{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-23-001461","form_type":"8-K","ticker":"SOBR","cik":"0001425627","company_name":"SOBR Safe, Inc.","filed_at":"2023-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.893401+00:00","generated_at":"2026-06-18T04:20:34.814250+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"SOBR Safe closes $3.0M private placement of convertible notes and warrants to refinance maturing debt","bullets":["Issued $3.5M aggregate principal of convertible senior notes due 2025 with 15% original issue discount; conversion price $2.28/share.","Issued warrants to purchase ~0.38M shares at $2.52 per share, expiring March 2028.","Gross proceeds ~$3.0M; net proceeds used to replace ~$2.5M in maturing debt.","Aegis Capital Corp. acted as exclusive placement agent for the offering.","CEO David Gandini described financing as 'minimally dilutive' to accelerate technology enhancements and extend financial runway."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-23-001461","json":"https://secwatch.observer/filing/0001477932-23-001461.json","markdown":"https://secwatch.observer/filing/0001477932-23-001461.md","text":"https://secwatch.observer/filing/0001477932-23-001461.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1425627/000147793223001461/0001477932-23-001461-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1425627/000147793223001461/sobr_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T04:20:34.814250+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1409caed2526ed4ff16c98be6750c5980e154ce5","claim":"SOBR Safe, Inc. entered into Purchase Agreement with institutional investors valued at aggregate of $3.5 million aggregate principal amount of convertible senior notes (effective 2023-03-07).","evidence_excerpt":"On March 7, 2023, SOBR Safe, Inc. (the \" Company \"), entered into a Purchase Agreement (the \" Agreemen t\") and Registration Rights Agreement (the \" Registration Rights Agreement \") with institutional investors (\" Purchasers \") and issued an aggregate of $3.5 million aggregate principal amount of convertible senior notes due in 2025 (the \"Notes\" ) and accompanying warrants (the \"Warrants\" ) to purchase approximately 0.38 million shares of Company common stock (the \"Common Stock\") for aggregate gross proceeds of approximately $3.0 million, before deducting fees to the placement agent and other expenses payable by the Company (the \"Offering\").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1425627/000147793223001461/0001477932-23-001461-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"institutional investors"},{"label":"Value","value":"aggregate of $3.5 million aggregate principal amount of convertible senior notes"},{"label":"Effective","value":"2023-03-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}