DealsSep 18, 2026, 04:16 PM
SOBR Safe Terminates Merger Agreement with Clean World Ventures
AI Summary
SOBR Safe, Inc. announced the mutual termination of its Agreement and Plan of Merger and Reorganization with Clean World Ventures, Inc. and Roy DiBenerdini. The termination, effective September 17, 2026, includes a mutual release of claims related to the merger agreement and its associated documents, with the exception of claims related to breaches of the termination agreement or the existing Non-Disclosure Agreement. As part of the termination, SOBR Safe will withdraw its registration statement on Form S-4.
Key Highlights
- SOBR Safe, Inc. and Clean World Ventures, Inc. mutually terminated their Agreement and Plan of Merger and Reorganization.
- The termination agreement includes a mutual release of claims related to the merger agreement and its ancillary documents.
- SOBR Safe will withdraw its previously filed registration statement on Form S-4.
- The parties agreed to continue to be bound by the terms of their Mutual Non-Disclosure Agreement dated April 6, 2026.
Price Impact
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