secwatch.observer — SEC 8-K summary
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Issuer:     SOBR Safe, Inc. (SOBR)
CIK:        0001425627
Form:       8-K
Filed at:   2026-08-27T21:00:27+00:00
Accession:  0001477932-26-005300
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SOBR Safe faces Nasdaq delisting for equity deficiency; director resigns
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1425627/000147793226005300/0001477932-26-005300-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1425627/000147793226005300/sobr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-26-005300

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