SOBRsafe (NASDAQ: SOBR) announced it has entered into a definitive agreement with Clean World Ventures Inc. for a proposed business combination that would result in the combined company operating under the Clean World Ventures name, with CWV expected to own approximately 98% of the entity upon closing. The transaction, anticipated to close in the third quarter of 2026 pending approvals and financing, aims to advance scalable, zero-carbon distributed energy systems leveraging wastewater and scrap aluminum feedstock, while SOBRsafe’s alcohol detection business is expected to continue operating independently as the company evaluates monetization opportunities.
To view the full press release, visit https://ibn.fm/WQnkr
About SOBRsafe(TM)
Through next-generation alcohol detection technology, we enable trust and empower recovery … with a human touch. SOBRsafe’s advanced transdermal (touch-based) technology detects and reports in real-time the presence of alcohol as emitted through a user’s skin – no breath, blood, or urine samples are required. With a powerful backend data platform, SOBRsafe provides passive, dignified screening and monitoring solutions for the behavioral health, family law and consumer markets, and for licensing and integration.
To learn more, visit www.sobrsafe.com.
NOTE TO INVESTORS: The latest news and updates relating to SOBR are available in the company’s newsroom at https://ibn.fm/SOBR
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