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SOBR Safe Priced, Nasdaq: SOBR

Developing a non-invasive alcohol detection and identity verification system.

Industry: Technology

Latest Trade: $0.26 0.00 (0.0%)

First Day Return: -52.9%

Return from IPO: -93.9%

Industry: Technology

We intend to provide companies with non-invasive technology to quickly and safely identify potential alcohol issues with their employees or contractors, that if left undetected could cause injury or death. These technologies will be integrated within our robust and scalable data platform, producing statistical and measurable user and business data. Our mission is to save lives, increase productivity, create significant economic benefit for our customers and positively impact behavior. To that end, we developed the scalable, patent-pending SOBRSafe™ software platform for non-invasive alcohol detection and identity verification, a solution that has anticipated applications in commercial vehicle fleets, manufacturing and warehousing, construction, and for commercial fleet and youth drivers in a wearable form. We believe that uniform daily use of our device could result in material insurance savings across workers’ compensation, general liability and fleet policies. We have successfully completed several pilot testing programs involving our SOBRcheck™ device, which is our first device that has our scalable, patent-pending SOBRSafe™ software platform for non-invasive alcohol detection and identity verification.
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IPO Data
IPO File Date 02/11/2022
Offer Price $4.25
Price Range $4.25 - $4.75
Offer Shares (mm) 2.4
Deal Size ($mm) $10
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/13/2022
Offer Price $4.25
Price Range $4.25 - $4.75
Offer Shares (mm) 2.4
Deal Size ($mm) $10
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Aegis Capital Corp.
Company Data
Headquarters Greenwood Village, CO, United States
Founded 2007
Employees 9
Website www.sobrsafe.com

SOBR Safe (SOBR) Performance