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SOBRsafe says warrant holders exercise 2,360,648 warrants at reduced $1.05 per share

PUBT·07/15/2026 20:07:41
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SOBRsafe says warrant holders exercise 2,360,648 warrants at reduced $1.05 per share
  • Sobr Safe set agreements for immediate cash exercise of warrants for 2,360,648 shares, cutting the exercise price to 1.05 from 1.3.
  • Gross proceeds expected at about USD 3.1 million, including USD 590,162 tied to new unregistered warrant issuance.
  • Plans to issue unregistered Series E warrants for 2,360,648 shares, exercisable immediately, expiring five years after the resale registration statement effective date.
  • Also to issue unregistered Series F warrants for 2,360,648 shares, exercisable immediately, expiring 24 months after that effective date.
  • Agreed to file a resale registration statement covering shares issuable on exercise of the new warrants; closing expected July 16, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sobr Safe Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202607151605ACCESSWRNAPR_____1191665) on July 15, 2026, and is solely responsible for the information contained therein.