SOBR Safe, Inc. will discontinue its alcohol monitoring and detection hardware and software operations effective July 31, 2026, including the sale of SOBRcheck and SOBRsure devices and SOBRsafe software services. The restructuring plan aims to decrease annual operating costs by approximately $1.2 million, with estimated aggregate costs of $50,000 for severance and decommissioning. These actions are intended to preserve cash to support a proposed business combination with Clean World Ventures, Inc. SOBR Safe, Inc. operates in the alcohol monitoring and detection technology industry.
