Sono Group N.V. SC 13D/A Filing

Ticker: SSM · Form: SC 13D/A · Filed: Jun 13, 2024 · CIK: 1840416

Sono Group N.V. SC 13D/A Filing Summary
FieldDetail
CompanySono Group N.V. (SSM)
Form TypeSC 13D/A
Filed DateJun 13, 2024
Risk Levelmedium
Pages4
Reading Time5 min
Sentimentneutral

Sentiment: neutral

Topics: sec-filing, ownership-change

TL;DR

Hahn updated his 13D filing for Sono Group N.V. on June 5th.

AI Summary

On June 5, 2024, Laurin Hahn filed an amendment (Amendment No. 2) to Schedule 13D for Sono Group N.V. The filing relates to ordinary shares of the company. The filing was made from Munich, Germany.

Why It Matters

This filing indicates a change in the beneficial ownership of Sono Group N.V. shares, which could signal shifts in control or investment strategy.

Risk Assessment

Risk Level: medium — Schedule 13D filings often relate to significant ownership changes, which can introduce volatility and uncertainty for investors.

Key Players & Entities

  • Sono Group N.V. (company) — Subject company
  • Laurin Hahn (person) — Filing person
  • June 5, 2024 (date) — Date of event requiring filing

FAQ

What type of filing is this?

This is a Schedule 13D/A filing, which is an amendment to a previous Schedule 13D filing.

Who is the subject company?

The subject company is Sono Group N.V.

Who is the person filing this amendment?

The filing person is Laurin Hahn.

What is the date of the event that requires this filing?

The date of the event which requires filing of this statement is June 5, 2024.

What class of securities is being reported?

The class of securities being reported is Ordinary shares, par value of €0.06 per share.

Filing Stats: 1,243 words · 5 min read · ~4 pages · Grade level 10.2 · Accepted 2024-06-13 16:30:20

Filing Documents

Purpose of Transaction

Item 4. Purpose of Transaction

of the Schedule 13D is hereby amended to add the following

Item 4 of the Schedule 13D is hereby amended to add the following: The transfer of the 7,187,500 Ordinary Shares sold to Bambino 255. V V UG ("Transferee 1") by the Reporting Person pursuant to the Sale and Transfer Agreement between the Reporting Person, Transferee 1, Transferee 2 and the Issuer was reflected in the Issuer's share register on June 5, 2024. In addition, the transfer of the 6,118,749 Ordinary Shares sold by Jona Christians to Transferee 1 pursuant to the Sale and Transfer Agreement between Mr. Christians, Transferee 1, Transferee 2 and the Issuer was reflected in the Issuer's share register on June 5, 2024.

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer

of the Schedule 13D is hereby amended and restated in its entirety as follows

Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows: (a,b) The responses of the Reporting Person with respect to Rows 11, 12, and 13 of the cover pages of this Schedule 13D that relate to the aggregate number and percentage of shares (including but not limited to footnotes to such information) are incorporated herein by reference. The responses of the Reporting Person with respect to Rows 7, 8, 9, and 10 of the cover pages of this Schedule 13D that relate to the number of shares as to which such Reporting Person has sole or shared power to vote or to direct the vote of and sole or shared power to dispose of or to direct the disposition of (including but not limited to footnotes to such information) are incorporated herein by reference. As a result of entering into the Shareholder Commitment Letter, the Reporting Person may be deemed to be a member of a "group" pursuant to Section 13(d) of the Exchange Act with Jona Christians, who also entered into the Shareholder Commitment Letter and who is separately reporting beneficial ownership of shares of the Issuer on Schedule 13D. Jona Christians owns 3,500,000 Ordinary Shares of the Issuer, representing 3.2% of the Ordinary Shares of the Issuer. The Reporting Person and Jona Christians in the aggregate own 7,000,000 Ordinary Shares. This aggregate amount represents 6.4% of the outstanding Ordinary Shares of the Issuer (see footnote (2) to the table above for an explanation of the calculation). The information set forth in Items 2, 3 and 4 above is hereby incorporated by reference. See Item 4 of this Schedule 13D for a description of the sale and transfer agreements, pursuant to which the Reporting Person and Jona Christians have each agreed to sell and transfer certain of their respective Ordinary Shares to Transferee 1 and Transferee 2 for the benefit of, respectively, the creditors of the Subsidiary and members of the management board of the Issuer. CUSIP No. N81409109 Schedule

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