Kris Pederson
effective May 1, 2025, Ms. Kris Pederson was appointed a director of the Company.
Highest-materiality recent filing
On July 10, 2026, SOBR Safe's Board approved discontinuing its alcohol monitoring hardware/software operations effective July 31, 2026.
Received deficiency letter on March 19, 2026 for bid price below $1.00 for 30 consecutive days.
SOBR Safe cuts 70% of workforce (11 employees) to save $1.6M annually
Workforce reduced by 11 employees (~70%) to align with business needs post-merger agreement with Clean World Ventures.
SOBR Safe enters merger with Clean World Ventures; CWV stockholders to own 98% of combined company
Merger agreement: Merger Sub merges into CWV; CWV survives as wholly owned SOBR sub.
Received deficiency letter on March 19, 2026; bid price below $1 for 30 consecutive business days.
SOBRsafe closes $2M private placement of common stock and warrants
Gross proceeds of $2.0M from sale of 1,290,324 shares (or pre-funded warrants), Series C and D warrants.
SOBRsafe Q3 revenue up 136% to $109k; net loss widens to $2.2M
Revenue $108.9k (+136% YoY, +4.5% sequentially); device sales 277 units (+55.6% QoQ).
SOBRsafe Q2 revenue up 92% YoY to $104k, net loss improves slightly
Revenue $104.2k (+92.3% YoY); gross margin 57.5% (+380 bps).
Approved reverse split of common stock from 1:2 to 1:10 at Board's discretion by Dec 31, 2025; 648,873 for, 176,283 against.
SOBR Safe shareholders approve issuance of up to 29M shares and reverse split authorization
Shareholders approved issuance of up to 29,011,695 shares upon exercise of warrants under Oct 7, 2024 SPA.
SOBRsafe regains compliance with Nasdaq listing requirements; subject to one-year monitoring
Regained compliance with bid price (Rule 5550(a)(2)), public float (Rule 5550(a)(4)), and stockholders' equity (Rule 5550(b)(1)).
SOBRsafe raises $8.2M via private placement of units with warrants
Gross proceeds of $8.2M from private placement with institutional investors; closed Oct 8, 2024.
Nasdaq notified SOBR on Oct 4, 2024 that publicly held shares (285,611) fall below 500,000 minimum.
Nasdaq grants SOBR Safe exception to regain compliance until Oct 23, 2024
Received bid price deficiency letter Nov 15, 2023; stockholders' equity deficiency Apr 8, 2024.
All five director nominees elected: Beabout, Butler, Fay, Gandini, Shoemaker with 6.36-6.50M shares for each.
SOBR Safe raises $2.79M via warrant exercise; issues 20.6M new warrants at $0.27
Exercised ~10.3M warrants at reduced price of $0.27 per share, raising ~$2.79M in gross proceeds.
SOBR Safe receives Nasdaq delisting determination for bid price and equity non-compliance
Nasdaq notified SOBR Safe on May 15, 2024 that it failed to regain $1.00 minimum bid price compliance by May 13, 2024.
SOBR Safe receives Nasdaq equity deficiency notice; also not in compliance with bid price rule
Stockholders' equity of $1,982,537 is below the $2.5M minimum required by Nasdaq Listing Rule 5550(b)(1).
SOBR Safe induces conversion of $804K convertible notes at $0.62/sh; warrant strike also reduced
Holders converted ~$804K principal (25% of total Senior Convertible Notes) at reduced price of $0.62/share.
Jerry Wenzel retired as CFO on Dec 31, 2023; had served since Jan 2022.
SOBR Safe receives Nasdaq deficiency notice for bid price below $1.00; has 180 days to cure
Nasdaq notified SOBR that its common stock closed below $1.00 for 30 consecutive business days as of Nov 15, 2023.
SOBR Safe shareholders approve equity plan amendment and warrant price reduction at annual meeting
All six proposals approved at June 9, 2023 annual meeting.
SOBR Safe dismisses MGO as auditor, engages Haynie; material weaknesses remain
Dismissed MGO as independent registered public accounting firm on April 18, 2023; no disagreements with MGO.
Issued $3.5M aggregate principal of convertible senior notes due 2025 with 15% original issue discount; conversion price $2.28/share.
SOBR Safe enters CEO employment agreement with David Gandini; $300K base salary through Dec 2025
CEO David Gandini receives $300,000 annual base salary; bonus at least 30% of base under Annual Bonus Plan.
SOBR Safe issues 800,000 shares and pays $400K for consulting and marketing services
Issued 300,000 restricted shares to Winterstone Group and paid $100,000 for consulting services.
SOBR Safe closes $10M public offering, uplists to Nasdaq on May 16, 2022
Gross proceeds of $10M from 2,352,942 units at $4.25/unit; each unit has one share + two warrants.
SOBR Safe defaults on $3.05M convertible debenture; obtains waiver from Armistice Capital
Defaulted on $3,048,780.50 18% convertible debenture due March 27, 2022; entered waiver on March 30, 2022.
David Gandini resigned as CFO effective Jan 1, 2022, remains CEO and Secretary.
SOBR Safe closes $2.5M financing via 18% OID convertible debenture and warrants with healthcare fund
Received $2.5M; issued convertible debenture with principal $3,048,780.50 (18% original issue discount).
SOBR Safe secures $3.0M financing from healthcare fund for national rollout
$3M financing from leading healthcare fund, subject to customary closing conditions.
effective May 1, 2025, Ms. Kris Pederson was appointed a director of the Company.
the Company appointed Christopher Whitaker, 52, as the Chief Financial Officer of the Company, effective January 1, 2024.
On December 31, 2023, Jerry Wenzel retired from employment with SOBR Safe, Inc. (the “ Company ”).
Effective October 13, 2023, the Board of Directors of SOBR Safe, Inc. eliminated the position of Chief Revenue Officer. In doing so, the Board of Directors did not renew the employment contract of Michael Watson and terminated his employment.
Such appointment filled the vacancy left by the resignation of James Bardy from the Board as previously disclosed.
On October 3, 2022, SOBR Safe, Inc. (the “Company”) appointed Noreen Butler to serve as a member of the Company’s Board of Directors (the “Board”).
On September 30, 2022, the Board of Directors (the "Board") of SOBR Safe, Inc. (the "Company"), received notice from James Bardy of his resignation as a member of the Board.
On September 26, 2022, the Board of Directors (the “Board”) of SOBR Safe, Inc. (the “Company”), received notice from Kevin Moore of his resignation as a member of the Board, with such resignation to be effective as of September 24, 2022.
On January 1, 2022, David Gandini submitted his resignation as our Chief Financial Officer as part of our restructuring in connection with our planned listing on Nasdaq.
Effective January 1, 2022, our Board of Directors appointed Gerard Wenzel as our Chief Financial Officer (principal financial officer).
Max materiality 0.90 · Median 0.60 · Most common event other_material