Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend]
27 Agosto 2024 - 6:26PM
Edgar (US Regulatory)
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As filed with the Securities and Exchange Commission on August 27, 2024
Registration No. 333-281773
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-1/A
Amendment No. 1
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
www.sobrsafe.com
(Exact name of registrant as specified in its charter)
Delaware | | 3829 | | 26-0731818 |
(State or other jurisdiction of incorporation or organization | | (Primary Standard Industrial Classification Code Number) | | (I.R.S. Employer Identification No.) |
6400 S. Fiddlers Green Circle, Suite 1400 Greenwood Village, Colorado 80111 | | (844) 762-7723 |
(Address, including zip code, of registrant’s principal executive offices) | | (Telephone number, including area code) |
David Gandini, Chief Executive Officer
Christopher Whitaker, Chief Financial Officer
SOBR Safe, Inc.
6400 S. Fiddlers Green Circle, Suite 1400
Greenwood Village, Colorado 80111
(844) 762-7723
(Name, address, including zip code, and telephone
number, including area code, of agent for service)
Copies of all communications, including communications sent to agent for service, should be sent to:
Joseph M. Lucosky, Esq.
Soyoung Lee, Esq.
Lucosky Brookman LLP
101 Wood Avenue South, 5th Floor
Iselin, New Jersey 08830
Telephone: (732) 395-4400
Fax: (732) 395-4401
Approximate date of commencement of proposed sale to the public:
As soon as practicable after this Registration Statement becomes effective.
If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box. ☒
If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐
If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐
If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer | ☐ | Accelerated filer | ☐ |
Non-accelerated filer | ☐ | Smaller reporting company | ☒ |
(Do not check if a smaller reporting company) | Emerging growth company | ☐ |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised accounting standards provided to Section 7(a)(2)(B) of the Securities Act. ☐
The registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, as amended, or until the registration statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine.
EXPLANATORY NOTE
SOBR Safe, Inc. (the “Registrant”) is filing this Amendment No. 1 (this “Amendment”) to the Registration Statement on Form S-1 (File No. 333-281773) as an exhibits-only filing to file Exhibit 5.1 and 23.3 (which is included in Exhibit 5.1). Accordingly, this Amendment consists only of the facing page, this explanatory note, Item 16 of Part II of the Registration Statement, including the signature page and the exhibit index, and the filed exhibits. The prospectus is unchanged and has been omitted.
PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
ITEM 16. EXHIBITS
The following exhibits are filed as part of this registration statement:
Exhibit | | | | Reference | | Filed or Furnished |
Number | | Exhibit Description | | Form | | Exhibit | | Filing Date | | Herewith |
3.1 | | Articles of Incorporation of Imagine Media, Ltd. | | SB-2 | | 3.1 | | 01/31/2008 | | |
3.2 | | Articles of Amendment to Articles of Incorporation to TransBiotec, Inc. | | S-1 | | 3.2 | | 11/06/2012 | | |
3.3 | | Certificate of Amendment to Certificate of Incorporation filed with the State of Delaware on May 25, 2017 | | 10-K | | 3.3 | | 02/06/2019 | | |
3.4 | | Amended and Restated Bylaws of SOBR Safe, Inc. | | 8-K | | 3.1 | | 11/19/2019 | | |
3.5 | | Certificate of Amendment to Certificate of Incorporation of TransBiotec, Inc. changing name to SOBR Safe, Inc., effecting 1-for-33.26 reverse stock split and decreasing authorized common stock to 100M shares | | 8-K | | 3.1 | | 06/11/2020 | | |
4.1 | | Form of Representative’s Warrant between SOBR Safe, Inc. and Aegis Capital Corp. | | 8-K | | 4.1 | | 05/19/2022 | | |
4.2 | | Warrant Agency Agreement between SOBR Safe, Inc. and Equiniti Trust Company dated May 17, 2022 | | 8-K | | 4.2 | | 05/19/2022 | | |
4.3 | | Form of Unit Warrant, issued May 18, 2022 | | 8-K | | 4.3 | | 05/19/2022 | | |
5.1 | | Legal Opinion of Lucosky Brookman LLP | | | | | | | | X |
