2022”

Kurt Workman was appointed as President and Chief Executive Officer at Owlet, Inc..

“The board of directors of Owlet, Inc. (the “Company”) appointed the Company’s co-founder and Chief Executive Officer, Kurt Workman, as President and Chief Executive Officer of the Company, effective September 1, 2022.”

Michael Abbott departed as President at Owlet, Inc..

“On August 11, 2022, the Company announced that Michael Abbott, President of the Company, intends to resign as President and as a member of the Company’s Board of Directors (the “Board”) effective September 1, 2022 (the “Separation Date”).”

Ken Suslow resigned as Class II Director at Owlet, Inc..

“On March 28, 2022, Ken Suslow tendered his resignation as a Class II director of the Board of Directors (the “Board”) of Owlet, Inc. (the “Company”), and will step down from the Board and its Audit Committee, effective immediately.”

Nathaniel Yoo was appointed as Chief Accounting Officer at Owlet, Inc..

“On February 10, 2022, the Board of Directors of Owlet, Inc. (the “Company”) appointed Nathaniel Yoo, the Company’s Chief Accounting Officer, to serve as the Company’s principal accounting officer, effective immediately.”