Curated News
By: NewsRamp Editorial Staff
December 30, 2025
SOBRsafe Secures $2M in Private Placement for Alcohol Detection Tech
TLDR
- SOBRsafe's $2.0 million private placement provides capital to scale its non-invasive alcohol detection technology, offering investors early access to a growing behavioral health market.
- SOBRsafe issued 1,290,324 shares at $1.55 each with warrants exercisable at $1.30, generating $2.0 million for working capital through H.C. Wainwright & Co.
- SOBRsafe's touch-based alcohol monitoring enables dignified recovery support, helping individuals rebuild trust and improve safety in behavioral health and family law contexts.
- SOBRsafe detects alcohol through skin contact without breath or blood samples, using transdermal technology for real-time monitoring in consumer and professional markets.
Impact - Why it Matters
This news matters because SOBRsafe's funding and innovative technology address critical gaps in alcohol monitoring, which has far-reaching implications for public health and safety. Traditional methods like breathalyzers or blood tests can be invasive, unreliable, or easily circumvented, whereas SOBRsafe's touch-based system offers a more dignified and passive approach. This could enhance compliance in rehabilitation programs, improve workplace safety in industries like transportation, and support legal systems in family law cases involving substance abuse. By providing real-time, non-invasive detection, the technology empowers individuals in recovery while reducing societal costs associated with alcohol-related incidents, such as accidents or healthcare expenses. As alcohol misuse remains a global issue, advancements like this contribute to more effective prevention and monitoring strategies, potentially saving lives and fostering healthier communities.
Summary
SOBRsafe (NASDAQ: SOBR), a provider of next-generation alcohol monitoring and detection technology, has successfully closed a significant private placement, generating approximately $2.0 million in gross proceeds. The offering involved the issuance of 1,290,324 shares of common stock or pre-funded warrants, along with Series C and Series D warrants that could lead to the purchase of up to 2,580,648 additional shares. Priced at $1.55 per share with warrants exercisable at $1.30 per share, this financial move was facilitated by H.C. Wainwright & Co. as the exclusive placement agent, with Aegis Capital Corp. receiving a cash tail fee. The net proceeds are earmarked for working capital and general corporate purposes, positioning the company for continued growth and innovation in its specialized field. For more details, investors can view the full press release.
The company's core technology represents a breakthrough in alcohol detection, utilizing advanced transdermal (touch-based) methods that detect alcohol emitted through a user's skin in real-time. This approach eliminates the need for traditional breath, blood, or urine samples, offering a passive and dignified screening solution. SOBRsafe's powerful backend data platform supports applications across behavioral health, family law, and consumer markets, as well as licensing and integration opportunities. By enabling trust and empowering recovery with a human touch, the company aims to revolutionize how alcohol monitoring is conducted. To learn more about their innovative solutions, visit their official website.
This announcement is part of a broader communications effort by InvestorWire, a specialized platform within the Dynamic Brand Portfolio at IBN, which provides advanced wire-grade press release syndication and a full array of tailored corporate communications solutions. With services including article and editorial syndication to over 5,000 outlets, enhanced press release features, and social media distribution to millions of followers, InvestorWire helps companies like SOBRsafe reach a wide audience of investors, influencers, and the general public. For the latest updates on SOBR, stakeholders can access the company's newsroom, ensuring they stay informed about developments in this evolving sector.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, SOBRsafe Secures $2M in Private Placement for Alcohol Detection Tech
