SOBR Safe Inc. filed SEC Form 8-K: Leadership Update, Submission of Matters to a Vote of Security Holders, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Other Events, Financial Statements and Exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
Current Report
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
See Item 5.07 for further information regarding the election of directors at the 2025 annual meeting of the stockholders of SOBR Safe, Inc. (the “Company”) held on July 17, 2025 (the “Annual Meeting”).
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
See Item 5.07 for information regarding approval of the amendment of the Company’s Amended and Restated Bylaws at the Company’s Annual Meeting. A copy of the Amended and Restated Bylaws of the Company is filed and furnished as Exhibit 3.2 to this Current Report on Form 8-K and is incorporated by reference herein.
Item 5.07. Submission of Matters to a Vote of Security Holders.
The Company convened its Annual Meeting virtually on Thursday, July 17, 2025 at 10:00 a.m. Mountain Time via webcast at www.virtualshareholdermeeting.com/SOBR2025. A quorum was present for the Annual Meeting.
At the Annual Meeting, five proposals were submitted to the stockholders for approval as set forth in the definitive proxy statement as filed with the Securities and Exchange Commission on June 23, 2025. As of the record date, June 9, 2025, a total of 1,516,145 shares of common stock of the Company were issued and outstanding and entitled to vote. The holders of record of 825,245 shares of common stock were present or represented by proxy at said meeting, representing 54.4% of the total shares outstanding and entitled to vote at the Annual Meeting.
At the Annual Meeting, the stockholders approved all five proposals submitted. The final votes on the proposals were cast as set forth below:
| 1. | Proposal No. 1 – Bylaws. The stockholders approved the Amended and Restated Bylaws to, among other things, implement a staggered Board structure whereby the Board of Directors shall be divided into three classes, as nearly equal in number as possible, designated: Class I, Class II and Class III, with each director serving for a term ending on the date of the third annual meeting following the annual meeting at which such director was elected; provided, that each director initially appointed to Class I shall serve for an initial term expiring at the Company’s 2026 annual meeting of stockholders; each director initially appointed to Class II shall serve for an initial term expiring at the Company’s 2027 annual meeting of stockholders; and each director initially appointed to Class III shall serve for an initial term expiring at the Company’s 2028 annual meeting of stockholders. |
Shares FOR |
| Shares AGAINST |
| ABSTAIN | Broker Non-Vote |
358,857 |
| 25,663 |
| 968 | 439,757 |
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| 2. | Proposal No. 2 – Election of Directors. The stockholders elected Kris Pederson as a Class I director to hold office until the 2026 annual meeting of stockholders, Sandy Shoemaker as a Class II director to hold office until the 2027 annual meeting of stockholders, and each of Steven Beabout, Ford Fay, and David Gandini as Class III directors to hold office until the 2028 annual meeting of stockholders, and in all cases until their respective successors are elected and qualified. |
Name |
| Shares FOR |
| WITHHOLD Authority To Vote | Broker Non-Vote |
Kris Pederson |
| 360,313 |
| 25,175 | 439,757 |
Sandy Shoemaker |
| 359,161 |
| 26,327 | 439,757 |
Steven Beabout |
| 360,396 |
| 25,092 | 439,757 |
Ford Fay |
| 359,012 |
| 26,476 | 439,757 |
David Gandini |
| 360,107 |
| 25,381 | 439,757 |
| 3. | Proposal No. 3 – 2019 Equity Incentive Plan. The stockholders approved an amendment to the Company’s 2019 Equity Incentive Plan to increase the number of shares available for awards under the plan to 350,000 as of July 17, 2025. |
Shares FOR |
| Shares AGAINST |
| ABSTAIN | Broker Non-Vote |
325,447 |
| 59,363 |
| 678 | 439,757 |
| 4. | Proposal No. 4 – Reverse Stock Split. The stockholders approved the grant to the Board of Directors of discretion (if necessary to maintain a listing of the Company’s common stock on the Nasdaq Capital Market) to amend the Company’s certificate of incorporation to implement a reverse stock split of the outstanding shares of common stock in a range from one-for-two (1:2) up to one-for-ten 1:10), or anywhere between, as may be determined by the Board of Directors on or before December 31, 2025. |
Shares FOR |
| Shares AGAINST |
| ABSTAIN | Broker Non-Vote |
648,873 |
| 176,283 |
| 89 | 0 |
| 5. | Proposal No. 5 – Auditors. The stockholders ratified and approved the appointment of Haynie and Company, as the Company’s independent registered accounting firm for the year ended December 31, 2025. |
Shares FOR |
| Shares AGAINST |
| ABSTAIN | Broker Non-Vote |
798,175 |
| 25,670 |
| 1,400 | 0 |
Item 8.01. Other Items.
At the Annual Meeting, the Company included a presentation slide as part of the meeting materials. A copy of the slide is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Amended and Restated Bylaws of the Company dated July 17, 2025 | |
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104 |
| Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SOBR Safe, Inc. a Delaware corporation |
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Dated: July 18, 2025 | By: | /s/ David Gandini |
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| David Gandini, Chief Executive Officer |
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