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Sono Group ( (SSM) ) has shared an announcement.
On January 26, 2026, Sono Group N.V. raised $600,000 in net proceeds by issuing a one-year convertible debenture to investor YA II PN, Ltd. (Yorkville), bearing 12% annual interest—rising to 18% in the event of default—and maturing on January 26, 2027, with an extension option for Yorkville. The debenture, issued via a private placement under an exemption from U.S. registration requirements, is convertible into Sono Group’s ordinary shares at the lower of a fixed $18.75 per share or 85% of the lowest recent seven-day volume-weighted average price, subject to a floor price and nominal value constraints, potentially leading to future equity dilution but providing near-term financing flexibility for the company and its investors.
The most recent analyst rating on (SSM) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on Sono Group stock, see the SSM Stock Forecast page.
Spark’s Take on SSM Stock
According to Spark, TipRanks’ AI Analyst, SSM is a Neutral.
The score is held back primarily by weak financial performance—persistent cash burn, small revenue base, and low earnings quality despite improved reported results. Technical indicators are neutral-to-soft with a broader downtrend, while valuation appears cheap on P/E but is less meaningful given profitability/cash-flow concerns.
To see Spark’s full report on SSM stock, click here.
More about Sono Group
Sono Group N.V. operates in the automotive and clean energy technology sector, focusing on solar-integrated mobility solutions and related sustainable transportation technologies for global markets.
Average Trading Volume: 5,559
Technical Sentiment Signal: Sell
Current Market Cap: $9.83M
For an in-depth examination of SSM stock, go to TipRanks’ Overview page.