secwatch.observer — SEC 8-K summary
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Issuer:     SOBR Safe, Inc. (SOBR)
CIK:        0001425627
Form:       8-K
Filed at:   2022-05-19T23:59:59+00:00
Accession:  0001477932-22-003676
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SOBR Safe closes $10M public offering, uplists to Nasdaq on May 16, 2022
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- Gross proceeds of $10M from 2,352,942 units at $4.25/unit; each unit has one share + two warrants.
- Warrants exercisable at $4.25, expire in 5 years; common stock began trading on Nasdaq (SOBR) May 16.
- Underwriter partially exercised over-allotment option for 424,116 additional warrants.
- Reverse stock split (1-for-3) effective April 28, 2022; new CUSIP; outstanding shares post-offering: 10,156,081.
- Lock-up agreements: 180 days for insiders, 24 months for Company, starting May 13, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1425627/000147793222003676/0001477932-22-003676-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1425627/000147793222003676/sobr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-22-003676

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