SOBR Safe shareholders approve issuance of up to 29M shares and reverse split authorization

SOBR Safe, Inc.

Shareholders approved issuance of up to 29,011,695 shares upon exercise of warrants under Oct 7, 2024 SPA.
Shareholders approved board discretion to implement reverse stock split from 1:2 to 1:10 by Dec 31, 2025.
Total shares outstanding pre-meeting: 921,949; warrant issuance could increase outstanding by over 30x.
Vote results: Proposal 1 - 46,159 For, 17,742 Against, 4,519 Abstain; Proposal 2 - 278,934 For, 47,825 Against, 769 Abstain.

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