Owlet, Inc. 8-K

What Happened
Owlet, Inc. (OWLT) filed a Form 8-K on February 5, 2026 reporting that the court hearing on the proposed settlement in the matter captioned Vargas v. Workman, et al., No. 2:24-cv-07258-FLA (C.D. Cal.), has been continued. The hearing date was moved from February 6, 2026 to February 25, 2026. The company filed an updated "Notice of Pendency of Settlement of Action" as Exhibit 99.1 to reflect the continuance.

Key Details

• Case: Vargas v. Workman, et al., No. 2:24-cv-07258-FLA (C.D. Cal.).
• Hearing rescheduled from February 6, 2026 to February 25, 2026.
• Owlet filed an updated long-form notice (Exhibit 99.1) as required by the court.
• Form 8-K was signed by CFO Amanda Crawford and dated February 5, 2026.

Why It Matters
This filing confirms the settlement process in the Vargas matter is still active but its court approval timeline has been delayed. No settlement terms, financial amounts, or impacts on Owlet’s financial statements were disclosed in this 8-K. Investors should view this as a procedural update and monitor future filings for any material disclosures about settlement terms, potential liabilities, or timing of any payments or distributions.