DLA Piper Assist Titan Partners Group in Owlet’s IPO
DLA Piper: Recently, DLA Piper assisted GigCapital7 with its IPO of $200 million directed by Jeffrey Selman a partner in San Francisco.
DLA Piper: DLA Piper has assisted Titan Partners Group which is a part of American Capital Partners, as an underwriter in Owlet, Inc.’s in the public offering of Class A common stock. Owlet is the pioneer in offering sophisticated infant monitoring.
However, the company’s IPO along with full debt refinancing will bring Owlet a gross profit up to US$46.6 million. The deal team is directed by Stephen Alicanti in New York and includes other partners such as Kira Mineroff in Short Hills, Kurtis Weaver in Boston, Christopher Mikson and Bill Bartow (both in Philadelphia), Molly McBride (Los Angeles), Christie Lehr as an associate in Raleigh, and associate Jordyn Giannone in New York.
Lawyer-monthly.com reported that DLA Piper is a law firm and its global capital markets assist issuers and underwriters in both registered and unregistered equity, equity-linked, and debt capital markets transactions which include IPOs, FPOs, ELKS, investments grade issues, and high-yield bonds.
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Recently, DLA Piper assisted GigCapital7 with its IPO of $200 million directed by Jeffrey Selman a partner in San Francisco.
Owlet is a baby monitoring company founded by Kurt Workman, Zack Bomsta, Jordan Monroe, and Jake Colvin in 2012. Owlet’s headquarters is situated in Lehi, Utah, United States.
The company’s goal is to develop parents parenting experience by providing useful and important information that will also help them improve their peace of mind. The company provides parents with the latest information and insights to help them overcome parenting problems and build a state of calm and confidence in parents.
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Owlet also focuses on developing products that will ensure that infants will get a chance to live a happy, long, and healthy life.
Kurt Workman is the CEO and is also a member of the board of directors of the company. He is also the co-founder of Owlet and served as the CEO until December 2019. He helped the company to develop many famous products such as Owlet Smart Sock, Owlet Cam, and Owlet Band.
Being a part of the board of directors, he also assists the company by providing key oversight on the product’s strategic direction, and growth chances.
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