Kessler Topaz Meltzer & Check, LLP and Pomerantz LLP Reveal Proposed Class Action Settlements for Sandbridge Acquisition Corporation and Owlet, Inc. Common Stock and Warrant Holders
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 27 2025
0mins
Should l Buy OWLT?
Source: Globenewswire
Class Action Settlements Announced: Kessler Topaz Meltzer & Check, LLP and Pomerantz LLP have proposed class action settlements for owners of Sandbridge Acquisition Corporation and purchasers of Owlet, Inc. common stock and warrants, totaling $5.25 million.
Settlement Classes Defined: The settlements involve two classes: the Section 10(b) Settlement Class for those who purchased Owlet securities between March 31, 2021, and October 4, 2021, and the Section 14(a) Settlement Class for Sandbridge shareholders eligible to vote on July 14, 2021.
Hearing Scheduled: A court hearing is set for February 6, 2026, to determine the approval of the settlements, class certifications, and attorneys' fees, with updates available on the settlement website.
Claim Submission Requirements: Members of the settlement classes must submit a Claim Form by specified deadlines (December 12, 2025, for the 14(a) Class and January 17, 2026, for the 10(b) Class) to be eligible for settlement proceeds.
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Analyst Views on OWLT
Wall Street analysts forecast OWLT stock price to rise
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 11.550
Low
13.00
Averages
17.33
High
20.00
Current: 11.550
Low
13.00
Averages
17.33
High
20.00
About OWLT
Owlet, Inc. operates as a digital parenting platform company. The Company offers FDA-authorized medical and consumer pediatric wearables and an integrated HD visual and audio camera that provide real-time data and insights to parents who safeguard health, optimize wellness, and ensure peaceful sleep for their children. Its products include Owlet Dream Sock, an app to assist children with better sleep; Owlet Cam, a video streaming app to hear and see the baby from anywhere, and Owlet Monitor Duo. Its sock monitor offerings include Smart Sock, Dream Sock and BabySat. Its Cam offerings include Cam 1 and Cam 2. Combining Dream Sock or Owlet Smart Sock with Owlet Cam, this baby monitoring solution offers HD video, sleep insights, and health tracking to offer an extensive view into an infant's well-being. Its accessories product line includes the Owlet Sleeper, a wearable rayon blanket that encourages safe sleep, best for babies ages three-six months old, and an Owlet Sock Travel Case.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- PR Agency Selection: Owlet has chosen Hannah Cranston Media as its public relations agency following a competitive review, leveraging HCM's expertise in health tech and consumer innovation to enhance brand visibility in cultural and industry conversations.
- International Market Expansion: Owlet has monitored over 2.5 million babies across 30+ countries and successfully launched its Dream Sock in Australia, New Zealand, and South Africa, with plans to expand into India, a market with approximately 23 million annual births, showcasing its international growth strategy.
- Enhanced Product Ecosystem: Owlet's Dream Sock is the only FDA-cleared smart baby monitor on the market, complemented by products like Dream Sight and Dream Duo, creating a robust ecosystem that meets parents' health monitoring needs and sets a new standard in pediatric wellness.
- Strategic Partnerships: Owlet has formed a strategic partnership with webAI to build personalized intelligence from its proprietary dataset, enhancing user experience, while also collaborating with durable medical equipment partners to expand insurance-supported access to its prescription pulse oximeter, BabySat.
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- Industry Experience Synergy: With over 40 years of experience in pediatric respiratory care and operating from more than 25 locations, PromptCare's clinically trained workforce will support Owlet's product distribution, significantly increasing market penetration and brand recognition.
- Brand Legitimacy Enhancement: This collaboration will bolster Owlet's position within the pediatric DME channel, enhance its brand legitimacy in hospital-to-home care pathways, and create more referral opportunities for both organizations, driving sales growth.
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Owlet Investment Opportunities Explored
- Market Trend Insights: In the latest Motley Fool video, analysts discuss Owlet's market trends, noting that while it did not make the top 10 stock recommendations, its market potential remains intriguing.
