SOBR Safe Files FormRW, The Company Has Determined Not To Pursue The Contemplated Public Offering At This Time. The Commission Has Not Declared The Registration Statement Effective Under The Act And No Securities Were Sold In Connection With The Offering Contemplated By The Registration Statement.
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SOBR Safe has filed a Form RW with the SEC, indicating that it will not proceed with its planned public offering at this time. The SEC has not declared the registration statement effective, and no securities were sold.
October 17, 2024 | 8:33 pm
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SOBR Safe has decided not to move forward with its planned public offering, filing a Form RW with the SEC. The registration statement was not declared effective, and no securities were sold.
The decision not to proceed with the public offering means there will be no immediate dilution of shares or capital influx. This could be neutral for the stock price as it avoids potential dilution but also misses out on potential capital raising.
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