Tillkännagivande • May 16
Sono Group N.V. announced delayed 10-Q filing On 05/15/2026, Sono Group N.V. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Tillkännagivande • Apr 01
Sono Group N.V. announced delayed annual 10-K filing On 03/31/2026, Sono Group N.V. announced that they will be unable to file their next 10-K by the deadline required by the SEC. New Risk • Mar 22
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.14m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (€101k revenue, or US$117k). Market cap is less than US$10m (US$9.14m market cap). Minor Risk Large one-off items impacting financial results. Tillkännagivande • Mar 11
Sono Group N.V. announced that it has received $5.000004 million in funding from Yorkville Advisors Global LP Sono Group N.V entered into a Pre-Funded Warrant Securities Purchase Agreement with YA II PN, Ltd.to issue 283,367 pre funded warrants at an issue price of $7.058 for the proceed of $2,000,004.286 and issued convertible debenture for the principal amount of $3,000,000.on March 10, 2026. Warrant is exercisable for up to 283,367 Ordinary Shares at an exercise price of $0.01 per share. The Debenture matures on March 10, 2027. Debenture carry interest at an annual rate of 12%, Tillkännagivande • Nov 18
Sono Group N.V. announced delayed 10-Q filing On 11/17/2025, Sono Group N.V. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Tillkännagivande • Sep 10
Sono Group N.V. Announces Chief Executive Officer Changes, Effective September 9, 2025 Sono Group N.V. announced that George G. O’Leary has voluntarily provided his notice of resignation as Chief Executive Officer, effective September 9, 2025, and will support an orderly transition through December 31, 2025. Mr. O’Leary’s resignation notice is not due to any disagreement with the Company on any matter related to operations, policies, or practices. The Company’s Supervisory Board has nominated Kevin McGurn to serve as Chief Executive Officer, effective September 9, 2025. Under Mr. O’Leary’s leadership, Sono executed a pivotal transformation, steering the Company from its automotive roots to a focused solar technology company advancing innovative solar mobility integration, while delivering a financial turnaround, achieving admittance to quotation on OTCQB, and transitioning to domestic filer status including the filing of the Company’s annual report for the fiscal year 2024 on Form 10-K and its uplisting to the Nasdaq Capital Market. These milestones strengthened Sono’s market position for the next phase of significant growth. Mr. McGurn is a veteran revenue and transformation executive with more than two decades leading growth across technology and media platforms, including senior leadership roles at T-Mobile (VP, Head of Sales, Marketing & Distribution), Vevo (President, Sales & Distribution /Chief Sales Officer), and Hulu (SVP, Advertising Sales). His background spans building new businesses, scaling distribution, and structuring data-driven partnerships across a range of industries. As Sono enters its next phase, the Company’s priorities remain: deliver for customers, operate with rigor, and create long-term shareholder value. Tillkännagivande • Sep 06
Sono Group N.V. announced that it has received $7.2 million in funding from Yorkville Advisors Global LP On September 5, 2025, Sono Group N.V. closed the transaction. The company issued additional convertible debentures in the principal amount of $2,200,000. The company issued convertible debentures in the principal amount of $3,409,460 for gross proceeds of $3,409,460 in its seventh tranche. The seventh debenture will mature on September 5, 2026. The company issued convertible debentures for aggregate proceeds of $7,200,000 in the transaction. The conversion price is of $18.75 per share. Tillkännagivande • Aug 15
Sono Group N.V. announced delayed 10-Q filing On 08/14/2025, Sono Group N.V. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Tillkännagivande • Jul 14
Sono Group N.V., Annual General Meeting, Aug 13, 2025 Sono Group N.V., Annual General Meeting, Aug 13, 2025. Location: offices of dla piper nederland n.v., prinses amaliaplein 3, 1077 xs amsterdam., Netherlands Tillkännagivande • May 17
Sono Group N.V. announced delayed 10-Q filing On 05/16/2025, Sono Group N.V. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Tillkännagivande • Apr 01
Sono Group N.V. announced delayed annual 10-K filing On 03/31/2025, Sono Group N.V. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Tillkännagivande • Jan 01
Sono Group N.V. Announces CFO Changes Sono Group N.V.'s management board and supervisory board have approved the appointment of Mr. Scott Calhoun, the Company’s current active Controller, to serve as the Company’s Chief Financial Officer. George O’Leary will continue to serve as the Company’s Managing Director and Chief Executive Officer. Tillkännagivande • Nov 13
Sono Group N.V. Appoints Owen May to the Supervisory Board Sono Group N.V. announced that at its EGM held on November 7, 2024, shareholders approved the appointment of Owen May to the Supervisory Board – With over three decades of experience in financial advisory, mergers & acquisitions, and strategic business development, Mr. May, CEO and Founder of MD Global Partners, LLC, brings a wealth of expertise to Sono’s Supervisory Board. Renowned for his capital market insights and extensive network across institutional investors and corporate clients, Mr. May has a track record of driving growth through innovative financial strategies and high-value transactions. Mr. May’s experience spans complex financial disciplines, including reverse mergers, IPOs, and cross-border transactions across the U.S., Europe, and Israel. Additionally, his service on various boards and his academic credentials—including an MBA from Duke University—underscore his commitment to integrity and excellence in corporate governance. His expertise is expected to play a pivotal role as Sono pursues its Nasdaq uplisting. Tillkännagivande • Oct 29
