SOBR Safe, Inc. announced a private placement offering of common stock and warrants.
The offering is priced at $1.55 per share with associated warrants at an exercise price of $1.30 per share.
H.C. Wainwright & Co. is the exclusive placement agent for the offering.
Private Placement
SOBR Safe, Inc. undertakes a $2.0 million private placement offering of common stock and warrants.
Purchase Price
Shares are priced at $1.55 per share, accompanied by warrants at $1.30 per share.
Placement Agent
H.C. Wainwright & Co. serves as the exclusive placement agent for the offering.
- The private placement is expected to generate approximately $2.0 million in gross proceeds for SOBR Safe, Inc.
- Net proceeds from the placement will be allocated towards working capital and general corporate applications.
The private placement offering by SOBR Safe, Inc. signifies a strategic initiative to secure funds for future growth and operational requirements.