SOBR Safe (SOBR) Announces 1:110 Reverse Share Split
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SOBRsafe Announces Reverse Stock Split
September 30, 2024 11:06 AM EDTDENVER, CO / ACCESSWIRE / September 30, 2024 / SOBR Safe, Inc. (NASDAQ: SOBR) ("SOBRsafe"), provider of next-generation transdermal alcohol detection solutions, today announced that it will proceed with a 1-for-110 reverse stock split ("Reverse Stock Split") of its outstanding shares of common stock (the "Common Stock") following approval by its board of directors. This ratio is within the range approved by stockholders at the annual meeting of SOBRsafe's shareholders held on June 3, 2024.
The Reverse Stock Split is expected to become effective at 12:01 a.m.,... More
