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NEW YORK, April 3, 2021 /PRNewswire/ Â Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm ratedÂ
Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating
 Sandbridge Acquisition Corp. ( SBG or the Company ) (
SBG
)Â relating to its proposed merger with Owlet Baby Care. Under the terms of the agreement, SBG will acquire Owlet through a reverse merger, with Owlet emerging as a publicly traded company.
The investigation focuses on whether Sandbridge Acquisition Corp. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether the transaction is properly valued.
Search jobs 09-Mar-2021 Owlet Bolsters Growth Opportunity by Appointing 25-year healthcare veteran coming from Philips as New Healthcare General Manager
Senior leadership team is strengthened to help drive the connected nursery ecosystem platform and telehealth-related growth opportunities
LEHI, Utah (BUSINESS WIRE)
Owlet Baby Care Inc. (“Owlet” or the “Company”), the connected nursery ecosystem that delivers data-driven technology to modern parenting, is pleased to announce that it has appointed Jim Fidacaro as Healthcare General Manager. The appointment of Fidacaro further strengthens Owlet’s leadership team expansion as the company continues to disrupt and transform the connected nursery ecosystem of the future.
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The 2020s are on course to become the decade of the special purpose acquisition companies (SPACs), also known as blank check or shell companies. SPACs are set to outpace IPOs once again in 2021, after a record year that saw SPACs mature from a once obscure method of going public to a rabid, flavor-of-the-month frenzy amidst both institutional and retail investors.
The year of COVID-19 saw 227 SPACs top traditional IPOs for the first time in history, raising $76 billion, compared to 67 billion raised from traditional IPOs. The first two months of 2021 have so far generated 144 SPACs, raising $44 billion. Digital Health has certainly ridden the recent SPAC wave, with yet a few more splashes yet to come.
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