Sono Group issues $600K convertible debenture to Yorkville at 12% interest

Sono Group N.V.

Principal amount $600K, due Jan 26, 2027 (extendable by holder); net proceeds $600K.
Interest 12% annually (18% upon uncured Event of Default); paid in cash or shares.
Conversion price lower of $18.75 or 85% of lowest daily VWAP over prior 7 trading days.
Issued in private placement under Section 4(a)(2); shares upon conversion unregistered.
Optional redemption by Company if stock below fixed conversion price, subject to holder conversion right.

item 1.01 item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Sono Group N.V. entered into Debenture with YA II PN, Ltd. valued at $600,000 (effective 2026-01-26).

Action: entry
Agreement: notes offering
Counterparty: YA II PN, Ltd.
Value: $600,000
Effective: 2026-01-26

Exact text from the filing

On January 26, 2026, Sono Group N.V. (the “Company”) issued a convertible debenture (the “Debenture”) to YA II PN, Ltd. (“Yorkville”) in the aggregate principal amount of $600,000.

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Source: SEC EDGAR

accession 0001171843-26-000517

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