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Owlet (NYSE:OWLT [https://seekingalpha.com/symbol/OWLT]) on Tuesday said it plans to offer shares of its Class A common stock in an underwritten public offering.
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The company will also grant underwriters a 30-day option to buy up to 15% additional shares at the offering price, less discounts and commissions.
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All shares will be sold by Owlet, which intends to use the proceeds for commercialization, R&D, and general corporate purposes.
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The offering is subject to market conditions, the company said.
* OWLT -6.14% after hours to $8.1.
* Source: Press Release [https://seekingalpha.com/pr/20274588-owlet-inc-announces-proposed-public-offering-of-class-a-common-stock]
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* Owlet Keeps Delivering Growth While The Market Sleeps [https://seekingalpha.com/article/4828425-owlet-keeps-delivering-growth-while-market-sleeps]
* Owlet projects up to $100M 2025 revenue with new CEO transition and expanded pediatric health platform [https://seekingalpha.com/news/4482776-owlet-projects-up-to-100m-2025-revenue-with-new-ceo-transition-and-expanded-pediatric-health]
* Seeking Alpha’s Quant Rating on Owlet [https://seekingalpha.com/symbol/OWLT/ratings/quant-ratings]
Owlet announces proposed public offering of Class A common stock
Published 2 weeks ago
Oct 21, 2025 at 9:41 PM
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