SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of an Investigation into the Fairness of Owlet's De-SPAC Merger

NEW YORK, May 24, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Owlet, Inc. (f/k/a Sandbridge Acquisition Corp.) (NASDAQ: OWLT).

The Gross Law Firm has commenced an investigation into the fairness of Owlet's 2021 de-SPAC merger. 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.

OWLET SHAREHOLDERS SHOULD CONTACT US HERE:
https://securitiesclasslaw.com/mna/owlet-inc-merger-investigation-contact-form/

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

SOURCE The Gross Law Firm

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