Sono Group N.V. Enters Trailer Market with Solar-Powered Refrigeration System Sono Group N.V. announce the commercial launch of its groundbreaking solar technology for trailers equipped with refrigeration units. Building on enthusiastic industry feedback at IAA Transportation 2024, this innovative technology underscores Sono’s commitment to transforming sustainable logistics and reducing emissions across the transport sector.Sono’s advanced solar solution leverages semi-flexible photovoltaic (PV) modules and a proprietary intelligent high-voltage solar charge controller that optimizes each PV panel in real-time. This unique energy management approach provides refrigerated trailers with independent power for up to 3-4 hours daily, significantly lowering energy consumption. Engineered to meet rigorous industry standards as well as Sono’s internal benchmarks, the system offers reliability designed for the demands of potential customers worldwide. Sono’s solar technology is projected to deliver solid returns on investment, with an expected payback period of approximately 3 years based on geographic location and hours in operation. The system enables operators to run trailers independently of external power, reducing dependence on charging infrastructure, minimizing downtime, and providing a direct hedge against volatile energy costs. With their own onboard solar energy source, Sono’s customers can achieve higher efficiency and position their fleets as industry leaders in sustainable, eco-friendly logistics. The solution has already sparked significant interest from temperature-controlled unit (TRU) suppliers, fleet operators and trailer manufacturers, underscoring its potential to transform sustainable logistics. As part of a broader commitment to reduce CO2 emissions, Sono is participating in the evTrailer project, a research initiative aimed at measuring the positive impact of solar-powered trailers on energy use and emissions. The insights from this project could make solar-equipped trailers an industry-standard solution in the VECTO tool, a European Union system enabling logistics operators to track and report emissions. Sono aims to standardize solar technology in fleet emissions reduction, supporting fleet operators in achieving regulatory and sustainability goals while leading the next wave of innovation in transportation. Tillkännagivande • Oct 10
Sono Group N.V Appoints Dominic Mayer as New Head of Sales and Marketing Sono Group N.V. announced the appointment of Dominic Mayer as Sono Motors new Head of Sales &Marketing. Mr. Mayer, who joined the company in September 2024, is already a highly valued member of the team and is making significant contributions to the Company's goals, including at major industry events, like IAA Transportation 2024 and InnoTrans 2024. In his new role, Mr. Mayer will oversee all aspects of Sono Motors sales strategy and market development as the company continues to expand its product portfolio and strengthen its market position. His extensive background in sales and marketing includes leadership roles in global companies such as DaimlerChrysler and Kongsberg Automotive where he successfully drove business growth, fostered customer engagement, and built lasting partnerships across the transport and logistics industries. Following the recent launch of solar kits for trucks, vans, and trailers, the Company believes Dominic Mayers leadership will be key in guiding Sono Motors through its next phase of growth. His expertise, combined with his proactive efforts at major industry events, is expected to position the Company for continued success. This leadership appointment underscores Sono Motors commitment to innovation, sustainability, and growth as it continues to pave the way in solar mobility for commercial transport to meet the increasing demand for sustainable transport solutions. Tillkännagivande • Jul 04
Sono Group N.V., Annual General Meeting, Jul 31, 2024 Sono Group N.V., Annual General Meeting, Jul 31, 2024. Location: offices of dla piper nederland n.v., prinses amaliaplein 3, 1077 xs amsterdam, Netherlands Tillkännagivande • May 01
Sono Group N.V. announced delayed 20-F filing On 04/30/2024, Sono Group N.V. announced that they will be unable to file their next 20-F by the deadline required by the SEC. Tillkännagivande • Apr 26
Sono Group N.V. Announces Board Appointments Sono Group N.V. appointed George O'Leary as sole Managing Director. George O'Leary has taken the helm as the new Managing Director officially beginning his tenure on January 31, 2024. Having transitioned to a full-time role with the Company on April 8, 2024, Mr. O'Leary is fully committed to leading the Company's turnaround. With a rich background that includes pivotal leadership roles such as former Chief Financial Officer at HealthLynked Corporation and founder of SKS Consulting of South Florida Corp., he brings a wealth of experience in driving operational excellence and strategic growth for both public and private companies. The Company believes that Mr. O’Leary’s diverse expertise uniquely positions him to steer Sono Group N.V. towards a robust future. Company appointed two Supervisory Board