Sono motors announces pricing of follow-on offering

Munich, germany, april 29, 2022 (globe newswire) -- sono group n.v. (nasdaq: sev; “sono motors” or the “company”) announced today the pricing of its follow-on offering of 10,000,000 ordinary shares at a price to the public of $4.00 per share. in addition, sono motors has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 ordinary shares at the public offering price less underwriting discounts. the offering is expected to close on may 3, 2022, subject to customary closing conditions.
SEV Ratings Summary
SEV Quant Ranking