SOBR shares surge 82.31% after-hours after announcing $2M private placement with shares and warrants.

SOBR surged 82.31% in after-hours trading following the announcement of a $2.0 million private placement to raise capital through 1.29 million shares and warrants. The offering, priced at $1.55 per share, includes Series C and D warrants exercisable at $1.30, with proceeds intended for working capital and general corporate purposes. This capital raise signals improved liquidity and strategic growth initiatives, aligning with the stock’s sharp post-market rally as investors reacted positively to the funding news. Other intraday or pre-market movements referenced in the news were either prior to the after-hours session or described broader volatility without directly linking to the post-market surge.