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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Name of Issuer)

(Title of Class of Securities)

(CUSIP Number)

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13D/A 0001675124 XXXXXXXX LIVE 5 Class A Common Stock, $0.0001 par value per share 10/10/2025 false 0001816708 69120X107 OWLET, INC. 2940 West Maple Loop Drive Suite 203 Lehi UT 84048 Lior Susan, Managing Member (650) 720-4667 Eclipse Ventures 541 High Street, Suite 4 Palo Alto CA 94301 0001675124 N Eclipse Continuity GP I, LLC b AF N DE 0 1066472 0 1066472 1066472 N 4.7 OO All shares are held by Eclipse Continuity I (as defined in Item 2(a)). Eclipse Continuity GP (as defined in Item 2(a)) is the general partner of Eclipse Continuity I and may be deemed to have voting and dispositive power over the shares held by Eclipse Continuity I. Mr. Susan (as defined in Item 2(a)), a member of the Issuer's Board (as defined in Item 2(a)), is the sole managing member of Eclipse Continuity GP and may be deemed to have voting and dispositive power with respect to these securities. Based on 22,788,420 shares of Class A Common Stock outstanding as reported by the Issuer to the Reporting Persons (as defined in Item 2(a)) on October 14, 2025. 0001675126 N Eclipse Continuity Fund I, L.P. b WC N DE 0 1066472 0 1066472 1066472 N 4.7 PN All shares are held by Eclipse Continuity I. Eclipse Continuity GP is the general partner of Eclipse Continuity I and may be deemed to have voting and dispositive power over the shares held by Eclipse Continuity I. Lior Susan, a member of the Issuer's Board, is the sole managing member of Eclipse Continuity GP and may be deemed to have voting and dispositive power with respect to these securities. Based on 22,788,420 shares of Class A Common Stock outstanding as reported by the Issuer to the Reporting Persons on October 14, 2025. 0001843678 N Eclipse Ventures GP I, LLC b AF N DE 0 968694 0 968694 968694 N 4.3 OO All shares are held by Eclipse I (as defined in Item 2(a)). Eclipse I GP (as defined in Item 2(a)) is the general partner of Eclipse I and may be deemed to have voting and dispositive power over the shares held by Eclipse I. Mr. Susan, a member of the Issuer's Board, is the sole managing member of Eclipse I GP and may be deemed to have voting and dispositive power with respect to these securities. Based on 22,788,420 shares of Class A Common Stock outstanding as reported by the Issuer to the Reporting Persons on October 14, 2025. 0001641394 N Eclipse Ventures Fund I, L.P. b WC N DE 0 968694 0 968694 968694 N 4.3 PN All shares are held by Eclipse I. Eclipse I GP is the general partner of Eclipse I and may be deemed to have voting and dispositive power over the shares held by Eclipse I. Mr. Susan, a member of the Issuer's Board, is the sole managing member of Eclipse I GP and may be deemed to have voting and dispositive power with respect to these securities. Based on 22,788,420 shares of Class A Common Stock outstanding as reported by the Issuer to the Reporting Persons on October 14, 2025. 0001876955 N Eclipse Early Growth GP I, LLC b AF N DE 0 7621469 0 7621469 7621469 N 30.8 OO All shares are held by Eclipse EGF I (as defined in Item 2(a)) and consists of (i) 1,766,763 shares of Class A Common Stock plus (ii) an aggregate of 1,955,800 shares of Class A Common Stock issuable upon conversion of shares of Series A Convertible Preferred Stock and/or Series B Convertible Preferred Stock. Eclipse EG GP I (as defined in Item 2(a)) is the general partner of Eclipse EGF I and may be deemed to have voting and dispositive power over the shares held by Eclipse EGF I. Mr. Susan, a member of the Issuer's Board, is the sole managing member of Eclipse EG GP I and may be deemed to have voting and dispositive power with respect to these securities. Based on (i) 22,788,420 shares of Class A Common Stock outstanding as reported by the Issuer to the Reporting Persons on October 14, 2025 plus (ii) an aggregate of 1,955,800 shares of Class A Common Stock issuable upon conversion of shares of Series A Convertible Preferred Stock and/or Series B Convertible Preferred Stock held by Eclipse EGF I. 0001877287 N Eclipse Early Growth Fund I, L.P. b WC N DE 0 7621469 0 7621469 7621469 N 30.8 PN All shares