Company: SOBR
Filing Date: 2025-06-13
Form Type: PRE 14A
Source: 0001477932-25-004596
Chunk: 43

Company: SOBR Safe, Inc.
Filing Date: 2025-06-13
Form: PRE 14A
Chunk 43
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 adjustments will be made to the per-share exercise price and the number of shares covered by outstanding options and warrants to buy common stock, so that the total prices required to be paid to fully exercise each option and warrant before and after the Reverse Stock Split will be approximately equal.

The Board does not intend as part of the Reverse Stock Split to reduce the amount of the Company’s authorized shares of common stock. As of the Record Date, the Company has a total of 100,000,000 shares of common stock authorized and 1,516,145 shares issued, leaving 98,483,855 shares available for issuance, not including shares reserved for issuance upon exercise of warrants or options, or any other convertible security. If Proposal No. 4 is approved, the number of unissued, available authorized shares of Common Stock will increase, as reflected in the following table as if the Reverse Stock Split were to occur on the Record Date:

| Ratio |     | Authorized |             |     | Issued pre- Reverse Stock Split* |           |     | Issued post- Reverse Stock Split** |         |     | Post- Reverse Stock Split Shares Available for Issuance* |            |
| 1:2   |     |            | 100,000,000 |     |                                  | 1,516,145 |     |                                    | 758,073 |     |                                                          | 99,241,927 |
| 1:3   |     |            | 100,000,000 |     |                                  | 1,516,145 |     |                                    | 505,382 |     |                                                          | 99,494,618 |
| 1:5   |     |            | 100,000,000 |     |                                  | 1,516,145 |     |                                    | 303,229 |     |                                                          | 99,696,771 |
| 1:10  |     |            | 100,000,000 |     |                                  | 1,516,145 |     |                                    | 151,615 |     |                                                          | 99,848,385 |

*Does not reflect shares reserved for issuance upon exercise of warrants or options, or any other convertible security.

**For purposes of this illustration, fractional shares are rounded up.

| 25 |

The increase in the number of shares of common stock available for issuance and any subsequent issuance of such shares could have the effect of delaying or preventing a change in control of the Company without further action