- Investment Return Comparison: Compared to historical returns from Netflix and Nvidia, the Motley Fool Stock Advisor boasts an average return of 885%, significantly outperforming the S&P 500's 192%, highlighting the importance of stock selection.
- AI and Investment Outlook: The video mentions the potential for AI to create the world's first trillionaire, suggesting Owlet's potential in technological innovation, even though it is not currently recommended, it may attract future investor interest.
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See More
Owlet Selects HCM as Public Relations Agency
- PR Agency Selection: Owlet has chosen Hannah Cranston Media as its public relations agency following a competitive review, leveraging HCM's expertise in health tech and consumer innovation to enhance brand visibility in cultural and industry conversations.
- International Market Expansion: Owlet has monitored over 2.5 million babies across 30+ countries and successfully launched its Dream Sock in Australia, New Zealand, and South Africa, with plans to expand into India, a market with approximately 23 million annual births, showcasing its international growth strategy.
- Enhanced Product Ecosystem: Owlet's Dream Sock is the only FDA-cleared smart baby monitor on the market, complemented by products like Dream Sight and Dream Duo, creating a robust ecosystem that meets parents' health monitoring needs and sets a new standard in pediatric wellness.
- Strategic Partnerships: Owlet has formed a strategic partnership with webAI to build personalized intelligence from its proprietary dataset, enhancing user experience, while also collaborating with durable medical equipment partners to expand insurance-supported access to its prescription pulse oximeter, BabySat.
See More
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- Strategic Partnership: Owlet has formed a partnership with PromptCare to expand its clinical and durable medical equipment (DME) footprint across the U.S., enhancing access to its FDA-cleared BabySat pulse oximeter through established pediatric care pathways, thereby strengthening its market competitiveness.
- Industry Experience Synergy: With over 40 years of experience in pediatric respiratory care and operating from more than 25 locations, PromptCare's clinically trained workforce will support Owlet's product distribution, significantly increasing market penetration and brand recognition.
- Brand Legitimacy Enhancement: This collaboration will bolster Owlet's position within the pediatric DME channel, enhance its brand legitimacy in hospital-to-home care pathways, and create more referral opportunities for both organizations, driving sales growth.
- Incremental Shipment Expectations: As pilot programs expand, PromptCare is expected to contribute additional unit shipments for Owlet, further propelling the company's growth in the pediatric health monitoring device market.
See More
OWLET FORGES STRATEGIC DME ALLIANCE WITH PROMPTCARE TO BROADEN DISTRIBUTION OF BABYSAT® PEDIATRIC PULSE OXIMETER
Strategic Partnership Announcement: Owlet has announced a strategic partnership with PromptCare to enhance the distribution of pediatric pulse oximeters.
Expansion of Distribution: The collaboration aims to expand the availability of Owlet's BabySat® product, which is designed for monitoring infants' oxygen levels.
See More
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- Change in Holdings: Amazon's holdings have undergone a change as of December 31, 2025, compared to the previous quarter ending September 30, 2025.
- Comparison of Quarters: The article highlights the differences in Amazon's financial standings between the two specified quarters.
See More
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- Amazon's Stake Dissolution: Amazon has dissolved its stake in three companies: Nowlet Inc., Smart Rent Inc., and Vital Farms Inc.
- Impact on Investments: This decision reflects Amazon's strategic shift and may influence its investment portfolio and future business directions.
See More
Owlet Investment Opportunities Explored
- Market Trend Insights: In the latest Motley Fool video, analysts discuss Owlet's market trends, noting that while it did not make the top 10 stock recommendations, its market potential remains intriguing.
- Investment Return Comparison: Compared to historical returns from Netflix and Nvidia, the Motley Fool Stock Advisor boasts an average return of 885%, significantly outperforming the S&P 500's 192%, highlighting the importance of stock selection.
- AI and Investment Outlook: The video mentions the potential for AI to create the world's first trillionaire, suggesting Owlet's potential in technological innovation, even though it is not currently recommended, it may attract future investor interest.
- Community Value in Investing: Motley Fool encourages investors to join its community to share insights; although Owlet is not on the recommended list, its market performance remains noteworthy, especially in the rapidly evolving tech sector.
See More
