Sandbridge Acquisition Corp. (SBG) Shareholders Approve Owlet Deal With Heavy Redemptions

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Sandbridge Acquisition Corp. (SBG) Shareholders Approve Owlet Deal With Heavy Redemptions

Sandbridge Acquisition Corp.  (NYSE:SBG) announced in an 8-K filing today that its shareholders approved its combination with health technology company Owlet Baby Care, Inc., in a meeting earlier this morning, but saw 19,758,773 shares, or 86%, redeemed in connection to the vote. As a result, there will be just $32.4 million remaining in the trust
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