SOBR Safe Launches $2 Million Private Offering; Shares Down Pre-Bell

MT Newswires Live

Dec 26, 2025

SOBR Safe (SOBR) said late Wednesday it launched a $2 million private placement of its securities.

The offering comprises about 1.3 million common shares, and series C and D warrants to purchase up an equal amount of shares at $1.55 per share. Each warrant will be exercisable at $1.30 per share.

The company expects the offering to close by Monday and plans to use the net proceeds for working capital and general corporate purposes.

SOBR Safe shares were down 17% in recent premarket activity Friday.

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