SOBR Safe defaults on $3.05M convertible debenture; obtains waiver from Armistice Capital

SOBR Safe, Inc.

Defaulted on $3,048,780.50 18% convertible debenture due March 27, 2022; entered waiver on March 30, 2022.
Waiver grants 21-day cure period (to April 17, 2022) without default penalties.
In exchange, amended existing warrant extending termination from 2026 to 2028.
Issued new warrant for 304,878 common shares expiring 2029; must file S-1 registration within 30 days.

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