Sono motors announces pricing of initial public offering

Munich, germany, nov. 17, 2021 (globe newswire) -- sono group n.v. (parent company to “sono motors gmbh”, “sono motors” or the “company”) announces the pricing of its initial public offering of 10,000,000 common shares at a price to the public of $15.00 per share. in addition, the company has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 common shares at the initial public offering price. the common shares are expected to begin trading on the nasdaq global market on november 17, 2021, under the ticker symbol “sev”. the offering is expected to close on november 19, 2021, subject to customary closing conditions.
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