Owlet Announces New $25 Million Credit Facility with Wells Fargo, Significantly Reducing Borrowing Costs and Enhancing Financial Flexibility

Owlet, Inc. announced it entered a new $25 million asset-based revolving credit facility on June 26, 2026. The financing improves near-term liquidity and funding flexibility, which is generally supportive for the company’s balance sheet.

Analysis

Owlet, Inc. announced it entered a new $25 million asset-based revolving credit facility on June 26, 2026. The financing improves near-term liquidity and funding flexibility, which is generally supportive for the company’s balance sheet.