8-KAccepted Sep 18, 4:10 PM ET
SOBR Safe, Inc. Terminates Merger with Clean World Ventures
Accepted (ET)
4:10 PM
Sep 18, 2026
Filed
Sep 18, 2026
Documents
14
Size
244.4 KB
Summary
SOBR Safe, Inc. Terminates Merger with Clean World Ventures
What Happened
- SOBR Safe, Inc. announced in an 8-K filed September 18, 2026 that it and Clean World Ventures, Inc. (CWV), Merger Sub and the identified Principal entered into a Mutual Termination Agreement and Release effective September 17, 2026, terminating the Agreement and Plan of Merger and Reorganization originally dated April 24, 2026.
- The Termination Agreement provides for mutual release of claims related to the Merger Agreement and related documents, except for claims for breach of the Termination Agreement itself and the Mutual Non-Disclosure Agreement (NDA) dated April 6, 2026; the parties remain bound by the NDA.
- SOBR Safe also will withdraw its registration statement on Form S-4 that was initially filed with the SEC on June 9, 2026.
Key Details
- Termination effective date: September 17, 2026; 8-K filed September 18, 2026.
- Original Merger Agreement date: April 24, 2026 (previously disclosed April 30, 2026).
- Form S-4 withdrawal: registration statement filed June 9, 2026 will be withdrawn.
- Parties involved: SOBR Safe, Clean World Ventures, SOBR Safe Merger Sub, and the Principal (Roy DiBenerdini as named in prior disclosures); NDA from April 6, 2026 remains in effect.
Why It Matters
- The announced termination means the planned merger/acquisition will not proceed, removing the transaction that would have combined CWV into SOBR Safe and avoiding any related shareholder vote or deal-related dilution tied to that S-4 filing.
- Investors should note the company’s public transaction process has halted and that confidentiality obligations (the NDA) continue, which may limit near-term public disclosure about prior negotiations.
- This is a material corporate-event disclosure — shareholders may reassess SOBR Safe’s near-term strategy and any financial or operational impacts previously tied to the proposed merger.