are held by Eclipse EGF I and consists of (i) 1,766,763 shares of Class A Common Stock plus (ii) an aggregate of 1,955,800 shares of Class A Common Stock issuable upon conversion of shares of Series A Convertible Preferred Stock and/or Series B Convertible Preferred Stock. Eclipse EG GP I is the general partner of Eclipse EGF I and may be deemed to have voting and dispositive power over the shares held by Eclipse EGF I. Mr. Susan, a member of the Issuer's Board, is the sole managing member of Eclipse EG GP I and may be deemed to have voting and dispositive power with respect to these securities. Based on (i) 22,788,420 shares of Class A Common Stock outstanding as reported by the Issuer to the Reporting Persons on October 14, 2025 plus (ii) an aggregate of 1,955,800 shares of Class A Common Stock issuable upon conversion of shares of Series A Convertible Preferred Stock and/or Series B Convertible Preferred Stock held by Eclipse EGF I. 0001832895 N Lior Susan b AF N X1 9656635 0 9656635 0 9656635 N 40.5 IN Consists of (i) 1,066,472 shares of Class A Common Stock held by Eclipse Continuity I, (ii) 968,694 shares of Class A Common Stock held by Eclipse I, (iii) 5,665,669 shares of Class A Common Stock held by Eclipse EGF I and (iv) an aggregate of 1,955,800 shares of Class A Common Stock issuable upon conversion of shares of Series A Convertible Preferred Stock and/or Series B Convertible Preferred Stock held by Eclipse EGF I. Eclipse Continuity GP is the general partner of Eclipse Continuity I and may be deemed to have voting and dispositive power over the shares held by Eclipse Continuity I. Eclipse I GP is the general partner of Eclipse I and may be deemed to have voting and dispositive power over the shares held by Eclipse I. Eclipse EG GP I is the general partner of Eclipse EGF I and may be deemed to have voting and dispositive power over the shares held by Eclipse EGF I. Mr. Susan, a member of the Issuer's Board, is the sole managing member of each of Eclipse Continuity GP, Eclipse I GP and Eclipse EG GP I and may be deemed to have voting and dispositive power with respect to the shares held by each of Eclipse Continuity I, Eclipse I and Eclipse EGF I. Based on (i) 22,788,420 shares of Class A Common Stock outstanding as reported by the Issuer to the Reporting Persons on October 14, 2025 plus (ii) an aggregate of 1,955,800 shares of Class A Common Stock issuable upon conversion of shares of Series A Convertible Preferred Stock and/or Series B Convertible Preferred Stock held by Eclipse EGF I. Class A Common Stock, $0.0001 par value per share OWLET, INC. 2940 West Maple Loop Drive Suite 203 Lehi UT 84048 Explanatory Note: This joint statement on Schedule 13D/A (this "Statement") is filed with respect to the Class A Common Stock, par value $0.0001 per share ("Class A Common Stock"), of Owlet, Inc., a Delaware corporation (the "Issuer"). This Amendment No. 5 supplements and amends the Schedule 13D relating to the Class A Common Stock of the Issuer that was filed with the Commission on July 26, 2021, as amended by Amendment No. 1 filed with the Commission on February 27, 2023, Amendment No. 2 filed with the Commission on February 8, 2024, Amendment No. 3 filed with the Commission on March 4, 2024, and Amendment No. 4 filed with the Commission on August 22, 2024 (the "Original Schedule 13D"). Only those items that are reported are hereby amended; all other items reported in the Original Schedule 13D remain unchanged. Capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Original Schedule 13D. Information given in response to each item shall be deemed incorporated by reference in all other items as applicable. This Statement is being filed by Eclipse Ventures Fund I, L.P. ("Eclipse I"), Eclipse Ventures GP I, LLC ("Eclipse I GP"), Eclipse Continuity Fund I, L.P. ("Eclipse Continuity I"), Eclipse Continuity GP I, LLC ("Eclipse Continuity GP"), Eclipse Early Growth Fund I, L.P. ("Eclipse EGF I") and Eclipse Early Growth GP I, LLC ("Eclipse EG GP I", and together with Eclipse I, Eclipse I GP, Eclipse Continuity I, and Eclipse EGF I, the "Reporting Entities") and Lior Susan ("Mr. Susan"), a member of the Issuer's board of directors (the "Board"). The Reporting Entities and Mr. Susan are collectively referred to as the "Reporting Persons." The agreement among the Reporting Persons to file jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act is attached hereto as Exhibit 1. Each Reporting Person disclaims beneficial ownership of all securities reported in this Statement except to the extent of such Reporting Person's pecuniary interest therein, other than those securities reported herein as being held directly by such Reporting Person. The address of the principal offices of each Reporting Entity and the business address of Mr. Susan is 514 High Street, Suite 4, Palo Alto, California 94301. Each Reporting Entity is a venture capital investment entity. Mr. Susan is engaged through venture capital investment entities in acquiring, holding and disposing of interests in various companies for investment purposes. Mr. Susan is the sole managing member of (i) Eclipse Continuity GP, the general partner of Eclipse Continuity I, (ii) Eclipse I GP, the general partner of Eclipse I and (iii) Eclipse EG GP I, the general partner of Eclipse EGF I. During the past five years, none of the Reporting Persons have been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). None of the Reporting Persons are, nor during the last five years have been, a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Each of Eclipse Continuity GP, Eclipse I GP and Eclipse EG GP I is a limited liability company organized under the laws of the State of Delaware. Each of Eclipse Continuity I, Eclipse I and Eclipse EGF I is a limited partnership organized under the laws of the State of Delaware. Mr. Susan is a citizen of the United States of America. The information set forth in Item 3 of the Original Schedule 13D is incorporated herein by reference. Item 4 of the Original Schedule 13D is hereby amended and supplement by adding the following to the end of Item 4: On August 7, 2025, the Issuer entered into an Exchange Agreement with certain investors, including Eclipse EGF I (the "Warrant Exchange Agreement"), pursuant to which Eclipse EGF I exchanged 5,300,921 Series A Warrants and 1,166,935 Series B Warrants for an aggregate of 3,898,906 shares of the Issuer's Class A Common Stock for no additional consideration (the "Warrant Exchange"). The Warrant Exchange closed on October 10, 2025. The above summary of the Warrant Exchange Agreement is qualified by reference to such description and the full text of the Form of Warrant Exchange Agreement, a form of which is filed as Exhibit 1 to this Statement and is incorporated by reference herein. Except as set forth above, the Reporting Persons have no present plans or intentions which would result in or relate to any of the transactions described in subparagraphs (a) through (j) of Item 4 of the Original Schedule 13D. See Items 7-11 of the cover pages of this Statement and Item 2 above. See Items 7-11 of the cover pages of this Statement and Item 2 above. Except as reported in this Statement, none of the Reporting Persons has effected any transactions in the Issuer's securities within the past 60 days. Under certain circumstances set forth in the limited partnership agreements of Eclipse Continuity I, Eclipse I and Eclipse EGF I, the general partner and limited partners of each of Eclipse Continuity I, Eclipse I and Eclipse EGF I may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the Issuer owned by such entity of which they are a partner. Not applicable. The information set forth in Item 4 of this Statement is incorporated herein by reference. Exhibit 11: Warrant Exchange Agreement, dated August 7, 2025, by and among Owlet, Inc. and certain investors part thereto as describe by the Issuer in their Current Report on Form 8-K as filed with the Commission on August 7, 2025. Eclipse Continuity GP I, LLC /s/ Lior Susan Lior Susan, Managing Member 10/15/2025 Eclipse Continuity Fund I, L.P. /s/ Lior Susan Lior Susan, Managing Member 10/15/2025 Eclipse Ventures GP I, LLC /s/ Lior Susan Lior Susan, Managing Member 10/15/2025 Eclipse Ventures Fund I, L.P. /s/ Lior Susan Lior Susan, Managing Member 10/15/2025 Eclipse Early Growth GP I, LLC /s/ Lior Susan Lior Susan, Managing Member 10/15/2025 Eclipse Early Growth Fund I, L.P. /s/ Lior Susan Lior Susan, Managing Member 10/15/2025 Lior Susan /s/ Lior Susan Lior Susan 10/15/2025