SOBR Safe to be acquired by Clean World Ventures; existing shareholders diluted to 1.7% ownership

Filed April 30, 2026 · Period ending April 24, 2026 · ~1 min read

Key Changes

• high

  SOBR Safe entered reverse merger agreement with Clean World Ventures where existing SOBR shareholders will retain only 1.7% of the combined company while CWV shareholders will own 98.3%, representing near-total dilution of current equity holders.

  Item 1.01: Merger Agreement verify on EDGAR →
• high

  CWV will control the entire board of directors and all executive officer positions upon closing, representing complete change of control and management of the company.

  Item 5.01: Change in Control verify on EDGAR →
• high

  Shareholders must approve massive share issuance (over 20% dilution), change of control, reverse stock split to maintain $1.00 Nasdaq minimum bid price, increased authorized shares, and expanded equity incentive plan.

  Item 1.01: Stockholder Approval verify on EDGAR →