---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-21-006953"
form_type: "8-K"
ticker: "SOBR"
cik: "0001425627"
company_name: "SOBR Safe, Inc."
filed_at: "2021-10-01T23:59:59+00:00"
generated_at: "2026-06-28T23:52:10.373837+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SOBR Safe closes $2.5M financing via 18% OID convertible debenture and warrants with healthcare fund

## Summary
- Received $2.5M; issued convertible debenture with principal $3,048,780.50 (18% original issue discount).
- Debenture convertible at lesser of 100% of prior close or 75% of 5-day VWAP; matures March 27, 2022, no interest unless default.
- Warrants to purchase 1,219,512 shares at $2.00/share for 5 years; drops to $1.00 on default; cashless exercise limited.
- Proceeds to fund pilot testing and commercial manufacturing starting October 2021; Alexander Capital as placement agent.
- Registration rights agreement requires filing within 6 months; warrants cashless only if registration fails after 6 months.

## SEC filing metadata
- accession: 0001477932-21-006953
- form_type: 8-K
- ticker: SOBR
- cik: 0001425627
- company_name: SOBR Safe, Inc.
- filed_at: 2021-10-01T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1425627/000147793221006953/0001477932-21-006953-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1425627/000147793221006953/sobr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-21-006953
- JSON: https://secwatch.observer/filing/0001477932-21-006953.json
- Plain text: https://secwatch.observer/filing/0001477932-21-006953.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.