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OWLT - Owlet receives NYSE notice on non-compliance
Owlet Inc Cl A
2023-04-10 16:14:38 ET
Owlet ( NYSE: OWLT ) said on Monday that it has received an NYSE notice on non-compliance.
The digital parenting platform's average global market capitalization over a consecutive 30 trading day period was less than $50M, and also its last reported stockholders' equity was less than $50M.
Owlet is set to submit a plan to cure the deficiency to the stock exchange within 45 days.