Today's Date: February 3, 2023
Government of Canada to support clean air and local economic growth by powering federal operations in Alberta and Saskatchewan w   •   Hyundai and TEN Advertising Develop Their First Asian American Campaign "My Love, My Son-in-Law" for the Tucson SUV   •   Founder’s Day: Reflecting on a legacy of Black history at St. Jude Children’s Research Hospital   •   Conemaugh Miners Medical Center and Conemaugh Meyersdale Medical Center Achieve Designation as Lifepoint Health National Quality   •   Joaquin Sabina in USA   •   The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Veru Inc. (VERU)   •   Scottsdale Tesla Drivers Club and PS Academy Arizona Work Together on Tesla Cybertruck Build   •   Introduction of Diagnostic and Supplemental Imaging Legislation Would Benefit Thousands of Marylanders   •   Worldwide Shipments of Tablets and Chromebooks Declined Sharply in 2022, According to IDC Tracker   •   American Marketing Association San Diego Launches New Sandie Awards and Opens Call for Entries   •   The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Affirm Holdings, Inc.   •   US Fertility founding partner Shady Grove Fertility (SGF) announces Egg Freezing for Surgical Residents Program in celebration o   •   Experiences of Black Women With Breast Cancer Highlight Need for Better Care, Improved Outcomes   •   INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Invivyd, Inc. f/k/   •   General Dynamics Elects Richard Clarke to Board of Directors   •   TWO PUBLIC ALLIES ALUMNI JOIN THE NATIONAL BOARD OF DIRECTORS   •   SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Honda Motor Co., Ltd. with Losses of $100,000 to Contact t   •   Feinstein Institutes researcher discovers potential therapeutic target for lethal sepsis   •   Boston Celtics and Sun Life close out 9th annual Fit to Win youth program with Celtics forward Justin Jackson at trampoline park   •   The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against NeoGenomics, Inc. (NE
Bookmark and Share

Owlet Receives Notice Regarding NYSE Continued Listing Standards

LEHI, Utah , December 05 /Businesswire/ - Owlet, Inc. (NYSE: OWLT) (the “Company”) reports that on November 29, 2022, it received notice from the New York Stock Exchange (“NYSE”) that as of November 28, 2022, the average closing price of the Company’s common stock was less than $1.00 per share over a period of 30 consecutive trading days, and the Company is therefore not in compliance with Section 802.01C of the NYSE Listed Company Manual.

As required by the NYSE, the Company plans to notify the NYSE within the prescribed period of the Company’s intent to cure the deficiency and restore its compliance within six months of its receipt of the notice. The Company can regain compliance with the NYSE continued listing standards at any time during the six-month cure period if on the last trading day of any calendar month during the cure period, the Company’s common stock has a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month.

The Company’s management team is evaluating all possible options to restore compliance and increase value for Company shareholders. Also, the notice has no immediate impact on the listing or trading of the Company’s shares of common stock or warrants, which will continue to be listed and traded on the NYSE during this period, subject to the Company’s compliance with other NYSE continued listing standards and other rights of the NYSE to delist the stock.

About Owlet, Inc.

Owlet was founded by a team of parents in 2012. Owlet’s mission is to empower parents with the right information at the right time, to give them more peace of mind and help them find more joy in the journey of parenting. Owlet’s digital parenting platform aims to give parents real-time data and insights to help parents feel more calm and confident. Owlet believes that every parent deserves peace of mind and the opportunity to feel their well-rested best. To learn more, visit www.owletcare.com.


STORY TAGS: Business Update, United States, North America, Technology, Parenting, Children, Baby/Maternity, Other Health, Health, Consumer, General Health, Consumer Electronics, Utah,

Video

White House Live Stream
LIVE VIDEO EVERY SATURDAY
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Video

LIVE BROADCASTS
Sounds Make the News ®
WAOK-Urban
Atlanta - WAOK-Urban
KPFA-Progressive
Berkley / San Francisco - KPFA-Progressive
WVON-Urban
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
WADO-Spanish
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
WOL-Urban
Washington - WOL-Urban

Listen to United Natiosns News