Ropes & Gray represented Sandbridge Acquisition Corporation (NYSE: SBG), a special purpose acquisition company co-sponsored by affiliates of Sandbridge Capital and PIMCO private funds, in its definitive business combination agreement with Owlet Baby Care Inc. Upon completion of the transaction, the combined company’s securities are expected to be traded on the New York Stock Exchange under the symbol “OWLT.” The transaction was announced in a press release.
Launched in 2012 by a committed team of parents, Owlet has built a connected and accessible nursery ecosystem that brings technology and vital data to modern parenting.
The team advising Sandbridge was led by mergers & acquisitions and capital markets partners Emily Oldshue and Christopher Comeau (both of Boston).
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