Curated News
By: NewsRamp Editorial Staff
December 26, 2025
SOBRsafe Secures $2M in Private Placement to Fuel Alcohol Detection Tech
TLDR
- SOBRsafe's $2 million private placement offers investors immediate warrants at $1.30 per share, providing potential leverage in the alcohol detection technology market.
- SOBRsafe issued 1,290,324 shares at $1.55 each with warrants exercisable at $1.30, generating $2 million for working capital through H.C. Wainwright & Co.
- SOBRsafe's funding supports touch-based alcohol detection technology that enables dignified monitoring, potentially improving safety and recovery outcomes in behavioral health and family law.
- SOBRsafe uses transdermal technology to detect alcohol through skin contact, eliminating the need for breath, blood, or urine samples in monitoring solutions.
Impact - Why it Matters
This funding round is crucial as it supports the expansion of SOBRsafe's innovative, non-invasive alcohol monitoring technology, which has significant implications for public safety and health. In contexts like workplace safety, legal compliance (e.g., in family law or probation), and addiction recovery, traditional methods like breathalyzers can be intrusive or unreliable. SOBRsafe's touch-based system offers a more dignified, passive solution that could reduce stigma and improve compliance in monitoring programs. For investors, it signals confidence in a growing market for behavioral health tech, potentially driving advancements that benefit society by preventing alcohol-related incidents and supporting recovery efforts. As alcohol misuse remains a global health concern, technologies like this could transform how we approach detection and intervention.
Summary
SOBRsafe (NASDAQ: SOBR), a pioneer in next-generation alcohol monitoring technology, has secured significant funding through a private placement. The company entered definitive agreements to issue and sell 1,290,324 shares of common stock (or pre-funded warrants in lieu thereof) along with Series C and Series D warrants, each allowing the purchase of up to 1,290,324 additional shares. Priced at-the-market under Nasdaq rules at $1.55 per share and associated warrants, with H.C. Wainwright & Co. acting as exclusive placement agent, this offering is expected to generate approximately $2.0 million in gross proceeds. The warrants carry an exercise price of $1.30 per share and are immediately exercisable, with Series C warrants expiring in five years and Series D warrants in twenty-four months after the applicable resale registration statement's effective date. Net proceeds are earmarked for working capital and general corporate purposes, fueling SOBRsafe's growth in the behavioral health, family law, and consumer markets.
At the core of this financial move is SOBRsafe's innovative technology, which represents a significant advancement in alcohol detection. The company's transdermal (touch-based) system detects alcohol presence through a user's skin in real-time, eliminating the need for breath, blood, or urine samples. This passive, dignified screening solution, powered by a robust backend data platform, is designed to enable trust and empower recovery with a human touch. For more details on this development, interested parties can view the full press release. To learn more about SOBRsafe's groundbreaking approach, visit their website. The company's newsroom also provides the latest updates and information for investors.
This announcement is disseminated through InvestorWire, a specialized communications platform within the Dynamic Brand Portfolio at IBN, which offers advanced wire-grade press release syndication and a suite of corporate communications solutions. InvestorWire leverages a vast network, including article and editorial syndication to over 5,000 outlets, enhanced press release features, and social media distribution via IBN to millions of followers, ensuring broad reach for clients like SOBRsafe. By cutting through information overload, InvestorWire helps companies achieve unparalleled recognition and brand awareness, making it a key player in financial communications. For comprehensive information, visit the InvestorWire website.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, SOBRsafe Secures $2M in Private Placement to Fuel Alcohol Detection Tech
