Sobrsafe completes strategic refinance of maturing debt

Denver, co / accesswire / march 9, 2023 / sobr safe, inc. (nasdaq:sobr) (sobrsafe™), providers of industry-leading alcohol detection solutions, today announced the closing of its offering of $3.5 million aggregate principal amount of convertible senior notes due 2025 (the "notes"), and accompanying warrants (the "warrants") to purchase approximately 0.38 million shares of common stock. the company intends to replace approximately $2.5 million in existing maturing debt.
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