SOBR Safe, Inc. Files 8-K with Corporate Details
Ticker: SOBR · Form: 8-K · Filed: Oct 31, 2024 · CIK: 1425627
| Field | Detail |
|---|---|
| Company | Sobr Safe, Inc. (SOBR) |
| Form Type | 8-K |
| Filed Date | Oct 31, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-structure, filing-update, historical-data
TL;DR
SOBR Safe, Inc. filed an 8-K detailing its corporate history and structure.
AI Summary
SOBR Safe, Inc. filed an 8-K on October 30, 2024, reporting on other events and financial statements. The filing details the company's corporate structure and historical name changes, including its former names TransBiotec, Inc. and IMAGINE MEDIA LTD. The report also confirms the company's incorporation in Delaware and its fiscal year end of December 31.
Why It Matters
This filing provides essential background information on SOBR Safe, Inc.'s corporate identity and history, which is important for investors to understand the company's evolution.
Risk Assessment
Risk Level: low — This filing is primarily informational, detailing corporate structure and historical data, and does not appear to contain significant new financial or operational risks.
Key Numbers
- 1231 — Fiscal Year End (Indicates the end of the company's annual accounting period.)
Key Players & Entities
- SOBR Safe, Inc. (company) — Registrant
- TransBiotec, Inc. (company) — Former Company Name
- IMAGINE MEDIA LTD (company) — Former Company Name
- October 30, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
FAQ
What is the primary purpose of this 8-K filing?
This 8-K filing serves as a Current Report, detailing other events and financial statements, and providing information on the company's corporate structure and history.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on October 30, 2024.
In which state is SOBR Safe, Inc. incorporated?
SOBR Safe, Inc. is incorporated in Delaware.
What were some of the former names of SOBR Safe, Inc.?
SOBR Safe, Inc. was formerly known as TransBiotec, Inc. and IMAGINE MEDIA LTD.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
Filing Stats: 713 words · 3 min read · ~2 pages · Grade level 13.3 · Accepted 2024-10-31 17:29:53
Filing Documents
- sobr_8k.htm (8-K) — 27KB
- sobr_ex991.htm (EX-99.1) — 8KB
- 0001477932-24-006803.txt ( ) — 159KB
- sobr-20241030.xsd (EX-101.SCH) — 6KB
- sobr-20241030_lab.xml (EX-101.LAB) — 14KB
- sobr-20241030_cal.xml (EX-101.CAL) — 1KB
- sobr-20241030_pre.xml (EX-101.PRE) — 9KB
- sobr-20241030_def.xml (EX-101.DEF) — 2KB
- sobr_8k_htm.xml (XML) — 4KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. A copy of the press release announcing compliance with the Nasdaq Listing Requirements (as defined below) is being furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
01 Other Events
Item 8.01 Other Events On October 30, 2024, SOBR Safe, Inc. (the " Company ") received a letter from The Nasdaq Stock Market LLC (" Nasdaq ") confirming that the Company has regained compliance with the minimum bid price requirement in Listing Rule 5550(a)(2) (the " Bid Price Rule "), the public float requirement in Listing Rule 5550(a)(4) (the " Minimum Float Rule "), and the stockholders' equity requirement in Listing 5550(b)(1) (the " Equity Rule " and, collectively, with the Bid Price Rule and Minimum Float Rule, the " Nasdaq Listing Requirements "), as required by the Nasdaq Hearing Panel's (" Panel ") decision dated August 5, 2024. Pursuant to Listing Rule 5815(d)(4)(B), the Company will be subject to a mandatory panel monitor for a period of one year from the date of such letter. If, within that one-year monitoring period, the Nasdaq Listing Qualifications staff (the " Staff ") finds that the Company is no longer in compliance with the Equity Rule, then, notwithstanding Rule 5810(c)(2), the Company will not be permitted to provide the Staff with a plan of compliance with respect to such deficiency and the Staff will not be permitted to grant additional time for the Company to regain compliance with respect to such deficiency, nor will the Company be afforded an applicable cure or compliance period pursuant to Ruel 5810(c)(3). Instead, the Staff will issue a Delist Determination Letter and the Company will have an opportunity to request a new hearing with the initial Panel or a newly convened Hearings Panel if the initial Panel is unavailable. The Company will have the opportunity to respond/present to the Hearings Panel as provided by Listing Rule 5815(d)(4)(C) and the Company's securities may at that time be delisted from Nasdaq.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (c) Exhibits 99.1 Press Release dated October 31, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SOBR Safe, Inc. a Delaware corporation Dated: October 31, 2024 By: /s/ David Gandini David Gandini, Chief Executive Officer 3