Sobr Safe receives Nasdaq deficiency notice; shares face delisting risk on 30-day bid below $1.00

Reuters03-26 04:17

<a href="https://laohu8.com/S/SOBR">Sobr Safe</a> receives Nasdaq deficiency notice; shares face delisting risk on 30-day bid below $1.00

Nasdaq notified SOBR Safe that its common stock failed to meet the $1.00 per share minimum bid price requirement after 30 consecutive business days below that threshold.
The company is not eligible for the standard 180-day compliance period because it completed reverse stock splits totaling a cumulative 1-for-1,100 over the last two years.
Unless SOBR Safe appeals, Nasdaq plans to delist the securities and suspend trading.
The company said it intends to appeal and submit a plan to regain compliance, which could include another reverse stock split.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sobr Safe Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-001579), on March 25, 2026, and is solely responsible for the information contained therein.

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