SOBR Safe, Inc. - SOBR STOCK NEWS

SOBR Safe (NASDAQ:SOBR) announced a significant partnership with ABW Compliance Services, which has made a multi-unit purchase of the SOBRcheck alcohol screening solution. This collaboration aims to enhance workplace safety in critical industries, including aviation and shipping, by providing non-invasive alcohol testing for employees. ABW's founder emphasized a shift towards more inclusive workplace policies that encourage employee wellness and reduce alcohol-related incidents, aligning closely with SOBRsafe's values. SOBRcheck was recently recognized as the 2022 New Product of the Year in safety monitoring.

SOBR Safe, Inc. (NASDAQ:SOBR) has completed a $6 million private placement, facilitated by Aegis Capital Corp. as the exclusive placement agent. The funds will support the development of its non-invasive alcohol detection and identity verification technologies, including products like SOBRcheck and SOBRsure. Founded in 2004 and based in Greenwood Village, Colorado, SOBR Safe aims to innovate in the field of alcohol monitoring and identity verification for various applications.

SOBR Safe (NASDAQ:SOBR) announced the active market use of its Safe Driver solutions geared towards eliminating impaired driving. The NTSB recently underscored the need for innovative technologies to enhance road safety. SOBRsafe's passive alcohol detection system is already aiding companies like Continental Services. The firm also launched the SOBRsure wearable wristband and entered the rideshare market with RubiRides. SOBRsafe plans to release a version for teen drivers in Q1 2023, highlighting its commitment to creating safer driving conditions.

SOBR Safe, Inc. (NASDAQ:SOBR) announced the closing of a $6 million private placement with institutional investors. The company issued 1,925,677 units and 2,128,378 pre-funded units at a price of $1.48 per unit, with each including one share of common stock and a non-tradable warrant. The warrants are exercisable at $1.35 for seven years. The proceeds will support SOBRsafe's alcohol screening solutions aimed at reducing alcohol-related incidents in various industries. The securities sold are not registered under the Securities Act and are available only to accredited investors.

SOBR Safe, Inc. (Nasdaq:SOBR) has signed three reseller agreements with established national distributors to enhance its judicial sales strategy. This move aims to replace traditional breathalyzers in the American judicial market, significantly expanding their customer base. The Company plans to deploy over 20 sales professionals nationwide. SOBRsafe's touch-based alcohol detection technology is positioned as a game-changer in the industry, promising real-time results and advancing alcohol safety in various applications, including workplaces and rehabilitation programs.

SOBR Safe, Inc. (NASDAQ:SOBR) has announced a $6 million private placement offering with institutional investors, involving the issuance of 4,054,055 units at $1.48 per unit. Each unit includes one share of common stock and one non-tradable warrant exercisable at $1.35 for seven years. The offering is expected to close by September 30, 2022. The funds will assist in advancing SOBRsafe's innovative alcohol screening solutions aimed at preventing workplace intoxication and improving safety standards.

SOBR Safe, Inc. (NASDAQ:SOBR) has announced a SaaS agreement with Alternatives, Inc., marking the installation of SOBRcheck, its touch-based alcohol detection technology, at Alternatives' facilities. This technology replaces traditional breathalyzers, enhancing client identification and sobriety verification via biometric scans. Alternatives serves over 7,000 clients, aiming to promote public safety and reintegration. The press release highlights the efficiency and sanitary advantages of SOBRcheck, which provides real-time results and mitigates challenges faced by clients with respiratory issues.

SOBR Safe, Inc. (NASDAQ:SOBR) announced its participation in the H.C. Wainwright 24th Annual Global Investment Conference on September 14, 2022, in New York City. Chairman & CEO Dave Gandini will present at 12:30pm ET and will be available for individual meetings on September 12 and 14. SOBRsafe focuses on innovative alcohol detection solutions, which address the $249 billion annual cost of alcohol abuse in the U.S. The technology aims to improve safety in commercial fleets and workplaces.

SOBR Safe, Inc. (Nasdaq:SOBR), renowned for its alcohol detection solutions, announced CEO Dave Gandini's feature on the Emmy-winning The Big Biz Show. Highlighting the urgent need to combat alcohol abuse in workplaces, the program emphasized the substantial market potential for such solutions. SOBRcheck™, the company's patented alcohol detection technology, recently earned Occupational Health & Safety's 2022 New Product of the Year. With alcohol abuse costing the U.S. economy $249 billion annually, SOBRsafe aims to prevent intoxicated individuals from operating machinery or vehicles.