SOBR Safe merges alcohol monitoring business with Clean World Ventures
Updated
Updated · MarketWatch · Apr 30
SOBR Safe merges alcohol monitoring business with Clean World Ventures
9 articles · Updated · MarketWatch · Apr 30
SOBR shares jumped 30% after hours to 71 cents; the deal is expected to close in the third quarter.
The combined company will operate as Clean World Ventures, with CWV holding about 98% and choosing executive leadership and board members.
Financial terms were not disclosed. The business will focus on energy technology for AI data centres, while SOBR Safe's alcohol-monitoring unit is expected to keep operating independently.
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