Owlet, a tech company focusing on smart baby monitoring, announced it would proceed with a 1-for-14 reverse stock split of its Class A common stock effective July 7.
The announcement comes just one week after the company reported it obtained FDA clearance for its prescription pulse oximetry sock for infants dubbed BabySat.
The stock will trade on a split-adjusted basis when the New York Stock...
On Friday morning, baby tech company Owlet went public in a SPAC merger deal with Sandbridge Acquisition Corp. The company is trading for just under $10 per share on the New York Stock Exchange.
As part of the deal, Sandbridge and the concurrent private placement (PIPE) will provide Owlet $135 million to speed up its product line and will boost the company's valuation to more than $1 billion. ...
Editor's note: This article has been updated with original quotes from the heads of Owlet Baby Care and Sandbridge Acquisition.
Owlet Baby Care, the maker of connected infant-monitoring products targeted at consumers, today announced its plans to merge with Sandbridge Acquisition Corporation, a special purpose acquisition company (SPAC) backed by Sandbridge Capital and PIMCO private funds, and to...
Nanit, maker of wearable baby sleep-trackers and monitors, scored $21 million in new growth funding. Jerusalem Venture Partners (JVP), Upfront Ventures, RRE Ventures and Rho Capital Partners led the round.
This new infusion of cash brings the New York-based startup’s total funding pot to $50 million.
WHAT THEY DO
Nanit specializes in tracking infants' sleep and breathing. Last June it released...
Baby-focused tech company Nanit released a new line of infant clothing called Breathing Wear that, when combined with its smart camera and app, lets new parents keep tabs on their child’s sleep and breathing patterns.
In order for it to work, parents place Nanit's camera above their baby’s crib. The camera can then interpret the customized pattern on the baby’s clothing item, and translate that...
VivaLnk, a Santa Clara-based connected health startup, has received FDA clearance for its first device, a peel-and-stick continuous thermometer for children called Fever Scout. VivaLnk announced Fever Scout at CES 2015 and originally planned to launch it that year, but has delayed the launch more than once. FDA clearance could mean the device will finally hit the market soon.
Update: VivaLnk...
