SOBR SOBR Safe, Inc.
Price Chart
Executive Summary
SOBR Safe received a Nasdaq Hearings Panel decision on May 21, 2026, granting continued listing until September 15, 2026, conditioned on completing a business combination with Clean World Ventures, Inc. and demonstrating compliance with Nasdaq's initial listing rules. The company had previously disclosed a bid price deficiency and cumulative reverse stock splits exceeding 1-for-250, which made it ineligible for the standard 180-day cure period. Failure to close the deal by the deadline will likely result in delisting.
Actionable Insight
The stock's survival depends entirely on closing the Clean World Ventures business combination and satisfying Nasdaq's initial listing standards by September 15, 2026. Monitor for definitive agreements, financing details, and SEC filings related to the deal. Failure to execute will trigger delisting and likely severe price erosion.
Key Facts
- Nasdaq deficiency letter on March 19, 2026 for bid price below $1.00 per share.
- Cumulative reverse stock splits of 1-for-1100 over the last two years disqualified the company from the standard 180-day compliance period.
- Hearing granted continued listing until September 15, 2026, conditioned on completing a business combination with Clean World Ventures, Inc. and meeting Nasdaq initial listing rules.
- Market capitalization of approximately $3 million indicates financial distress.
Financial Impact
No financial figures provided; the delisting risk is the primary concern. Continued listing is contingent on a business combination, the terms of which are not disclosed.
Risk Factors
- Delisting if the business combination is not completed by September 15, 2026.
- Inability to meet Nasdaq initial listing requirements even after the deal.
- Potential for further dilution or reverse splits if a capital raise is needed to close the transaction.
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001477932-26-003444 |
| Document: 0001477932-26-003444-index-headers.html | 0001477932-26-003444 |
| Document: 0001477932-26-003444-index.html | 0001477932-26-003444 |
| Document: 0001477932-26-003444.txt | 0001477932-26-003444 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 9, 2026
3d ago
|
S-4
| $0.7680 awaiting T+5 | awaiting T+5 | — | $1.00 (−30.21%) |
|
May 27, 2026
17d ago
|
8-K
| $1.11 $1.16 | ▼ −4.50% | ▼ −3.30% | $1.00 (+9.91%) |
|
May 5, 2026
5w ago
|
10-K/A
| $1.39 $1.54 | ▲ +10.79% | ▲ +8.81% | $1.00 (−28.06%) |
|
Apr 17, 2026
8w ago
|
8-K
| $0.6070 $0.5470 | ▼ −9.88% | ▼ −10.80% | $1.00 (+64.74%) |
US Market Status
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