Firm News

The Latest News from Lucosky Brookman

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 its offering of $3.5 Million Convertible Senior Notes

Lucosky Brookman is proud to congratulate their client, SOBR, on their successful partnership with Aegis Capital Corp. As a trusted legal advisor to SOBR, Lucosky Brookman is thrilled to have played a key role in this exciting achievement.

SOBR, a leading provider of technology-enabled alcohol monitoring devices, has announced that Aegis Capital Corp acted as its exclusive placement agent for a $3.5 million financing round. The financing will be used to support the growth of SOBR's cutting-edge alcohol monitoring technology and expand their presence in the market.

"We are thrilled to have been able to support SOBR in this important transaction," said Joseph Lucosky, Managing Partner of Lucosky Brookman. "SOBR is a true innovator in the alcohol monitoring space, and we are proud to have played a role in helping them secure the financing they need to continue their important work."

Lucosky Brookman has been working with SOBR, providing legal advice and guidance on a wide range of issues. The firm has a deep understanding of the unique challenges facing companies in the technology sector, and has been able to provide strategic support to SOBR as they navigate a rapidly evolving regulatory landscape.

With the successful completion of this financing round, SOBR is well-positioned to continue its growth trajectory and make a significant impact in the alcohol monitoring space. Lucosky Brookman looks forward to continuing to support the company in its efforts to develop cutting-edge technology and expand its market presence.

"This minimally dilutive financing is consistent with our long-term capital markets strategy, and allows us to ‘pull-forward' technology enhancements previously considered for 2024," said Chairman & CEO David Gandini. "With this accelerated pace, we can be even more opportunistic in executing our sales, integration and licensing strategy - while further extending our financial runway."

Lucosky Brookman acted as counsel to SOBR, while Aegis Capital Corp acted as exclusive placement agent for the offering.