SOBR Safe, Inc. (SOBR) Form 8-K — Aug 27, 2026
SOBR Safe received an additional Nasdaq staff determination letter on August 21, 2026, finding that its stockholders' equity as reported in the Form 10-Q for the quarter ended June 30, 2026 fell below the $2,500,000 minimum required for continued listing on the Nasdaq Capital Market, adding a second delisting basis to its existing $1.00 bid-price deficiency. The company remains under a stay of delisting pending a Nasdaq Hearings Panel decision, and its continued listing through September 15, 2026 is conditioned on completing the proposed business combination with Clean World Ventures, Inc. and demonstrating compliance with Nasdaq's initial listing rules.
Key figures
- Delisting hearing date
- April 28, 2026
- Reverse split apr 2025
- 1-for-10
- Reverse split oct 2024
- 1-for-110
- Continued listing deadline
- September 15, 2026
- Minimum bid price requirement
- 1
- Cumulative reverse split ratio
- 1-for-1100
- Equity deficiency response deadline
- August 28, 2026
- Minimum stockholders equity requirement
- 2500000
Price after filing
Close on the filing date to close N calendar days later (from $0.47). Historical, not a forecast.
AI analysis
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