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Lucosky Brookman is a leader in the representation of small and micro-cap companies. The Firm has led it clients through numerous capital raise transaction and over a dozen uplisting and initial public offering transactions.  Access the latest news about Lucosky Brookman, our clients’ business transactions and industry updates here. 

Lucosky Brookman Successfully Represents SOBR Safe, Inc. in Pricing of $6 Million Private Placement

Lucosky Brookman LLP congratulates its client, SOBR Safe, Inc. (NASDAQ: SOBR), providers of industry-leading alcohol screening solutions, in the closing of its $6 Million private placement with multiple institutional investors.

Congratulations to CEO, David Gandini, Chris Whitaker, Jerry Wenzel and the entire SOBR management team. Without their guidance and stewardship of the company and assistance throughout the transaction, we would never have been able to close. This was a true team effort – culminating in a last-minute (3-hour) rush to price – which was done successfully. Tremendous effort and success by all.

It is always a pleasure working with Aegis and Robert (Bob) Eide, Isaac Livni Eide, Anthony Lapadula, Griffin Cassagne and the entire Aegis team. Aegis served as the exclusive Placement Agent in connection with the offering. Lucosky Brookman was counsel to the company.

In connection with the offering, the Company issued 4,054,055 units and pre-funded units at a purchase price of $1.48 per unit priced at-the-market under Nasdaq rules. The pre-funded units were sold at the same price, less the pre-funded warrant exercise price of $0.001. Each unit and pre-funded unit consists of one share of common stock and one non-tradable warrant exercisable for one share of common stock at a price of $1.35.