Senior management staff is strengthened to enable push the linked nursery ecosystem platform and telehealth-associated expansion opportunities
Owlet Child Care Inc. (“Owlet” or the “Business”), the connected nursery ecosystem that provides data-pushed technology to modern parenting, is pleased to announce that it has appointed Jim Fidacaro as Healthcare Normal Supervisor. The appointment of Fidacaro further more strengthens Owlet’s management staff growth as the business continues to disrupt and renovate the linked nursery ecosystem of the long term.
Fidacaro comes to Owlet as the Health care Typical Supervisor with 25 several years of encounter in the healthcare field and a deep qualifications in electronic healthcare and health-related gadgets. Prior to becoming a member of Owlet, Fidacaro drove Philips’ strategic roadmap for Healthcare Informatics and promoting operations for Join Treatment, following roles as Vice President, Advertising and marketing and Enterprise Development at ImaCor, and C.E.O. of Synsei Medical, an early-phase wearable maternal and infant electronic health care corporation, and an government at Mindray, as Dean of the Technology Research Institute. Fidacaro’s innovation skills extends to his as a holder of many U.S. patents and several structure awards.
“I met the Owlet crew in their early stages, as I was leading other electronic healthcare platforms, and was incredibly impressed with how they reside their mission to empower modern parenting around the world with the suitable insights at the right time,” suggests Jim Fidacaro, new Healthcare Normal Manager at Owlet. “Right now, a lot more than 1.5 million dad and mom have place their belief in the Owlet model, supporting them keep track of more than 850,000 infants with about 4-trillion heartbeats tracked. I am honored to sign up for the Owlet relatives, a staff that I believe that has a details set that could revolutionize health care in pediatrics, and to accelerate the electronic telehealth ecosystem and Synthetic Intelligence from mothers and fathers to babies.”
Owlet expects Fidacaro’s healthcare experience to aid catapult the manufacturer forward as Owlet seeks to situation by itself as a chief in info-pushed insights on toddler well being and telehealth. As an illustration of the opportunity power of Owlet’s details established, a recent examine reviewed and authorised by the Institutional Review Board at the Cleveland Clinic and printed in The Journal of Pediatrics located the cumulative incidence of irregular heartbeat among the infants employing the Owlet Clever Sock to be substantially higher than rates noted in prior research.
“I couldn’t be far more assured in the foreseeable future of Owlet with the addition of Jim to aid us broaden Owlet as a related nursery ecosystem with the likely to help data-pushed telehealth at home,” said Kurt Workman, CEO and founder of Owlet. “We consider the Cleveland Clinic research is indicative of the types of meaningful insights that we can notice from our goods, and we are thrilled to be capable to leverage Jim’s deep know-how of the health care business and innovation in health care items as we continue our expansion trajectory. Our goal is to deliver modern day mom and dad enhanced transparency and training about their kids by way of our new and forthcoming solution and software package expert services. Every guardian deserves to experience empowered all through the journey of parenthood, and I know bringing Jim on board will aid get us nearer to achieving even more mom and dad globally.”
For much more information about Owlet Little one Care, remember to check out https://owletcare.com/.
About Owlet Toddler Treatment
Owlet Infant Care was launched by a team of mothers and fathers in 2012. Owlet’s mission is to empower parents with the ideal details at the suitable time, to give them additional peace of thoughts, and enable them discover far more joy in the journey of parenting. Owlet’s digital parenting platform aims to give mothers and fathers serious-time knowledge and insights to assist dad and mom come to feel far more tranquil and assured. Owlet thinks that each and every parent justifies peace of mind and the option to feel their perfectly-rested ideal. Owlet also thinks that just about every youngster deserves to are living a long, delighted, and healthy daily life, and is working to produce solutions to assistance facilitate that perception.
Extra Info and Where by to Find It
In February, Owlet entered into a definitive merger settlement in February with Sandbridge Acquisition Corporation (NYSE: SBG) (“Sandbridge”), a particular goal acquisition company.
Sandbridge intends to file with the SEC a Registration Assertion on Variety S-4, which will involve a proxy assertion/prospectus, that will be equally the proxy assertion to be distributed to holders of Sandbridge’s Course A widespread stock in link with its solicitation of proxies for the vote by Sandbridge’s stockholders with respect to the small business blend and other matters as may possibly be described in the registration assertion, as nicely as the prospectus relating to the give and sale of specified securities to be issued in the company blend. Just after the registration assertion is declared effective, Sandbridge will mail a definitive proxy statement/prospectus and other related documents to its stockholders. This push launch does not incorporate all the facts that should really be viewed as regarding the proposed company combination and is not supposed to sort the foundation of any investment final decision or any other selection in respect of the proposed organization combination. Sandbridge’s stockholders and other intrigued individuals are suggested to go through, when offered, the preliminary proxy assertion/prospectus integrated in the registration statement and the amendments thereto and the definitive proxy statement/prospectus and other paperwork filed in link with the proposed business enterprise mixture, as these components will comprise significant data about the Corporation, Sandbridge and the proposed business enterprise combination. When offered, the definitive proxy statement/prospectus and other related resources for the proposed small business mixture will be mailed to stockholders of Sandbridge as of a file day to be proven for voting on the proposed enterprise combination. Stockholders of Sandbridge will also be able to get copies of the preliminary proxy statement, the definitive proxy statement and other paperwork submitted with the SEC, with no demand, at the time out there, at the SEC’s site at www.sec.gov, or by directing a published request to: Sandbridge Acquisition Corp., 1999 Avenue of the Stars, Suite 2088, Los Angeles, California 90067.
