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Sono Group N.V. — Director's Dealing 2025
Jan 2, 2025
35556_dirs_2025-01-02_975f29cd-5864-45a4-ba60-e265c4051ad4.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Sono Group N.V. (SEVCF)
CIK: 0001840416
Period of Report: 2025-01-01
Reporting Person: O'Leary George (CEO, Managing Director, 10% Owner)
Reporting Person: SVSE LLC (10% Owner)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary Shares | 230751 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| High Voting Shares | $0 | Ordinary Shares (40000) | Indirect |
Footnotes
F1: The amount of securities reported herein reflects the 1-for-75 reverse stock split effected by Sono Group N.V. (the "Issuer") on December 23, 2024.
F2: George O'Leary, as the sole member of SVSE LLC, has voting and dispositive power with respect to the ordinary shares and high voting shares held by SVSE LLC, the record holder of such securities. As a result, George O'Leary is deemed to have beneficial ownership of the securities held by SVSE LLC. George O'Leary's membership interest in SVSE LLC will vest upon the later of (i) March 25, 2029 and (ii) the date on which the collateral pledge of the ordinary shares and high voting shares held by SVSE LLC, issued pursuant to the Security Agreement, dated February 5, 2024, by and between SVSE LLC and YA II PN, Ltd., and the other transaction documents related thereto, has been validly terminated in accordance with its terms.
F3: Each high voting share is convertible into one ordinary share and entitles the holder thereof to twenty-five (25) votes per share. The high voting shares are convertible at any time and have no expiration date.