Raise of $31.1 Million via Convertible Debentures

December 09, 2022

Convertible Debentures Position Sono Group N.V. to Raise Some of the External Funding Needed Until Start of Production of the Sion, Sono Motors’ Solar Electric Vehicle (SEV). The Convertible Debentures are convertible into ordinary shares of the Company. The sale of the Convertible Debentures and their conversion are subject to certain conditions and limitations set forth in the Securities Purchase Agreement and the Convertible Debentures. A registration statement on Form F-3 relating to the resale by Yorkville of the ordinary shares underlying the Convertible Debentures has been filed with the SEC but has not yet become effective. Sono Motors © 2022 Sono Motors © 2022 Sono Motors © 2022

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