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Lehi based Owlet closes business combination with SPAC to begin trading on the NYSE

PRESS RELEASE: LEHI, Utah–(BUSINESS WIRE)–Owlet, Inc. (NYSE: OWLT) (“Owlet” or the “Company”), a company building a connected and accessible nursery ecosystem that brings technology and vital data to modern parenting, today announced that it has completed its business combination with Sandbridge Acquisition Corporation. (NYSE: SBG) (“Sandbridge”), a special purpose acquisition company. The business combination and concurrent private placement, which were approved by Sandbridge’s stockholders at its special meeting held on July 14, 2021, provide over $135 million to accelerate the Company’s expansive product pipeline, deepen penetration, and expand globally.
“Since day one at Owlet, we have been dedicated to helping parents find joy and extra peace of mind in parenting, informed by technology and health data” ....

United States , Laura Durr , Amy Mccullough , Lior Susan , Ken Suslow , Zane Burke , John Kim , Michael Abbott , York Stock Exchange , Owlet Dream Lab , Owlet Inc , Sandbridge Acquisition Corporation , Sandbridge Acquisition , New York Stock Exchange , Kurt Workman , Chief Executive Officer , Owlet Smart Sock , Owlet Cam , Kate Scolnick , Chief Financial Officer , Zack Bomsta , Chief Technology Officer , Jordan Monroe , Chief Innovation Officer , Caryn Johnson , Chief Marketing Officer ,

Sandbridge Acquisition Corporation : Stockholders Approve Business Combination with Owlet

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Sandbridge Acquisition Corporation (NYSE: SBG) (“Sandbridge”) announced that its stockholders have approved all proposals related to the previously announced business combination (the “Business Combination”) with Owlet Baby Care Inc. (“Owlet”) at a special meeting of stockholders held on July 14, 2021. Approximately 92% of the votes cast at the meeting on the Business Combination proposal, representing approximately 79% of Sandbridge’s outstanding shares, voted to approve the Business Combination.
The closing of the Business Combination is anticipated to occur on or about July 15, 2021. Following the closing, the combined company will operate as Owlet, Inc. and its shares of Class A common stock and warrants are expected to trade on the New York Stock Exchange beginning July 16, 2021 under the symbols “OWLT” and “OWLT WS,” respectively. ....

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Will Large Redemptions Force a Change in Sponsor Economics?

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Gensler's SEC Announces Its Presence in SPAC Land

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Sandbridge Acquisition Corporation Stockholders Approve Business Combination with Owlet

Sandbridge Acquisition Corporation Stockholders Approve Business Combination with Owlet
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