{"id":892177,"date":"2025-10-02T18:42:52","date_gmt":"2025-10-02T22:42:52","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/owlet-announces-new-employee-inducement-grant-under-nyse-rule-303a-08\/"},"modified":"2025-10-02T18:42:52","modified_gmt":"2025-10-02T22:42:52","slug":"owlet-announces-new-employee-inducement-grant-under-nyse-rule-303a-08","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/owlet-announces-new-employee-inducement-grant-under-nyse-rule-303a-08\/","title":{"rendered":"Owlet Announces New Employee Inducement Grant Under NYSE Rule 303A.08"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Owlet Announces New Employee Inducement Grant Under NYSE Rule 303A.08<\/b><\/p>\n<p>LEHI, Utah&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.owletcare.com%2F&amp;esheet=54333521&amp;newsitemid=20251002449438&amp;lan=en-US&amp;anchor=Owlet&amp;index=1&amp;md5=d7e4373b8df6378e8b3b9399c034af52\">Owlet<\/a>, Inc. (NYSE: OWLT) (the \u201cCompany\u201d or \u201cOwlet\u201d), the pioneer of smart infant monitoring, today announced that on September 30, 2025, the Compensation Committee of its Board of Directors approved an equity inducement award to Jordan Thompson, the Company\u2019s Vice President and Corporate Controller. The award was made in connection with Mr. Thompson joining the Company as a material inducement to employment.<\/p>\n<p>\nThe equity inducement award consists of 129,863 restricted stock units (\u201cInducement RSUs\u201d), which will vest as to 33.33% of the underlying shares on May 15, 2026, and as to the remainder in equal installments on a quarterly basis through May 15, 2028, subject to Mr. Thompson\u2019s continued employment with Owlet through each vesting date.<\/p>\n<p>\nThe Compensation Committee of Owlet\u2019s Board of Directors approved the award of the Inducement RSUs in reliance on the employment inducement exemption to shareholder approval under Rule 303A.08 of the New York Stock Exchange Listed Company Manual.<\/p>\n<p><b>About Owlet, Inc.<\/b><\/p>\n<p>\nOwlet\u2019s digital health infant monitoring platform is transforming the journey of parenting. The Company (NYSE: OWLT), a small-cap healthcare growth equity, offers FDA-cleared medical and consumer pediatric wearables and an integrated HD visual and audio camera that provides real-time data and insights to parents who safeguard health, optimize wellness, and ensure peaceful sleep for their children.<\/p>\n<p>\nSince 2012, over two million parents worldwide have used Owlet\u2019s platform, contributing to one of the largest collections of consumer infant health and sleep data. The Company continues to develop software and digital data solutions to bridge the current healthcare gap between hospital and home and bring new insights to parents and caregivers globally. Owlet believes that every child deserves to live a long, happy, and healthy life. To learn more, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.owletcare.com&amp;esheet=54333521&amp;newsitemid=20251002449438&amp;lan=en-US&amp;anchor=www.owletcare.com&amp;index=2&amp;md5=31f86c072c1c9574f9efc3a23296bdaf\">www.owletcare.com<\/a>.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the \u201cReform Act\u201d). All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements. In some cases, you can identify forward-looking statements by terms such as \u201cestimate,\u201d \u201cmay,\u201d \u201cbelieves,\u201d \u201cplans,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201cintends,\u201d \u201cgoal,\u201d \u201cpotential,\u201d \u201cupcoming,\u201d \u201coutlook,\u201d \u201cguidance,\u201d the negation thereof, or similar expressions, although not all forward-looking statements contain these identifying words. Forward-looking statements are based on the Company\u2019s expectations at the time such statements are made, speak only as of the dates they are made and are susceptible to a number of risks, uncertainties and other factors. For all such forward-looking statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Reform Act. The Company\u2019s actual results, performance or achievements may differ materially from any future results, performance or achievements expressed or implied by our forward-looking statements. Many important factors could affect the Company\u2019s future results and cause those results to differ materially from those expressed in or implied by the Company\u2019s forward-looking statements. Such factors include, but are not limited to, (i) the regulatory pathway for Owlet\u2019s products, including submissions to, actions taken by and decisions and responses from regulators, such as the FDA and similar regulators outside of the United States, as well as Owlet\u2019s ability to obtain and maintain regulatory approval or certification for our products and other regulatory requirements and legal proceedings; (ii) Owlet\u2019s competition and the Company\u2019s ability to profitably grow and manage growth; (iii) the Company\u2019s ability to enhance future operating and financial results or obtain