Material Agreement, Private Placement (Form 8-K)

Item 1.01 Entry into a Material Definitive Agreement.

The information under Item 3.02 below is incorporated by reference into this Item 1.01.

Item 3.02 Unregistered Sales of Equity Securities.

As previously disclosed, Sono Group N.V. (the "Company") and YA II PN, Ltd. ("Yorkville"), entered into (i) a securities purchase agreement, dated December 30, 2024 (as amended, the "Securities Purchase Agreement"), pursuant to which the Company agreed to sell and issue to Yorkville a new convertible debenture (the "Debenture") in the aggregate principal amount of $5,000,000 and (ii) an exchange agreement, dated December 30, 2024 (as amended, the "Exchange Agreement"), pursuant to which the Company agreed to issue shares of preferred stock of the Company to Yorkville in exchange for the surrender and cancellation of all of the debentures held by Yorkville. The obligations of the parties under the Securities Purchase Agreement and the Exchange Agreement are subject to certain conditions and limitations, including the Company's receipt of notice from Nasdaq that the Company has met all the applicable requirements for listing of the Company's ordinary shares (the "Ordinary Shares") on the Nasdaq Capital Market. The Company and Yorkville subsequently entered into five Omnibus Amendments to Transaction Documents, respectively dated February 12, 2025 (the "First Omnibus Amendment"), March 7, 2025 (the "Second Omnibus Amendment"), March 25, 2025 (the "Third Omnibus Amendment"), April 24, 2025 (the "Fourth Omnibus Amendment") and May 26, 2025, pursuant to which the Company and Yorkville agreed to modify certain terms of the Securities Purchase Agreement and the Exchange Agreement.

On July 6, 2025, the Company and Yorkville entered into a sixth Omnibus Amendment to Transaction Documents, effective as of June 30, 2025 (the "New Omnibus Amendment"), pursuant to which the parties agreed to modify the terms of the Securities Purchase Agreement, the Exchange Agreement and certain convertible debentures previously issued by the Company.

Pursuant to the New Omnibus Amendment, the parties agreed to extend the maturity date from July 1, 2025 to August 1, 2025 for the four convertible debentures previously issued by the Company, including the (1) Convertible Debenture issued on December 7, 2022 in the original principal amount of $11.1 million ("Debenture SEV-1"), (2) Convertible Debenture issued on December 8, 2022 in the original principal amount of $10.0 million ("Debenture SEV-2"), (3) Convertible Debenture issued on December 20, 2022 in the original principal amount of $10.0 million ("Debenture SEV-3"), and (4) Convertible Debenture issued on February 5, 2024 in the original principal amount of $4,317,600 ("Debenture SEV-4," and collectively with Debenture SEV-1, Debenture SEV-2, and Debenture SEV-3, the "Maturing Debentures").

Pursuant to the New Omnibus Amendment, the parties also agreed to extend the termination dates of the Securities Purchase Agreement and the Exchange Agreement to August 1, 2025.

The foregoing description of the New Omnibus Amendment does not purport to be complete and is qualified in its entirety by the terms of the New Omnibus Amendment, which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.