Owlet Inc. is currently involved in a consolidated stockholder derivative litigation in the United States District Court for the Central District of California. The case, titled In re Owlet, Inc. Derivative Litigation, concerns claims brought by certain stockholders on behalf of the company. A proposed settlement has been reached between the parties and is pending court approval. The settlement terms have been outlined in a written stipulation, and current Owlet stockholders have been notified of their rights, including the right to object to the settlement. Any objections must be submitted in writing and comply with specific requirements and deadlines set by the court. A Settlement Hearing will be held to consider final approval of the agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Owlet Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001816708-26-000004), on February 05, 2026, and is solely responsible for the information contained therein.