additional financing to continue as a going concern; (iv) Owlet\u2019s ability to obtain additional financing in the future, as well risks associated with the Company\u2019s current loan and debt agreements, including compliance with debt covenants, restrictions on the Company\u2019s access to capital, the impact of the Company\u2019s overall debt levels and the Company\u2019s ability to generate sufficient future cash flows to meet Owlet\u2019s debt service obligations and operate Owlet\u2019s business; (v) the ability of Owlet to implement strategic initiatives, reduce costs, grow revenues, develop and launch new products, innovate and enhance existing products, meet customer demands and adapt to changes in consumer preferences and retail trends; (vi) Owlet\u2019s ability to acquire, defend and protect its intellectual property and satisfy regulatory requirements, including but not limited to requirements concerning privacy and data protection, breaches and loss, as well as other risks associated with Owlet\u2019s digital platforms and technologies; (vii) Owlet\u2019s ability to maintain relationships with customers, manufacturers and suppliers and retain Owlet\u2019s management and key employees; (viii) Owlet\u2019s ability to upgrade and maintain its information technology systems; (ix) changes in applicable laws or regulations in the United States and other jurisdictions; (x) the impact of and disruption to Owlet\u2019s business, financial condition, operations, supply chain and logistics due to economic and other conditions beyond the Company\u2019s control, such as health epidemics or pandemics, macro-economic uncertainties, tariffs or trade restrictions, social unrest, hostilities, natural disasters or other catastrophic events; (xi) the possibility that Owlet may be adversely affected by other economic, business, regulatory, competitive or other factors, such as changes in discretionary consumer spending and consumer preferences; and (xii) other risks and uncertainties set forth in the Company\u2019s other releases, public statements and filings with the U.S. Securities and Exchange Commission (\u201cSEC\u201d), including those identified in the \u201cRisk Factors\u201d section of the Company\u2019s Annual Report on Form 10-K, as amended, for the fiscal year ended December 31, 2024, as updated in the Company\u2019s quarterly reports on Form 10-Q, as any such factors may be updated from time to time in the Company\u2019s other filings with the SEC. All such forward-looking statements attributable to the Company or any person acting on the Company\u2019s behalf are expressly qualified in their entirety by the cautionary statements contained or referred to above. Moreover, the Company operates in an evolving environment. Except as required by law, the Company assumes no obligation to update any forward-looking statements after the date of this press release, whether because of new information, future events or otherwise, although Owlet may do so from time to time. The Company does not endorse any projections regarding future performance that may be made by third parties.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251002449438r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20251002449438\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20251002449438\/en\/<\/a><\/span><\/p>\n<p><b>Owlet Media Contact:<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:pr@owletcare.com\">pr@owletcare.com<br \/>\n<\/a><\/p>\n<p><b>Owlet Investor Contact:<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:ir@owletcare.com\">ir@owletcare.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Utah United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Baby\/Maternity Consumer Electronics Technology Health Wearables\/Mobile Technology Health Technology Medical Devices Software Audio\/Video Consumer Parenting<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20251002449438\/en\/2598769\/3\/Owlet_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Owlet Announces New Employee Inducement Grant Under NYSE Rule 303A.08 LEHI, Utah&#8211;(BUSINESS WIRE)&#8211;Owlet, Inc. (NYSE: OWLT) (the \u201cCompany\u201d or \u201cOwlet\u201d), the pioneer of smart infant monitoring, today announced that on September 30, 2025, the Compensation Committee of its Board of Directors approved an equity inducement award to Jordan Thompson, the Company\u2019s Vice President and Corporate Controller. The award was made in connection with Mr. Thompson joining the Company as a material inducement to employment. The equity inducement award consists of 129,863 restricted stock units (\u201cInducement RSUs\u201d), which will vest as to 33.33% of the underlying shares on May 15, 2026, and as to the remainder in equal installments on a quarterly basis through May 15, 2028, subject to Mr. Thompson\u2019s &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/owlet-announces-new-employee-inducement-grant-under-nyse-rule-303a-08\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Owlet Announces New Employee