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Sobr Safe faces Nasdaq delisting over listing rule noncompliance

PUBT·09/15/2026 19:51:04
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Sobr Safe faces Nasdaq delisting over listing rule noncompliance
  • Sobr Safe faces Nasdaq delisting at the open on Sept. 16, 2026, following continued listing rule failures.
  • Nasdaq cited a sub-$1 bid price breach under Rule 5550(a)(2), with the stock below the threshold for 30 straight sessions.
  • Eligibility for a standard 180-day cure period was blocked by cumulative reverse stock splits totaling 1-for-1100 within two years.
  • A separate deficiency flagged stockholders’ equity below the $2.5 million minimum under Rule 5550(b)(1).
  • Shares are expected to move to OTC Markets under ticker SOBR, with an OTCQB quotation application pending.


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: 0001477932-26-005610), on September 15, 2026, and is solely responsible for the information contained therein.