regulatory
confidence high
sentiment neutral
materiality 0.60
SOBRsafe regains compliance with Nasdaq listing requirements; subject to one-year monitoring
SOBR Safe, Inc.
- Regained compliance with bid price (Rule 5550(a)(2)), public float (Rule 5550(a)(4)), and stockholders' equity (Rule 5550(b)(1)).
- Compliance confirmed by Nasdaq letter dated October 30, 2024; stock continues trading on Nasdaq Capital Market.
- Mandatory panel monitor for one year; any future equity-rule non-compliance will trigger delist process without cure period.
- If found non-compliant within monitoring period, Staff will issue Delist Determination Letter; Company may request new hearing.