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SOBR Safe shares jump 34% after merger deal with green energy firm Clean World Ventures

Market News
01 May 2026
Mohd Haider
View Source
Neutral
pluang ai news

SOBR Safe, an alcohol monitoring company, saw its shares rise nearly 34% in after-hours trading following a definitive merger agreement with Clean World Ventures, a green energy technology firm. Under the deal, Clean World Ventures will hold about 98% ownership of the combined company, with the transaction expected to close in Q3 2026. SOBR Safe reported a Q1 2026 revenue of $79,003 and a net loss of $2.29 million. The merger marks SOBR Safe's pivot towards clean energy, targeting markets like AI data centers and heavy industry with modular green hydrogen systems.

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