SOBR Safe shareholders approve issuance of up to 20.6M shares upon warrant conversion

SOBR Safe, Inc.

Special meeting on July 22, 2024 approved issuance of up to 20,638,326 shares upon exercise of June 4, 2024 warrant.
Votes: 10,708,377 FOR (94.1%), 639,907 AGAINST, 33,304 ABSTAIN.
Warrant conversion would increase outstanding shares by ~68% from 30.1M to ~50.8M, causing significant dilution.
Proposal 2 (adjournment) not voted on due to quorum and preliminary approval of Proposal 1.

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