UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 2.02. Results of Operations and Financial Condition.
On November 10, 2021, Owlet, Inc. (the “Company”) announced financial results for the three and nine months ended September 30, 2021. The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
In addition, the Company hosted a conference call on November 10, 2021 to discuss its financial results for the three and nine months ended September 30, 2021. During this conference call, the Company reported that, of its third quarter 2021 revenue growth of 48.8% compared to the same prior year period, international revenue accounted for 10.6%. The Company’s international business generated $6 million in revenue in the first nine months of 2021, representing 8.3% of the Company’s total revenue for the period and an increase of 159.6% over the same prior year period.
The information in this Item 2.02 of this Current Report on Form 8-K (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. |
Description | |
| 99.1 | Press Release, dated November 10, 2021. | |
| 104 | Cover Page Interactive Data file (embedded within the Inline XBRL document) | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Owlet, Inc. | ||||||
| Date: November 16, 2021 | By: | /s/ Kate Scolnick | ||||
| Name: | Kate Scolnick | |||||
| Title: | Chief Financial Officer | |||||