Owlet to Simplify Capital Structure Through Exchange of Series A and Series B Warrants for Common Stock

LEHI, Utah--(BUSINESS WIRE)---- $owlt #investorrelations--Owlet, Inc. (“Owlet” or the “Company”) (NYSE: OWLT), the pioneer of smart infant monitoring, today announced an agreement with a majority of the holders of the Company’s Series A and Series B warrants to exchange their warrants for common stock. “We’re very pleased to simplify our capital structure through today’s announced warrant exchange,” said Jonathan Harris, Owlet’s President. “The successful exchange of these warrants will be an important milestone that we be