SOBR Safe Raises $2 Million in Private Offering, Shares Drop Pre-Bell

SOBR Safe has launched a $2 million private offering, with shares down pre-bell. The company provides transdermal alcohol detection solutions, including a non-invasive technology to identify alcohol presence, and a data platform producing user and business data. SOBR Safe has developed three products: SOBRsafe, a software platform for non-invasive alcohol detection and identity verification; SOBRsure, a wearable wristband for ongoing, real-time alcohol monitoring and GPS tracking; and SOBRcheck, a stationary identification and alcohol monitoring product that provides real-time results to manage substance abuse policies.