members, David Dodge and Christopher Schreiber. The Company is also proud to welcome two distinguished new members to its Supervisory Board. David Dodge, an independent financial consultant with extensive corporate finance, accounting, and SEC compliance expertise, brings his global experience in corporate finance and forensic due diligence to the Supervisory Board. A Yale University and University of Hartford alumnus, his prior roles, including former Chief Financial Officer of NeoMedia Technologies Inc. and his former work as an auditor with Ernst & Young LLP, equip him with invaluable insights into the industry’s financial and regulatory landscapes. Christopher Schreiber brings over 35 years of financial services experience to the Company’s Supervisory Board, including a distinguished track record as a financial advisor and board member and significant experience, especially in navigating companies through financial challenges. His role in leading a significant retail sales force and his expertise from positions with Akers Bio and MyMD Pharmaceuticals Inc. exemplify the depth of his financial acumen. Tillkännagivande • Feb 16
The Nasdaq Stock Market to Delist the Common Shares of Sono Group The Nasdaq Stock Market announced on February 13, 2024, that it will delist the common shares of Sono Group N.V. Sono Group N.V.’s securities were suspended on July 21, 2023, and have not traded on Nasdaq since that time. Tillkännagivande • Dec 15
Sono Group N.V., Annual General Meeting, Dec 29, 2023 Sono Group N.V., Annual General Meeting, Dec 29, 2023, at 15:00 Central European Standard Time. Location: at the offices of Dentons Europe LLP, fifth floor, Gustav Mahlerplein 2, Amstredam Netherlands Agenda: To consider Discussion on the (financial) performance of the Company in the year 2022; to consider discussion of the Company's dividend and reservation policy; to consider appointment of PricewaterhouseCoopers Accountants N.V. as the external auditor of the Company's annual accounts 2023; to consider appointment of Sandra Vogt-Sasse as a member of the Supervisory Board; to consider appointment of Thomas Wiedermann as a member of the Supervisory Board. Tillkännagivande • Sep 13
Sono Group N.V. Presents Three New Members of Supervisory Board Sono Group N.V. presented three new members of its Supervisory Board. The new Supervisory Board members have been appointed on an interim basis until their formal election at the Company's next annual general meeting. The four-member Supervisory Board consists of financial experts and an employee representative and is chaired by Sandra Vogt-Sasse, who is supported by Thomas Wiedermann as Vice-Chair. Martin Sabbione also joins the Supervisory Board as an additional new member. Johannes Trischler, an employee representative, has been a member of the Company's Supervisory Board since November 2021. The members of the Supervisory Board of Sono Group N.V. are: Sandra Vogt-Sasse: self-employed tax consultant and auditor; Managing Director of SAVOSA GmbH Steuerberatungsgesellschaft; board member of a company closely linked to the capital market through its products and services. Martin Sabbione: Senior Head of Controlling of Volkswagen Group Charging GmbH; formerly CFO of Sono Motors GmbH and Head of Investment at WiWin GmbH & Co, KG. Thomas Wiedermann: CRO and CEO Production, Engineering, R&D, Processes at Rudolf Dankwardt GmbH; independent interim manager; board member/managing director of multiple international, medium-sized companies. Johannes Trischler: General Counsel of Sono Motors GmbH, employee representative. New Risk • Jun 21
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €64m Forecast net loss in 2 years: €24m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€166m free cash flow). Share price has been highly volatile over the past 3 months (27% average weekly change). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€24m net loss in 2 years). Market cap is less than US$100m (US$25.4m market cap). Breakeven Date Change • May 28
Forecast to breakeven in 2025 The 2 analysts covering Sono Group expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €30.7m in 2025. Average annual earnings growth of 51% is required to achieve expected profit on schedule. Tillkännagivande • May 09
Sono Group Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1) Sono Group N.V. (“Sono Motors” or the “Company”) announced that it received a notice (the “Notice”) on May 3, 2023 from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company has not yet filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2022 (the “2022 20-F”), the Company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”). The Rule requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the “SEC”). As the Company previously disclosed in its Notification of Late Filing on Form 12b-25, filed with the SEC on May 2, 2023, the delay in filing the 2022 20-F is to allow additional time for the Company to prepare and review its financial statements for the year ended December 31, 2022 and have such financial statements audited. The Notification has no immediate effect on the listing of the Company’s ordinary shares (the “Shares”), and the Shares will continue to trade on the Nasdaq Global Market under the symbol “SEV.” However, if the Company fails to regain compliance with the Rule within the specified time period, the Shares will be subject to delisting from Nasdaq. Under Nasdaq rules, the Company has 60 calendar days from receipt of the Notice, or until July 3, 2023, to submit to Nasdaq a plan to regain compliance with the Rule. If Nasdaq accepts the Company’s plan, Nasdaq may grant the Company up to 180 calendar days from the prescribed 2022 20-F due date to regain compliance. If Nasdaq does not accept the Company’s plan, then the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel. The Company is working diligently to complete the 2022 20-F and plans to file its 2022 20-F as promptly as possible to regain compliance with the Listing Rule. Major Estimate Revision • Feb 28
