---
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"
generated_at: "2026-05-15T16:57:27.127059+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sono Group raises $5M via pre-funded warrant and convertible debenture; dilution risk with variable conversion

## Summary
- 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%).

## SEC filing metadata
- 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
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-001464
- JSON: https://secwatch.observer/filing/0001171843-26-001464.json
- Plain text: https://secwatch.observer/filing/0001171843-26-001464.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: YA II PN, Ltd. (Yorkville)
  - Value: $2,000,004.29
  - Effective: 2026-03-10
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1840416/000117184326001464/0001171843-26-001464-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.