Learn more

SOBR Safe, Inc. (NASDAQ:SOBR) shares are trading higher Friday morning. On Thursday, the company filed a Form RW indicating that it has decided not to proceed with the proposed public offering at this time. The Commission has not declared the Registration Statement effective, and no securities have been sold in connection with the offering. Recently, the company announced the pricing of a private placement with institutional investors, expected toraise $8.2 million in gross proceeds. The company planned to issue 2.02 million units at $4.05 per unit, each consisting of one share of common stock…

cuu