10.1 | | TransBiotec, Inc. 2019 Equity Incentive Plan | | 8-K | | 10.1 | | 11/19/2019 | | |
10.2* | | Employment Agreement with David Gandini dated October 25, 2019 | | 8-K | | 10.3 | | 11/19/2019 | | |
10.3 | | Amendment No. 1 to Asset Purchase Agreement dated March 23, 2020 by and between IDTEC, LLC and TransBiotec, Inc. | | 10-Q | | 10.12 | | 05/26/2020 | | |
10.4 | | Form of Convertible Promissory Note Issued to IDTEC, LLC at Close of Asset Purchase Transaction | | 8-K | | 10.3 | | 06/11/2020 | | |
10.5 | | Waiver Under Asset Purchase Agreement and Post-Closing Covenant Agreement dated June 5, 2020 by and between IDTEC, LLC and TransBiotec, Inc. | | 8-K | | 10.4 | | 06/11/2020 | | |
10.6 | | Warrant to Purchase Common Stock dated June 5, 2020 issued to IDTEC, LLC | | 8-K | | 10.5 | | 06/11/2020 | | |
10.7* | | Advisory Agreement with Steven Beabout dated October 9, 2020 | | 10-K | | 10.16 | | 03/31/2021 | | |
10.8 | | 18% Original Issue Discount Convertible Debenture issued by SOBR Safe, Inc. to Armistice Capital Master Fund Ltd. dated September 27, 2021 | | 8-K | | 10.1 | | 10/01/2021 | | |
10.9 | | Warrant to Purchase Common Stock issued by SOBR Safe, Inc. to Armistice Capital Master Fund Ltd. dated September 27, 2021 | | 8-K | | 10.2 | | 10/01/2021 | | |
10.10 | | Securities Purchase Agreement by and between SOBR Safe, Inc. and Armistice Capital Master Fund Ltd. dated September 27, 2021 | | 8-K | | 10.3 | | 10/01/2021 | | |
10.11 | | Registration Rights Agreement by and between SOBR Safe, Inc. and Armistice Capital Master Fund Ltd. dated September 27, 2021 | | 8-K | | 10.4 | | 10/01/2021 | | |
10.12 | | Form of” Secured Convertible Debenture issued by SOBR Safe, Inc. in $2M Regulation D Offering | | S-1/A | | 10.21 | | 12/01/2021 | | |
10.13 | | Form of” Warrant issued by SOBR Safe, Inc. in Regulation D Offering | | S-1/A | | 10.22 | | 12/01/2021 | | |
10.14* | | Executive Employment Agreement with Scott Bennett dated August 17, 2021 | | S-1/A | | 10.24 | | 01/19/2022 | | |
10.15* | | Executive Employment Agreement with Michael Watson dated October 11, 2021 | | S-1/A | | 10.25 | | 01/19/2022 | | |
10.16* | | Executive Employment Agreement with Gerard Wenzel dated January 1, 2022 | | 8-K | | 10.1 | | 01/19/2022 | | |
10.17 | | Form of Share Exchange Agreement with David Gandini and Gary Graham for Series B Preferred Stock | | S-1/A | | 10.28 | | 03/17/2022 | | |
10.18 | | Common Stock Purchase Warrant issued by SOBR Safe, Inc. to Armistice Capital Master Fund Ltd dated March 30, 2022 | | S-1 | | 10.30 | | 09/16/2022 | | |
10.19 | | Waiver by and between SOBR Safe, Inc. and Armistice Capital Master Fund Ltd. dated March 30, 2022 | | 8-K | | 10.1 | | 04/01/2022 | | |
10.20 | | Securities Purchase Agreement by and between SOBR Safe, Inc. and Aegis Capital Corp. dated September 28, 2022 | | 8-K | | 10.1 | | 10/03/2022 | | |
10.21 | | Registration Rights Agreement by and between SOBR Safe, Inc. and Purchasers dated September 30, 2022. | | 8-K | | 10.2 | | 10/03/2022 | | |
10.22 | | Form of Pre-Funded Warrant Agreement by and between SOBR Safe, Inc. and Purchasers dated September 30, 2022 | | 8-K | | 10.3 | | 10/03/2022 | | |
10.23 | | Form of Warrant Agreement by and between SOBR Safe, Inc. and Purchasers dated September 30, 2022 | | 8-K/A | | 10.4 | | 10/14/2022 | | |
10.24* | | Executive Employment Agreement with David Gandini dated January 30th, 2023 | | 8-K | | 10.1 | | 02/03/2023 | | |
10.25 | | Purchase Agreement between SOBR Safe, Inc. and Purchasers dated March 7, 2023 | | 8-K | | 10.1 | | 03/13/2023 | | |
10.26 | | Registration Rights Agreement between SOBR Safe, Inc. and Purchasers dated March 7, 2023 | | 8-K | | 10.2 | | 03/13/2023 | | |
10.27 | | Form of Senior Convertible Note between SOBR Safe, Inc. and Holders dated March 9, 2023 | | 8-K | | 10.3 | | 03/13/2023 | | |
10.28 | | Common Stock Purchase Warrant between SOBR Safe, Inc. and Holders dated March 9, 2023 | | 8-K | | 10.4 | | 03/13/2023 | | |
10.29 | | Amended And Restated Common Stock Purchase Warrant dated September 30, 2022 issued by SOBR Safe, Inc. to Armistice Capital Master Fund Ltd. amending the original warrant dated March 30, 2022 | | S-1 | | 10.35 | | 10/14/2022 | | |
