Sono Group pro forma shows net equity of $4.8M after converting $39.7M debt to preferred shares

Sono Group N.V.

Yorkville committed $5M debenture; $3.25M advanced, $1.75M pending Nasdaq uplisting approval.
Yorkville to add $2.2M (€1.85M) secured convertible debenture upon Nasdaq approval.
All existing convertible debt (~€39.7M) to be exchanged for 1,315 preferred shares.
Pro forma net income for H1 2025 of €8.0M driven by fair-value gain on convertible debt.
Revenue remains negligible at €51k; company still pre-revenue with €3.8M cash after adjustments.

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