SOBR Safe faces Nasdaq delisting for equity deficiency; director resigns

SOBR Safe, Inc.

Nasdaq notified SOBR on Aug 21, 2026 that stockholders' equity fell below $2.5M minimum per Rule 5550(b)(1).
Company also fails bid price requirement; cumulative reverse splits 1-for-1100 make it ineligible for 180-day compliance period.
Hearings panel granted continued listing until Sept 15, 2026, contingent on closing business combination with Clean World Ventures, Inc.
Director Ford Fay resigned effective Aug 21, 2026; no disagreement with company.

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