SOBR Safe Files Definitive Proxy Statement

TL;DR

SOBR Safe filed its proxy statement, get ready to vote.

AI Summary

SOBR Safe, Inc. filed a definitive proxy statement (DEF 14A) on November 15, 2024, for its annual meeting of stockholders. The filing indicates that no fee was required for this filing. The company's fiscal year ends on December 31st, and its principal executive offices are located in Greenwood Village, Colorado.

Why It Matters

This filing is a standard regulatory requirement for public companies, providing shareholders with information necessary to vote on company matters at their annual meeting.

Risk Assessment

Risk Level: low — This is a routine regulatory filing and does not contain new financial information or strategic changes that would inherently increase risk.

Key Numbers

• 1231 — Fiscal Year End (Indicates the end of the company's financial reporting year.)

Key Players & Entities

• SOBR Safe, Inc. (company) — Registrant
• 20241115 (date) — Filing Date
• Greenwood Village, Colorado (location) — Company Address

FAQ

Key Financial Figures

• $86.92 — ur Common Stock at exercise prices from $86.92 to $255.20 per share. Includes warrants
• $255.20 — Stock at exercise prices from $86.92 to $255.20 per share. Includes warrants to acquire
• $233.75 — ur Common Stock at an exercise price of $233.75 per share. Does not include 892 restric
• $52.80 — ur Common Stock at exercise prices from $52.80 to $232.10 per share. (6) Includes ve
• $232.10 — Stock at exercise prices from $52.80 to $232.10 per share. (6) Includes vested stock
• $336.60 — ur Common Stock at an exercise price of $336.60 per share. (9) Includes vested stock
• $238.70 — ur Common Stock at an exercise price of $238.70 per share. Includes warrants to acquire

Filing Documents

• sobr_def14a.htm (DEF 14A) — 167KB
• sobr_def14aimg5.jpg (GRAPHIC) — 132KB
• sobr_def14aimg6.jpg (GRAPHIC) — 120KB
• sobr_pre14aimg1.jpg (GRAPHIC) — 41KB
• sobr_pre14aimg2.jpg (GRAPHIC) — 6KB
• sobr_pre14aimg3.jpg (GRAPHIC) — 6KB
• sobr_pre14aimg4.jpg (GRAPHIC) — 5KB
• 0001477932-24-007311.txt ( ) — 596KB

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 October 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 11,362 (4) 1.2 % Common Stock Christopher Whitaker (3) CFO 1,455 (5) <1 % Common Stock Ford Fay (3) Director 675 (6) <1 % Common Stock Steven Beabout (3) Director 6,833 (7) <1 % Common Stock Noreen Butler (3) Director 228 (8) <1 % Common Stock Sandy Shoemaker (3) Director 685 (9) <1 % All Officers and Directors as a Group (6 persons) 21,238 (10) 2.3 % (1) Unless otherwise indicated, based on 921,949 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. (2) Unless indicated otherwise, the address of the stockholder is 6400 South Fiddlers Green Circle, Suite 1400, Greenwood Village, Colorado 80111. (3) Indicates one of our officers or directors. 9 (4) Includes vested stock options to acquire 5,916 shares of our Common Stock at exercise prices from $86.92 to $255.20 per share. Includes warrants to acquire 428 shares of our Common Stock at an exercise price of $233.75 per share. Does not include 892 restricted stock units owned by Mr. Gandini since those restricted stock units have not vested.

Security Ownership of Certain Beneficial Owners

Security Ownership of Certain Beneficial Owners As of October 18, 2024, the following persons who do not serve as an executive officer or director beneficially own more than 5% of its outstanding common stock: Name and Address of Beneficial Owner Amount and Nature of Beneficial Percent of Common Stock Altium Growth Fund, LP, 152 West 57th Street, 20th Floor, New York, New York 10019 246,914 (2) 9.99 % Anson Investments Master Fund LP, Maples Corporate Services Limited, PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands 395,062 (3) 9.99 % Bigger Capital Fund, LP, 11700 W Charleston Boulevard 170-659, Las Vegas, Nevada 89135 246,913 (4) 9.99 % Boothbay Absolute Return Strategies, LP, c/o Meteora Select Trading Opportunities Master, LP, 1200 N Federal Highway, Suite 200. Boca Raton, Florida 33432 166,667 (5) 9.99 % District 2 Capital Fund LP, 14 Wall Street, 2nd Floor, Huntington, New York 11743 123,457 (6) 9.99 % Empery Asset Master, LTD, c/o Empery Asset Management, LP, 1 Rockefeller Plaza, Suite 1205, New York, NY 10020 182,155 (7) 9.99 % Empery Tax Efficient, LP, c/o Empery Asset Management, LP, 1 Rockefeller Plaza, Suite 1205, New York, New York 10020 68,493 (8) 6.92 % Empery Tax Efficient III, LP, c/o Empery Asset Management, LP, 1 Rockefeller Plaza, Suite 1205, New York, New York 10020 119,722 (9) 9.99 % L1 Capital Global Opportunities Master Fund, Ltd., 161A Shedden Road, 1 Artillery Court, PO Box 10085 Grand Cayman KY1-1001, Cayman Islands 308,642 (10) 9.99 % Meteora Select Trading Opportunities Master, LP, 1200 N Federal Highway, Suite 200, Boca Raton, Florida 33432 166,666 (11) 9.99 % All 5% beneficial owners, as a group 2,024,691 9.99 % (1) Calculated in accordance with 1934 Act Rule 13d-3. Based on 921,949 shares of common stock outstanding as of October 18, 2024. (2) Consists of 66,914 shares of common stock and 180,000 shares of the common stock und

View Full Filing

View this DEF 14A filing on SEC EDGAR