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 

 

sobr_s1aimg2.jpg

 

SOBR Safe, Inc.

 

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.

 

 

2

 

 

PART II

 

INFORMATION NOT REQUIRED IN PROSPECTUS

 

 

3

 

 

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

 

 

II-1

 

 

 

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.

 

 

II-2

 

  

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

 

 

 

4