Sono Group extends maturity of $35.4M convertible debentures to Aug 1, 2025

Sono Group N.V.

Extends maturity of four convertible debentures (original principal ~$35.4M) from July 1 to August 1, 2025.
Also extends termination dates of the $5M Securities Purchase Agreement and Exchange Agreement with Yorkville to August 1.
Extension gives Company more time to satisfy Nasdaq listing conditions for its ordinary shares.
Debentures include SEV-1 ($11.1M), SEV-2 ($10M), SEV-3 ($10M), SEV-4 ($4.3M).
Yorkville agreed to the extension as requested by Company.

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