Owlet, Inc. Announces Proposed Public Offering of Class A Common Stock

Core Viewpoint - Owlet, Inc. has announced a proposed underwritten public offering of its Class A common stock, indicating a strategic move to raise capital in the smart infant monitoring sector [1] Company Summary - Owlet, Inc. is recognized as a pioneer in smart infant monitoring technology, highlighting its innovative position within the industry [1] - The company plans to grant underwriters a 30-day option to purchase additional shares, up to 15% of the shares offered in the public offering, which suggests confidence in demand for its stock [1]