{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-26-001464","form_type":"8-K","ticker":"SSM","cik":"0001840416","company_name":"Sono Group N.V.","filed_at":"2026-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.484659+00:00","generated_at":"2026-05-15T16:57:27.127059+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Sono Group raises $5M via pre-funded warrant and convertible debenture; dilution risk with variable conversion","bullets":["Raised $2M via pre-funded warrant for 283,367 shares at €0.01 exercise price; $3M via 12% convertible debenture due March 2027.","Convertible debenture conversion price is lower of $18.75 or 85% of 7-day VWAP, subject to floor price, creating variable dilution.","Proceeds from both tranches to be used for working capital; Yorkville gets registration rights with 1% monthly liquidated damages if delayed.","The pre-funded warrant and conversion shares may dilute existing holders; Yorkville's ownership capped at 4.99% (can increase to 9.99%)."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-26-001464","json":"https://secwatch.observer/filing/0001171843-26-001464.json","markdown":"https://secwatch.observer/filing/0001171843-26-001464.md","text":"https://secwatch.observer/filing/0001171843-26-001464.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840416/000117184326001464/0001171843-26-001464-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840416/000117184326001464/f8k_031026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T16:57:27.127059+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3a50ec93edd4126ab80f6021182c0b2cc4661e57","claim":"Sono Group N.V. entered into Pre-Funded Warrant Securities Purchase Agreement with YA II PN, Ltd. (Yorkville) valued at $2,000,004.29 (effective 2026-03-10).","evidence_excerpt":"On March 10, 2026, Sono Group N.V. (the “Company”) entered into a Pre-Funded Warrant Securities Purchase Agreement, dated March 10, 2026 (the “Securities Purchase Agreement”), between the Company and YA II PN, Ltd. (“Yorkville”), for a private placement (the “Private Placement”) of securities.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1840416/000117184326001464/0001171843-26-001464-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"YA II PN, Ltd. (Yorkville)"},{"label":"Value","value":"$2,000,004.29"},{"label":"Effective","value":"2026-03-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}