SOBR Safe Shares Drop 14% After $2 Million Private Placement
ByAinvest
Friday, Dec 26, 2025 3:30 pm ET1min read
SOBR--
SOBR Safe Inc. (NASDAQ:SOBR) shares fell 14.35% in after-hours trading, closing at $2.03, following a $2 million private placement. The company plans to issue 1.29 million shares of common stock at $1.55 per share and associated warrants. The offering includes Series C and Series D warrants to purchase up to 1.29 million shares each, with an exercise price of $1.30 per share. SOBR Safe plans to allocate net proceeds toward working capital and general corporate purposes.
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