secwatch.observer — SEC 8-K summary
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Issuer:     SOBR Safe, Inc. (SOBR)
CIK:        0001425627
Form:       8-K
Filed at:   2026-03-25T23:59:59+00:00
Accession:  0001477932-26-001579
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

SOBR Safe receives Nasdaq delisting notice due to bid price below $1; not eligible for compliance period
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1425627/000147793226001579/0001477932-26-001579-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1425627/000147793226001579/sobr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-26-001579

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