regulatory
confidence high
sentiment negative
materiality 0.85
SOBR Safe, Inc. (SOBR): Nasdaq/NYSE listing notice — SOBR Safe receives Nasdaq delisting notice due to bid price below $1; not eligible for compliance period
SOBR Safe, Inc.
- Received deficiency letter on March 19, 2026; bid price below $1 for 30 consecutive business days.
- Not eligible for 180-day compliance period due to cumulative reverse stock split ratio of 1-for-1100 over two years.
- Plans to appeal to Nasdaq hearings panel and submit plan to regain compliance; trading continues pending appeal.
- No immediate effect on listing or business operations, but delisting risk remains if appeal fails.
- Stock continues trading under SOBR on Nasdaq Capital Market.