Individuals in the Solicitation
Sandbridge and its administrators and government officers may possibly be considered contributors in the solicitation of proxies from Sandbridge’s stockholders with respect to the proposed small business mix. The names of those directors and executive officers and a description of their passions in Sandbridge is contained in Sandbridge’s closing prospectus dated September 14, 2020 relating to its first community featuring and in subsequent filings with the SEC, which are available free of charge of charge at the SEC’s website web-site at www.sec.gov. To the extent these kinds of holdings of Sandbridge’s securities may well have altered because that time, these types of improvements have been or will be mirrored on Statements of Alterations in Effective Possession on Sort 4 filed with the SEC. More details with regards to the pursuits of these participants will be contained in the proxy assertion/prospectus for the proposed small business blend when readily available.
Owlet and its administrators and executive officers could also be deemed to be contributors in the solicitation of proxies from the stockholders of Sandbridge in relationship with the proposed business enterprise blend. A checklist of the names of this kind of administrators and govt officers and facts concerning their passions in the proposed organization mixture will be integrated in the proxy assertion/prospectus for the proposed enterprise mix when available.
Forward-Seeking Statements
Specified statements, estimates, targets, and projections in this push launch could be deemed forward-hunting statements. Ahead-searching statements frequently relate to long term events or Sandbridge’s or Owlet’s foreseeable future fiscal or running functionality. For instance, statements pertaining to the envisioned potential functioning and money general performance and marketplace possibilities of Owlet are ahead-seeking statements. In some cases, you can recognize forward-wanting statements by terminology this kind of as “might”, “really should”, “be expecting”, “intend”, “will”, “estimate”, “foresee”, “consider”, “predict”, “opportunity” or “go on”, or the negatives of these conditions or variants of them or similar terminology. These kinds of forward-looking statements are topic to dangers, uncertainties, and other elements which could trigger genuine success to differ materially from all those expressed or implied by this sort of forward-hunting statements.
These ahead-hunting statements are centered on estimates and assumptions that, while deemed affordable by Sandbridge and its management, and Owlet and its administration, as the scenario could be, are inherently uncertain. Components that may perhaps induce true final results to differ materially from existing expectations incorporate, but are not minimal to: the event of any event, improve or other situation that could give increase to the termination of any definitive agreements with regard to the proposed organization mixture the end result of any authorized proceedings that may possibly be instituted against Sandbridge, Owlet, the mixed company or other people subsequent the announcement of the proposed business mixture and any definitive agreements with regard thereto the incapability to full the proposed company mixture because of to the failure to get hold of approval of the stockholders of Sandbridge or to satisfy other circumstances to closing, like the gratification of the minimum amount trust account total pursuing any redemptions changes to the proposed composition or conditions of the organization mix that may possibly be expected or acceptable as a final result of relevant guidelines or regulations or in response to market reaction to the announcement of the transaction the potential to meet up with stock trade listing requirements at or subsequent the consummation of the proposed enterprise combination the risk that the proposed small business blend disrupts existing programs and operations of Owlet as a outcome of the announcement and consummation of the proposed business enterprise blend, and as a outcome of the article-transaction business getting a publicly shown issuer the ability to identify the anticipated advantages of the proposed organization blend, which could be affected by, between other items, opposition, the regulatory pathway for Owlet goods and responses from regulators, including the U.S. Food items and Drug Administration and comparable regulators outside of the United States, the capacity of the blended organization to develop and deal with development profitably, retain associations with consumers and suppliers and keep Owlet’s management and vital personnel expenses linked to the proposed business enterprise mixture, like costs associated with the post-transaction firm getting a publicly mentioned issuer adjustments in relevant guidelines or polices the possibility that Owlet or the put together company may be adversely affected by other financial, company, regulatory and/or competitive components Owlet’s estimates of bills and profitability the evolution of the markets in which Owlet competes the means of Owlet to put into action its strategic initiatives and proceed to innovate its existing products and solutions the means of Owlet to protect its intellectual assets and satisfy regulatory requirements the impact of the COVID 19 pandemic on Owlet’s company the constrained running record of Owlet and other dangers and uncertainties set forth in the section entitled “Chance Variables” and “Cautionary Take note Concerning Forward-Searching Statements” in Sandbridge’s closing prospectus dated September 14, 2020 relating to its original public presenting, and other challenges and uncertainties indicated from time to time in the definitive proxy statement to be delivered to Sandbridge’s stockholders and the similar registration statement on Variety S-4, including these set forth under “Possibility Things” therein, and other documents to be submitted with the SEC by Sandbridge.
Nothing at all in this press release should be regarded as a representation by any particular person that the forward-hunting statements set forth herein will be accomplished or that any of the contemplated success of such ahead-on the lookout statements will be accomplished. You should not place undue reliance on ahead-searching statements, which speak only as of the date they are produced. Neither Sandbridge nor Owlet undertakes any responsibility to update these forward-seeking statements.
See resource variation on businesswire.com: https://www.businesswire.com/news/dwelling/20210309006068/en/
Contacts
Investor Relations
Owlet Child Care
Constantine Davides
Westwicke, an ICR enterprise
[email protected]
(339) 970-2846
Sandbridge Acquisition Company
Rebecca Campbell
Konnect Agency
[email protected]
(213) 225-4415
Media Relations
Cammy Duong
Westwicke, an ICR firm
[email protected]
(203) 682-8380
Sandbridge Acquisition Corporation
Rebecca Campbell
Konnect Agency
[email protected]
(213) 225-4415
