SOBR Safe Files Proxy Statement for July Shareholder Meeting

TL;DR

SOBR Safe proxy filed for July 22 meeting - shareholders vote soon.

AI Summary

SOBR Safe, Inc. filed a DEF 14A proxy statement on June 24, 2024, for its annual meeting on July 22, 2024. The filing details information related to the company's governance and shareholder voting matters. The company, formerly known as TransBiotec, Inc. and IMAGINE MEDIA LTD, is incorporated in Delaware and headquartered in Greenwood Village, Colorado.

Why It Matters

This filing provides shareholders with crucial information to make informed decisions regarding company leadership and important corporate actions at the upcoming annual meeting.

Risk Assessment

Risk Level: medium — DEF 14A filings are routine but can precede significant corporate events or shareholder votes that may impact stock price.

Key Players & Entities

• SOBR Safe, Inc. (company) — Registrant
• TransBiotec, Inc. (company) — Former company name
• IMAGINE MEDIA LTD (company) — Former company name
• 20240624 (date) — Filing date
• 20240722 (date) — Meeting date

FAQ

Key Financial Figures

• $0.7902 — ur Common Stock at exercise prices from $0.7902 to $2.32 per share. Includes warrants t
• $2.32 — tock at exercise prices from $0.7902 to $2.32 per share. Includes warrants to acquire
• $2.125 — ur Common Stock at an exercise price of $2.125 per share. Does not include 98,080 rest
• $0.48 — ur Common Stock at exercise prices from $0.48 to $2.11 per share. (6) Includes vest
• $2.11 — Stock at exercise prices from $0.48 to $2.11 per share. (6) Includes vested stock
• $3.06 — ur Common Stock at an exercise price of $3.06 per share. (9) Includes vested stock
• $2.17 — ur Common Stock at an exercise price of $2.17 per share. Includes warrants to acquire
• $0 — 's common stock at an exercise price of $0.27, subject to adjustment thereunder. T
• $0.27 — 's common stock at an exercise price of $0.27 (subject to adjustment), which represen
• $0.43 — for purposes of the Nasdaq 20% Rule was $0.43. As a result, upon the full exercise of

Filing Documents

• sobr_def14a.htm (DEF 14A) — 111KB
• sobr_def14aimg10.jpg (GRAPHIC) — 6KB
• sobr_def14aimg11.jpg (GRAPHIC) — 6KB
• sobr_def14aimg12.jpg (GRAPHIC) — 6KB
• sobr_def14aimg13.jpg (GRAPHIC) — 114KB
• sobr_def14aimg14.jpg (GRAPHIC) — 120KB
• sobr_def14aimg9.jpg (GRAPHIC) — 43KB
• 0001477932-24-003841.txt ( ) — 522KB

Forward Looking Statements

Forward Looking Statements This Proxy Statement may contain certain "forward-looking" statements, as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), in connection with the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, as well as assumptions that, if they never materialize or prove incorrect, could cause our results to differ materially and adversely from those expressed or implied by such forward-looking statements. Such forward-looking statements include statements about our expectations, beliefs or intentions regarding actions contemplated by this Proxy Statement, our potential business, financial condition, results of operations, strategies or prospects. You can identify forward-looking statements by the fact that these statements do not relate strictly to historical or current matters. Rather, forward-looking statements relate to anticipated or expected events, activities, trends or results as of the date they are made and are often identified by the use of words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," or "will," and similar expressions or variations. Because forward-looking statements relate to matters that have not yet occurred, these statements are inherently subject to risks and uncertainties that could cause our actual results to differ materially from any future results expressed or implied by the forward-looking statements. Many factors could cause our actual activities or results to differ materially from the activities and results anticipated in forward-looking statements. These factors include those described under the caption "Risk Factors" included in our other filings with the Securities and Exchange Commission ("SEC"), including the disclosures set forth in Item 1A of our Form 10-K for the year ended December 31, 2023. Furthermore, such forward-loo

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT The following table sets forth, as of June 18, 2024, certain information with respect to our equity securities owned of record or beneficially by (i) each Officer and Director of the Company; (ii) each person who owns beneficially more than 5% of each class of the Company's outstanding equity securities; and (iii) all Directors and Executive Officers as a group. Title of Class Name and Address of Beneficial Owner (2) Nature of Beneficial Ownership Amount Percent of Class (1) Common Stock David Gandini (3) CEO, Secretary and Director 979,587 (4) 3.2 % Common Stock Christopher Whitaker (3) CFO 94,633 (5) < 1 % Common Stock Ford Fay (3) Director 74,200 (6) < 1 % Common Stock Steven Beabout (3) Director 751,556 (7) 2.5 % Common Stock Noreen Butler (3) Director 25,000 (8) < 1 % Common Stock Sandy Shoemaker (3) Director 75,280 (9) < 1 % Common Stock Gary Graham 6400 S. Fiddlers Green Circle, Suite 1400 Greenwood Village, CO 80111 5% Holder 2,345,219 (10) 7.8 % All Officers and Directors as a Group (6 persons) 2,000,256 (11) 6.4 % (1) Unless otherwise indicated, based on 30,120,825 shares of Common Stock issued and outstanding. Shares of Common Stock subject to options or warrants currently exercisable, or exercisable within 60 days, are deemed outstanding for purposes of computing the percentage of the person holding such options or warrants but are not deemed outstanding for the purposes of computing the percentage of any other person. 6 (2) Unless indicated otherwise, the address of the shareholder is 6400 South Fiddlers Green Circle, Suite 1400, Greenwood Village, Colorado 80111. (3) Indicates one of our officers or directors. (4) Includes vested stock options to acquire 515,695 shares of our Common Stock at exercise prices from $0.7902 to $2.32 per share. Includes warrants to acquire 47,060 shares of our Comm

View Full Filing

View this DEF 14A filing on SEC EDGAR