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

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.