10.30 | | Amended And Restated Common Stock Purchase Warrant dated September 30, 2022 issued by SOBR Safe, Inc. to Armistice Capital Master Fund Ltd. amending the original warrant dated September 27, 2021 | | S-1 | | 10.36 | | 10/14/2022 | | |
10.31* | | Consulting Agreement by and between SOBR Safe, Inc. and Winterstone Group, LLC dated January 21, 2022 | | 8-K | | 10.1 | | 07/27/2022 | | |
10.32 | | Services Agreement by and between SOBR Safe, Inc. and TraDigital Marketing Group, LLC dated January 18, 2022 | | 8-K | | 10.2 | | 07/27/2022 | | |
10.33 | | Confirming Agreement by and between SOBR Safe, Inc. and Winterstone Group, LLC dated May 16, 2022 | | 8-K | | 10.3 | | 07/27/2022 | | |
10.34 | | Confirming Agreement by and between SOBR Safe, Inc. and TraDigital Marketing Group, LLC dated May 16, 2022 | | 8-K | | 10.4 | | 07/27/2022 | | |
10.35 | | Form of Inducement Letter between SOBR Safe, Inc. and the Holder, dated June 4, 2024 | | 8-K | | 10.1 | | 06/04/2024 | | |
10.36 | | Form of New Warrant | | 8-K | | 10.2 | | 06/04/2024 | | |
21.1 | | List of Subsidiaries | | 10-K | | 21.1 | | 04/01/2024 | | |
23.1 | | Consent of Independent Registered Public Accounting Firm | | S-1 | | 23.1 | | 08/23/2024 | | |
23.2 | | Consent of Independent Registered Public Accounting Firm | | S-1 | | 23.2 | | 08/23/2024 | | |
23.3 | | Consent of Lucosky Brookman LLP (Included in Exhibit 5.1) | | | | | | | | X |
24 | | Power of Attorney (included in the signature page of this Registration Statement) | | S-1 | | 24 | | 08/23/2024 | | |
97.1 | | Compensation Recovery Policy | | 10-K | | 97.1 | | 04/01/2024 | | |
101.INS | | Inline XBRL Instance Document. | | | | | | | | X |
101.SCH | | Inline XBRL Taxonomy Extension Schema Linkbase Document. | | | | | | | | X |
101.CAL | | Inline XBRL Taxonomy Extension Calculation Linkbase Document. | | | | | | | | X |
101.DEF | | Inline XBRL Taxonomy Extension Definition Linkbase Document. | | | | | | | | X |
101.LAB | | Inline XBRL Taxonomy Extension Label Linkbase Document. | | | | | | | | X |
101.PRE | | Inline XBRL Taxonomy Extension Presentation Linkbase Document. | | | | | | | | X |
104 | | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). | | | | | | | | X |
107 | | Filing Fee Table | | S-1 | | 107 | | 08/23/2024 | | |
* | Indicates a management contract or compensatory plan or arrangement. |
** | To be filed by amendment |
**XBRL (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant has duly caused this Registration Statement on Form S-1 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Greenwood Village, State of Colorado, on this 27rd day of August, 2024.
| SOBR Safe, Inc. | |
| | | |
Dated: August 27, 2024 | By: | /s/ David Gandini | |
| | David Gandini | |
| Its: | Chief Executive Officer, Principal Executive Officer, and Secretary | |
Dated: August 27, 2024 | | /s/ Christopher Whitaker | |
| By: | Christopher Whitaker | |
| Its: | Chief Financial Officer, Principal Financial Officer, and Treasurer | |
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates stated.
Dated: August 27, 2024 | By: | /s/ David Gandini | |
| | David Gandini, Chairman of the Board of Directors, Secretary and Chief Executive Officer, Principal Executive Officer | |
| | | |
Dated: August 27, 2024 | | /s/ Christopher Whitaker | |
| | Christopher Whitaker, Chief Financial Officer, Principal Financial Officer | |
| | | |
Dated: August 27, 2024 | By: | * | |
| | Ford Fay, Director | |
| | | |
Dated: August 27, 2024 | By: | * | |
| | Steven Beabout, Director | |
| | | |
Dated: August 27, 2024 | By: | * | |
| | Sandy Shoemaker, Director | |
| | | |
Dated: August 27, 2024 | By: | * | |
| | Noreen Butler, Director | |
* David Gandini and Christopher Whitaker, pursuant to Powers of Attorney (executed by each of the officers and directors listed above and indicated as signed above, and filed with the Securities and Exchange Commission), by signing his name hereto does hereby sign and execute this Amendment to the Registration Statement on behalf of each of the persons referenced above.
Dated: August 27, 2024 | By: | /s/ David Gandini | |
| | David Gandini Attorney-in Fact | |
| | | |
Dated: August 27, 2024 | | /s/ Christopher Whitaker | |
| | Christopher Whitaker Attorney-in-Fact | |
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