secwatch.observer — SEC 8-K summary
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Issuer:     Sono Group N.V. (SSM)
CIK:        0001840416
Form:       8-K
Filed at:   2026-01-29T23:59:59+00:00
Accession:  0001171843-26-000517
Event type: debt
Sentiment:  negative
Materiality: 0.55
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840416/000117184326000517/0001171843-26-000517-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840416/000117184326000517/f8k_012926.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-000517

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