Every material Form 8-K Owlet, Inc. has filed with the SEC since July 01, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
At its August 12, 2026 annual meeting, Owlet stockholders approved Amendment No. 3 to the 2021 Incentive Award Plan, adding 600,000 shares available for issuance, plus annual increases through January 1, 2031. They also elected two Class II directors, approved executive pay on an advisory basis, and chose annual say-on-pay votes, so the outcome adds shares to the equity pool that could dilute existing holders.
Plan amendment approved by a combined vote of 15,195,347 for and 5,379,951 against, with 23,704 abstentions
Marc F. Stoll and Kurt Workman elected as Class II directors, serving until the 2029 annual meeting
Non-binding say-on-pay vote approved; stockholders favored annual say-on-pay votes (20,104,741 votes for one year)
PricewaterhouseCoopers LLP ratified as independent registered public accounting firm for fiscal 2026
Owlet reported second-quarter 2026 revenue of $33.9 million, up 29.9% from a year earlier, and a net loss of $0.6 million, compared with $37.4 million in the second quarter of 2025. Results include a one-time $3.75 million tariff refund benefit to Adjusted EBITDA, and the company raised its 2026 gross margin and Adjusted EBITDA outlook while leaving its revenue outlook unchanged. The company also said it will revise prior-period financial statements to correct stock-based compensation errors.
Q2 2026 revenue was $33.9 million, up from $26.1 million in Q2 2025; subscription revenue was $3.2 million, up $2.4 million.
Q2 2026 net loss was $0.6 million, versus $37.4 million a year earlier; excluding the $3.75 million tariff refund impact, the net loss was $4.4 million.
2026 Adjusted EBITDA outlook raised to $10.75 to $12.75 million from $7 to $9 million; the company said the increase reflects only the one-time $3.75 million refund.
Prior-period financial statements, including the quarter ended March 31, 2026, will be revised for stock-based compensation errors in the Form 10-Q expected by August 14, 2026.
On June 26, 2026, Owlet and its subsidiary Owlet Baby Care entered a $25 million asset-based revolving credit facility with Wells Fargo, which refinanced the subsidiary's existing ABL line of credit and WTI term loan. The company's press release says the new margin of SOFR plus 2.00% to 2.25% is well below the previous SOFR plus 7.50% to 8.50%, and it reports total liquidity of about $33.8 million as of June 26, 2026. The facility is secured by substantially all personal property assets and guaranteed by Owlet, and it carries a $7.5 million minimum liquidity covenant and EBITDA thresholds.
New $25 million revolving facility with Wells Fargo dated June 26, 2026; can be increased to $35 million with lender approval
OBCI drew $17,063,000 on June 26, 2026 and used the proceeds to repay the ABL line of credit and WTI term loan
Margin falls to SOFR plus 2.00% to 2.25%, versus SOFR plus 7.50% to 8.50% on the previous ABL facility, per the press release
Facility matures on the third anniversary of June 26, 2026; requires at least $7.5 million of liquidity at all times
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Owlet, Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →