---
title: "SOBR Safe Stock Surges Nearly 34% After Hours: What's Going On?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284876700.md"
description: "SOBR Safe, Inc. shares surged 33.7% to $0.73 after hours following a merger announcement with Clean World Ventures, a green energy firm. The merger, expected to close in Q3, will result in Clean World Ventures holding about 98% of the new entity. The deal includes securing $5.5 million in financing, with $2 million allocated for SOBR Safe's operations. SOBR Safe also plans to explore further monetization of its alcohol monitoring services."
datetime: "2026-05-01T07:47:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284876700.md)
  - [en](https://longbridge.com/en/news/284876700.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284876700.md)
---

# SOBR Safe Stock Surges Nearly 34% After Hours: What's Going On?

**SOBR Safe, Inc.** (NASDAQ:SOBR) shares jumped 33.7% to $0.73 in after-hours trading on Thursday, after the Denver-based alcohol monitoring company announced a definitive agreement to merge with **Clean World Ventures, Inc.**, a zero-carbon green energy technology firm.

CWV designs modular green hydrogen and clean electricity systems deployable on-site, targeting AI data centers, critical materials mining, and heavy industry.

## Pivot To Clean Energy

Under the proposed transaction, CWV is expected to hold about 98% ownership of the combined public company once the deal closes, which is targeted for the third quarter.

The deal requires approximately $5.5 million in pre-close third-party financing committed to SOBRsafe, with $2 million to be deployed by the SOBRsafe operating company at closing.

SOBR also plans to continue evaluating monetization opportunities for its alcohol monitoring and detection technology business post-close.

SOBR Safe also reported in a **Securities and Exchange Commission** filing on Thursday that revenue for the first quarter of 2026 totaled $79,003, compared with $86,617 in the same period a year earlier. The company posted a net loss of $2.29 million for the quarter.

## Trading Metrics, Technical Analysis

SOBR Safe is a technology company with a market capitalization of $1.55 million, a 52-week high of $5.29 and a 52-week low of $0.48.

The Relative Strength Index (RSI) of SOBR stands at 41.83.

The small-cap stock has dropped 85.04% over the past 12 months.

Currently, the stock is near its annual low.

SOBR Safe has experienced a sharp drop and remains weakly positioned, suggesting ongoing downside pressure and elevated risk, with clear signs of recovery likely needed before investor confidence can return.

**Price Action:** SOBR closed the regular session up 2.07% at $0.55, according to Benzinga Pro.

**Benzinga's Edge Stock Rankings** indicate that SOBR stock is experiencing a negative price trend across all time frames.

_Photo Courtesy:_ _Shutterstock_

**Disclaimer:** This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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