Owlet regains NYSE listing standard compliance

Owlet “announced that it has received formal notice from the New York Stock Exchange that the Company has regained compliance with the NYSE’s continued listing standards. As previously disclosed, on April 4, 2023, Owlet was notified by the NYSE that the Company was not in compliance with Section 802.01B of the NYSE Listed Company Manual because its average global market capitalization over a consecutive 30-day trading day period was less than $50 million and, at the same time, its last reported stockholders’ equity was less than $50 million.”