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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the 2021 de-SPAC merger of Owlet, Inc. (f/k/a Sandbridge Acquisition Corp.) (“Owlet” or the “Company”) (NASDAQ: OWLT). Shortly after the Owlet 2021 de-SPAC merger closed, Owlet stock began spiraling downwards.
The Owlet de-SPAC merger investigation concerns whether the Board of Owlet has harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.
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