SOBR Safe receives Nasdaq delisting determination for bid price and equity non-compliance

SOBR Safe, Inc.

Nasdaq notified SOBR Safe on May 15, 2024 that it failed to regain $1.00 minimum bid price compliance by May 13, 2024.
Company also not compliant with Nasdaq's minimum $2.5M stockholders' equity requirement based on its 2023 10-K.
SOBR intends to request a hearing before Nasdaq's Hearings Panel, which automatically stays suspension/delisting pending decision.
Panel may grant extension to regain compliance up to November 11, 2024; no assurance of success.

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