Inducement Grant Under NYSE Rule 303A.08&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-892177","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Owlet Announces New Employee Inducement Grant Under NYSE Rule 303A.08 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/owlet-announces-new-employee-inducement-grant-under-nyse-rule-303a-08\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Owlet Announces New Employee Inducement Grant Under NYSE Rule 303A.08 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Owlet Announces New Employee Inducement Grant Under NYSE Rule 303A.08 LEHI, Utah&#8211;(BUSINESS WIRE)&#8211;Owlet, Inc. (NYSE: OWLT) (the \u201cCompany\u201d or \u201cOwlet\u201d), the pioneer of smart infant monitoring, today announced that on September 30, 2025, the Compensation Committee of its Board of Directors approved an equity inducement award to Jordan Thompson, the Company\u2019s Vice President and Corporate Controller. The award was made in connection with Mr. Thompson joining the Company as a material inducement to employment. The equity inducement award consists of 129,863 restricted stock units (\u201cInducement RSUs\u201d), which will vest as to 33.33% of the underlying shares on May 15, 2026, and as to the remainder in equal installments on a quarterly basis through May 15, 2028, subject to Mr. Thompson\u2019s &hellip; Continue reading &quot;Owlet Announces New Employee Inducement Grant Under NYSE Rule 303A.08&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/owlet-announces-new-employee-inducement-grant-under-nyse-rule-303a-08\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-02T22:42:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251002449438r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/owlet-announces-new-employee-inducement-grant-under-nyse-rule-303a-08\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/owlet-announces-new-employee-inducement-grant-under-nyse-rule-303a-08\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Owlet Announces New Employee Inducement Grant Under NYSE Rule 303A.08\",\"datePublished\":\"2025-10-02T22:42:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/owlet-announces-new-employee-inducement-grant-under-nyse-rule-303a-08\\\/\"},\"wordCount\":1107,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/owlet-announces-new-employee-inducement-grant-under-nyse-rule-303a-08\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20251002449438r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/owlet-announces-new-employee-inducement-grant-under-nyse-rule-303a-08\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/owlet-announces-new-employee-inducement-grant-under-nyse-rule-303a-08\\\/\",\"name\":\"Owlet Announces New Employee Inducement Grant Under NYSE Rule 303A.08 - 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(NYSE: OWLT) (the \u201cCompany\u201d or \u201cOwlet\u201d), the pioneer of smart infant monitoring, today announced that on September 30, 2025, the Compensation Committee of its Board of Directors approved an equity inducement award to Jordan Thompson, the Company\u2019s Vice President and Corporate Controller. The award was made in connection with Mr. Thompson joining the Company as a material inducement to employment. The equity inducement award consists of 129,863 restricted stock units (\u201cInducement RSUs\u201d), which will vest as to 33.33% of the underlying shares on May 15, 2026, and as to the remainder in equal installments on a quarterly basis through May 15, 2028, subject to Mr. Thompson\u2019s &hellip; Continue reading \"Owlet Announces New Employee Inducement Grant Under NYSE Rule 303A.08\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/owlet-announces-new-employee-inducement-grant-under-nyse-rule-303a-08\/","og_site_name":"Market Newsdesk","article_published_time":"2025-10-02T22:42:52+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251002449438r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/owlet-announces-new-employee-inducement-grant-under-nyse-rule-303a-08\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/owlet-announces-new-employee-inducement-grant-under-nyse-rule-303a-08\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Owlet Announces New Employee Inducement Grant Under NYSE Rule 303A.08","datePublished":"2025-10-02T22:42:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/owlet-announces-new-employee-inducement-grant-under-nyse-rule-303a-08\/"},"wordCount":1107,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/owlet-announces-new-employee-inducement-grant-under-nyse-rule-303a-08\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251002449438r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/owlet-announces-new-employee-inducement-grant-under-nyse-rule-303a-08\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/owlet-announces-new-employee-inducement-grant-under-nyse-rule-303a-08\/","name":"Owlet Announces New Employee Inducement Grant Under NYSE Rule 303A.08 - 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