Consensus revenue estimates fall by 52% The consensus outlook for revenues in fiscal year 2022 has deteriorated. 2022 revenue forecast decreased from €1.69m to €810.0k. Forecast losses increased from -€1.26 to -€1.45 per share. Auto industry in the US expected to see average net income decline 6.8% next year. Consensus price target down from US$4.11 to US$3.51. Share price fell 27% to US$0.59 over the past week. Tillkännagivande • Feb 08
Sono Motors Demonstrates Solar Integration in Initial Sion Crash Test Sono Group N.V. successfully performed its first complete vehicle crash test. The result of the 50 km/h frontal crash test met the Company’s expectations regarding the Sion’s crash safety and the robustness of Sono Motors’ proprietary polymer-based vehicle-integrated solar technology, which covers the vehicle's entire body. The test was rolled out at its partner facility at CSI in Italy, a certified testing institution, with a Sion that was, including solar panels, painted green to ensure the vehicle is high contrast and therefore can enable more accurate evaluation. In the initial, physical complete vehicle test simulating a heavy frontal crash, the integrated Sono Solar Technology did not splinter and thus did not cause danger to passengers and other road users. Until homologation, Sono Motors will conduct around 300 physical component, sled and complete vehicle tests in total to confirm the results of years of crash simulations. Based on the physical and simulated tests carried out to date, the Company expects the Sion to comply with all legal requirements for pedestrian and passenger safety. In addition to the legally required test program, the Company is undertaking additional EURO NCAP (European New Car Assessment Programme) crash tests, e.g. to increase the Sion’s crash safety for women and children. The Sion is a highly practical and family-friendly SEV, which will fulfill high safety standards in other areas as well. The Company will equip every Sion with future-proof ADAS (advanced driver assistance systems) technologies at no additional cost. The ADAS features are proven solutions from technology company Continental and will be included as a standard in the Sion’s expected sales price of approximately €25,000 net. The functionalities include: Forward collision warning, Automatic emergency braking, Lane departure warning, Lane keep assist, Attention assist, Traffic sign assist, Rear parking assist, Rear view camera. Sono Motors plans to add adaptive cruise control via an over-the-air update after the start of production. Durability tests, crash tests and solar tests have already started on 18 complete vehicles and further tests, such as winter tests in Sweden and ADAS validation, are planned within the first quarter of 2023. Breakeven Date Change • Dec 31
Forecast to breakeven in 2025 The 5 analysts covering Sono Group expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €4.06m in 2025. Average annual earnings growth of 23% is required to achieve expected profit on schedule. Major Estimate Revision • Dec 16
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from €2.68m to €1.69m. EPS estimate increased from -€1.30 to -€1.26 per share. Auto industry in the US expected to see average net income decline 5.7% next year. Consensus price target down from US$6.77 to US$4.12. Share price rose 2.5% to US$0.94 over the past week. Major Estimate Revision • Oct 14
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from €2.60m to €2.30m. EPS estimate increased from -€1.37 to -€1.30 per share. Auto industry in the US expected to see average net income growth of 11% next year. Consensus price target broadly unchanged at US$6.23. Share price fell 29% to US$1.73 over the past week. Major Estimate Revision • Sep 16
Consensus revenue estimates fall by 33% The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from €3.89m to €2.60m. Forecast losses increased from -€1.00 to -€1.37 per share. Auto industry in the US expected to see average net income growth of 11% next year. Consensus price target down from US$8.46 to US$6.29. Share price fell 3.2% to US$2.86 over the past week. Breakeven Date Change • Apr 27
No longer forecast to breakeven The 2 analysts covering Sono Group no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €1.70m in 2024. New consensus forecast suggests the company will make a loss of €12.8m in 2024. Breakeven Date Change • Apr 22
No longer forecast to breakeven The 2 analysts covering Sono Group no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €1.70m in 2024. New consensus forecast suggests the company will make a loss of €12.8m in 2024. Breakeven Date Change • Apr 20
No longer forecast to breakeven The 2 analysts covering Sono Group no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €8.20m in 2024. New consensus forecast suggests the company will make a loss of €11.0m in 2024. Breakeven Date Change • Jan 02
Forecast to breakeven in 2024 The 2 analysts covering Sono Group expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €8.20m in 2024. Average annual earnings growth of 49% is required to achieve expected profit on schedule.