Opening of the self-administration proceedings of Sono Motors GmbH – Sono Motors

The self-administration proceedings of Sono Motors GmbH were opened as planned on September 1, 2023The business operations of Sono Motors GmbH will continue unchanged under the self-administration proceedingsMUNICH, Germany, 1 September 2023 – The self-administration proceedings of Sono Motors GmbH were opened by the Munich Local Court as planned on September 1, 2023. Business operations will continue unchanged within the framework of the opened self-administration proceedings. Sono Motors GmbH is still in negotiations with several potential investors who are interested in a long-term continuation of the company. The company is being supported in the self-administration proceedings by Dentons' restructuring team led by the experienced restructuring experts Dr. Holger Ellers and Dirk Schoene. Except as required by law, the Company assumes no obligation to update any such forward-looking statements.