Lucosky Brookman Successfully Represents Aegis Capital Corp. in Pricing of $10 Million Public Offering and Nasdaq Listing of SOBR Safe, Inc.
Lucosky Brookman LLP congratulates SOBR Safe, Inc. (NASDAQ: SOBR), providers of innovative solutions for alcohol policy management, on its successful pricing of its underwritten public offering of 2,352,942 units (the “Common Units”), at a price to the public of $4.25 per Common Unit, for aggregate gross proceeds of $10 million, prior to deducting underwriting discounts, commissions, and other estimated offering expenses. Each unit consists of one share of common stock, par value $0.00001 per share, and two warrants, each warrant exercisable for one share of common stock. The common stock and warrants are immediately separable from the Units and will be issued separately. The warrants are exercisable immediately, expire five years from the date of issuance and have an exercise price of $4.25.
The Company also announced that, in connection with the offering, its common stock has been approved for listing on the Nasdaq Capital Market and began trading on the Nasdaq Capital Market under the symbol "SOBR" on May 16, 2022.
Joseph Lucosky, Managing Partner of Lucosky Brookman, commented, “No transaction is easy and this one was no exception given the tremendous market obstacles. Congratulations to CEO, Dave Gandini, all the bankers Aegis Capital Corp. and the attorneys at Lucosky Brookman who Lucosky Brookman acted as counsel to Aegis Capital Corp., the lead book-running manager for the offering.