---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-24-006351"
form_type: "8-K"
ticker: "SOBR"
cik: "0001425627"
company_name: "SOBR Safe, Inc."
filed_at: "2024-10-10T23:59:59+00:00"
generated_at: "2026-05-30T16:31:04.592811+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SOBR Safe flagged for insufficient publicly held shares after reverse split; private placement to cure

## Summary
- Nasdaq notified SOBR on Oct 4, 2024 that publicly held shares (285,611) fall below 500,000 minimum.
- 1-for-110 reverse split on Oct 2 reduced outstanding shares from 34,764,593 to 316,042.
- Closed $8.2M private placement on Oct 9, issuing 2,024,691 units; expects to regain compliance with float and equity rules.
- Company already under exception until Oct 23, 2024 for bid price and equity deficiencies; hearing panel to review float issue by Oct 11.

## SEC filing metadata
- accession: 0001477932-24-006351
- form_type: 8-K
- ticker: SOBR
- cik: 0001425627
- company_name: SOBR Safe, Inc.
- filed_at: 2024-10-10T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1425627/000147793224006351/0001477932-24-006351-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1425627/000147793224006351/sobr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-24-006351
- JSON: https://secwatch.observer/filing/0001477932-24-006351.json
- Plain text: https://secwatch.observer/filing/0001477932-24-006351.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.