Sobr Safe faces Nasdaq delisting over listing rule noncompliance - SOBR News | RalliesSobr Safe faces Nasdaq delisting over listing rule noncompliance
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SOBR• Nasdaq delisting notice
- Sobr Safe faces Nasdaq delisting at the open on Sept. 16, 2026, following continued listing rule failures.
- Nasdaq cited a sub-$1 bid price breach under Rule 5550(a)(2), with the stock below the threshold for 30 straight sessions.
- Eligibility for a standard 180-day cure period was blocked by cumulative reverse stock splits totaling 1-for-1100 within two years.
- A separate deficiency flagged stockholders’ equity below the $2.5 million minimum under Rule 5550(b)(1).
- Shares are expected to move to OTC Markets under ticker SOBR, with an OTCQB quotation application pending.
