secwatch.observer — SEC 8-K summary
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Issuer:     SOBR Safe, Inc. (SOBR)
CIK:        0001425627
Form:       8-K
Filed at:   2024-10-11T23:59:59+00:00
Accession:  0001477932-24-006392
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SOBRsafe raises $8.2M via private placement of units with warrants
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- Gross proceeds of $8.2M from private placement with institutional investors; closed Oct 8, 2024.
- Issued 2,024,691 units at $4.05/unit: 1 share (or pre-funded warrant), 2 Series A warrants ($3.80 strike), 1 Series B warrant (variable, floor $0.76).
- Proceeds to be used for general corporate purposes and working capital.
- Company must seek stockholder approval within 60 days and file a resale registration statement covering the shares.
- Aegis Capital Corp. acted as exclusive placement agent; fee of 8% of gross proceeds plus up to $100,000 expenses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1425627/000147793224006392/0001477932-24-006392-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1425627/000147793224006392/sobr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-24-006392

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer