Levi & Korsinsky Commences Investigation into Owlet’s 2021 de-SPAC Merger

Levi & Korsinsky, LLP, a nationally recognized law firm, has announced that it has initiated an investigation into the fairness of Owlet’s 2021 de-SPAC merger. The investigation focuses on whether the Board of Owlet has acted in the best interests of its stockholders and whether all material facts have been properly disclosed.

Following the completion of the de-SPAC merger, Owlet’s stock experienced a downward trend, prompting concerns among investors. Levi & Korsinsky aims to assess whether stockholders have been harmed by the agreement to enter into this transaction and if any crucial information has been withheld.

Levi & Korsinsky, LLP is known for its expertise in prosecuting securities litigation involving financial fraud. With offices in New York, Connecticut, California, and Washington, D.C., the firm has successfully represented investors nationwide and recovered substantial amounts for aggrieved shareholders.

Investors who purchased Owlet, Inc. (formerly known as Sandbridge Acquisition Corp.) stock prior to July 14, 2021, are encouraged to visit https://www.zlk.com/mna2/owlet-inc-f-k-a-sandbridge-acquisition-corp-information-request-form or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500 to learn more about their rights and the ongoing investigation.

Please note that this announcement does not impose any cost or obligation on stockholders. Levi & Korsinsky will diligently examine the facts surrounding the de-SPAC merger to ensure transparency and protect the interests of investors.