Sono Group Nv (SEVCF) has released an update.
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Sono Group N.V. has secured an additional EUR 2.0 million funding from Yorkville, extending their financial runway to Q2 2025. This commitment, through convertible debentures, supports their operations, particularly focusing on the Solar Bus Kit. The company’s access to the funds is contingent upon adherence to the investment agreements made with Yorkville in November 2023.
For further insights into SEVCF stock, check out TipRanks’ Stock Analysis page.
