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OWLET INC WTS 8-K Filings

OWLTW OTC

Every 8-K that OWLET INC WTS (OWLTW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow OWLTW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full OWLTW filings page.

Rhea-AI Summary

Owlet, Inc. has entered into a new asset-based revolving credit facility with Wells Fargo, providing up to $25 million in borrowing capacity and replacing its prior line of credit and term loan. On June 26, 2026, its subsidiary drew about $17.1 million to repay and extinguish the previous facilities.

The new revolver carries an interest rate of daily SOFR plus 2.00% to 2.25%, compared with SOFR plus 7.50% to 8.50% under the former credit arrangements, materially lowering borrowing costs. Following the refinancing, total liquidity, including cash and available capacity, was approximately $33.8 million as of June 26, 2026.

The facility matures three years from closing and can, with lender approval, be increased to $35 million. It is fully guaranteed by Owlet, secured by substantially all personal property of the company and borrower, and includes covenants such as maintaining at least $7.5 million of liquidity and meeting specified minimum EBITDA thresholds, with customary default and remedy provisions.

Rhea-AI Summary

Owlet, Inc. is postponing its 2026 Annual Meeting of Stockholders from July 10, 2026 to August 12, 2026, at 1:00 p.m. Eastern Time, due to scheduling conflicts. The meeting will be held via remote communication.

The Board set the close of business on June 15, 2026 as the new record date for stockholders entitled to receive notice of, and vote at, the 2026 meeting. Because the meeting date moved more than 30 days from the prior year’s anniversary, stockholders now have until June 15, 2026 to submit proposals for inclusion in the proxy statement under Rule 14a-8 or to raise other business or director nominations in accordance with the company’s bylaws and Rule 14a-19(b).

Rhea-AI Summary

Owlet, Inc. reported first quarter 2026 revenue of $22.5 million, up 6.4% from $21.1 million a year earlier, driven mainly by growth in its Owlet360 subscription service. Subscription revenue reached $2.7 million, and overall gross margin improved to 54.5%.

The company recorded a net loss of $3.3 million versus net income of $3.0 million in Q1 2025, as operating expenses rose to $17.7 million. Owlet now expects 2026 revenue of $118–$122 million, but has raised its 2026 adjusted EBITDA guidance to $7–$9 million, targeting 250%–350% growth over 2025.

Rhea-AI Summary

Owlet, Inc. announced that its Board appointed co-founder Kurt Workman as President and Chief Executive Officer, effective April 6, 2026, succeeding Jonathan Harris. Workman will also serve as the Company’s principal executive officer and will remain on the Board, but will no longer be Executive Chairman.

In connection with Harris’s separation, Owlet entered into a Separation and Release Agreement providing 12 months of continued base salary, a prorated 2026 bonus based on actual performance, and accelerated vesting of all his outstanding equity awards.

Owlet also signed an Employment Offer Letter with Workman, setting an annual base salary of $500,000 and an annual cash performance bonus target equal to 70% of base salary, subject to Company and individual performance. As a Tier 1 participant in the Executive Change in Control Severance Plan, if terminated without Cause or he resigns for Good Reason, Workman may receive 12 months of base salary, a prorated bonus for the year of termination based on actual results and days worked, and immediate vesting of all unvested equity awards.

Rhea-AI Summary

Owlet, Inc. reported strong growth for 2025, with revenue rising to $105.7 million, up 35.4% from 2024, driven largely by higher sales of Dream Sock and Dream Duo products and growing subscription revenue. Full-year gross profit increased to $53.5 million and gross margin was 50.6%.

The company narrowed its operating loss to $8.3 million from $20.2 million and delivered adjusted EBITDA of $2.0 million, improving from a $1.8 million loss. GAAP net loss widened to $39.7 million, mainly due to a non-cash $26.6 million common stock warrant liability adjustment.

For 2026, Owlet expects revenue between $126 million and $130 million, implying high-teens to low-20s growth, gross margins of 49%–52% including tariff costs, and adjusted EBITDA of $3 million to $5 million. Management highlights more than 110,000 paying Owlet360 subscribers as an important recurring-revenue foundation.

Rhea-AI Summary

Owlet, Inc. (OWLT) furnished a press release announcing its financial results for the three months ended September 30, 2025 and noting related management changes. The company provided the release as Exhibit 99.1 to a Form 8-K.

The information was furnished under Item 2.02 and, as stated, is not deemed “filed” under the Exchange Act. The filing also lists the cover page Inline XBRL data as Exhibit 104. Owlet’s Class A common stock trades on the NYSE under the symbol OWLT, and the company is identified as an emerging growth company.