SOBR Safe, Inc. Files 8-K with Corporate Updates

TL;DR

SOBR Safe filed an 8-K on 9/25/24 with corporate updates and financial exhibits.

AI Summary

On September 25, 2024, SOBR Safe, Inc. filed an 8-K report detailing amendments to its articles of incorporation and bylaws. The filing also included information regarding Regulation FD disclosure and financial statements and exhibits. The company, formerly known as TransBiotec, Inc. and IMAGINE MEDIA LTD, is incorporated in Delaware and has its fiscal year end on December 31.

Why It Matters

This 8-K filing indicates significant corporate actions and disclosures by SOBR Safe, Inc., which could impact investors' understanding of the company's structure and financial reporting.

Risk Assessment

Risk Level: low — This filing is primarily procedural, reporting amendments and standard disclosures, with no immediate indication of significant financial distress or major strategic shifts.

Key Players & Entities

• SOBR Safe, Inc. (company) — Registrant
• TransBiotec, Inc. (company) — Former Company Name
• IMAGINE MEDIA LTD (company) — Former Company Name
• September 25, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation

FAQ

Key Financial Figures

• $0.00001 — ck split of the Company's common stock, $0.00001 par value per share (the "Common Stock"

Filing Documents

• sobr_8k.htm (8-K) — 27KB
• sobr_ex31.htm (EX-3.1) — 8KB
• sobr_ex991.htm (EX-99.1) — 10KB
• 0001477932-24-006088.txt ( ) — 176KB
• sobr-20240925.xsd (EX-101.SCH) — 6KB
• sobr-20240925_lab.xml (EX-101.LAB) — 15KB
• sobr-20240925_cal.xml (EX-101.CAL) — 1KB
• sobr-20240925_pre.xml (EX-101.PRE) — 9KB
• sobr-20240925_def.xml (EX-101.DEF) — 2KB
• sobr_8k_htm.xml (XML) — 4KB

03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On September 25, 2024, SOBR Safe, Inc., a Delaware corporation (the "Company"), filed a Certificate of Amendment (the "Certificate of Amendment") to the Company's Certificate of Incorporation, as previously amended, with the Secretary of State of the State of Delaware for the purpose of effecting a 1-for-110 reverse stock split of the Company's common stock, $0.00001 par value per share (the "Common Stock"). Stockholders holding 33.94% of the Company's then outstanding voting stock approved the Certificate of Amendment on June 3, 2024. The Certificate of Amendment will become effective with the State of Delaware on October 2, 2024. The Common Stock continues to be quoted on the Nasdaq Capital Market under the symbol "SOBR" and will start trading on a post-split basis on October 2, 2024. As a result of the reverse stock split to be effected by the Certificate of Amendment, every 110 shares of the outstanding Common Stock prior to the effect of the Certificate of Amendment will be combined and reclassified into one share of the Common Stock. No fractional shares will be issued in connection with the reverse stock split, and any of the Company's stockholders that would be entitled to receive a fractional share as a result of the reverse stock split will instead receive one additional share of the Common Stock in lieu of the fractional share. The reverse stock split will not in itself affect any stockholder's ownership percentage of the Common Stock, except to the extent that any fractional share will be rounded up to the nearest whole share. The Company's post-reverse stock split Common Stock has a new CUSIP number, 833592 306, but the par value and all other terms of the Common Stock will not be affected by the reverse stock split. The foregoing description of the Certificate of Amendment and the reverse stock split set forth above does not purport to be complete and is qualified

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On September 30, 2024, the Company issued a press release announcing a 1-for-110 reverse stock split of the Common Stock to be effective as of 12:01 a.m., Eastern Time, on October 2, 2024. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (c) Exhibits 3.1* Certificate of Amendment to Certificate of Incorporation of SOBR Safe, Inc. 99.1* Press Release dated September 30, 2024 104* Cover Page Interactive Data File (embedded within the Inline XBRL document) _______________ * Filed or furnished herewith 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SOBR Safe, Inc. a Delaware corporation Dated: October 1, 2024 By: /s/ David Gandini David Gandini, Chief Executive Officer 3

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View this 8-K filing on SEC EDGAR