SCHEDULE: Intracoastal Capital Reports Stake in SOBR Safe
Beneficial Ownership Filing
Intracoastal Capital LLC, along with individuals Mitchell P. Kopin and Daniel B. Asher, has reported beneficial ownership of 5.6% of SOBR Safe, Inc. common stock as of July 21, 2026.
Summary
- Mitchell P. Kopin, Daniel B. Asher, and Intracoastal Capital LLC (collectively, the Reporting Persons) have filed a Schedule 13G.
- The filing indicates that as of July 21, 2026, the Reporting Persons beneficially own 254,445 shares of SOBR Safe, Inc. common stock.
- This ownership represents approximately 5.6% of the class of securities.
- The shares are held by Intracoastal Capital LLC.
- The filing specifies that this ownership is subsequent to an inducement letter agreement executed on July 15, 2026.
- Certain shares issuable upon exercise of warrants are excluded due to 'blocker' provisions that limit beneficial ownership to 9.99% or 4.99% of the common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, primarily reporting ownership stakes and warrant details without significant operational or financial performance updates.
Positives
- Reporting Persons have disclosed their beneficial ownership, providing transparency.
- The ownership stake of 5.6% indicates a significant interest in SOBR Safe, Inc.
Negatives
- The 'blocker' provisions significantly limit the potential fully diluted ownership, preventing the Reporting Persons from exercising warrants that would exceed ownership thresholds (9.99% and 4.99%).
- Without blocker provisions, the Reporting Persons could have beneficially owned 1,934,942 shares, representing a much larger potential stake.
Risks
- The 'blocker' provisions in the warrants limit the ability of Intracoastal Capital LLC to increase its ownership stake beyond certain thresholds, potentially hindering future investment flexibility.
- The reliance on warrants for a significant portion of potential ownership suggests a speculative investment strategy.
Future Outlook
The filing does not contain forward-looking statements or guidance. It primarily reports current beneficial ownership as of a specific date.
Industry Context
StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and significant shareholders to disclose their holdings. The presence of blocker provisions on warrants is a typical feature in financing agreements, especially for companies seeking capital, to manage ownership concentration and regulatory compliance.
Stakeholder Impact
- Shareholders: Increased transparency regarding significant ownership stakes. The blocker provisions may limit future dilution or control changes by these reporting persons.
- Creditors: The context of warrant issuance may suggest ongoing financing activities, which could impact the company's capital structure.
Key Dates
| Date | Description |
|---|---|
| 07/15/2026 | Date of execution of the inducement letter agreement with the Issuer. |
| 07/17/2026 | Date of Form 8-K filing by the Issuer disclosing the Inducement Letter. |
| 07/21/2026 | Close of business date for which beneficial ownership is reported and date of joint filing agreement. |
Keywords
SOBR Safe, Inc., Schedule 13G, Intracoastal Capital LLC, Mitchell P. Kopin, Daniel B. Asher, Beneficial Ownership, Common Stock, Warrants
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