Sono Group N.V. Announces Nasdaq Uplisting Approval and New Ticker Symbol “SSM”

Munich, Sept. 05, 2025 (GLOBE NEWSWIRE) -- The solar technology company Sono Group N.V. (NASDAQ: SSM) (hereafter referred to as “Sono” or the “Company”, parent company to Sono Motors GmbH, hereafter referred to as “SonoSolar” or “Subsidiary”) today announced that it has received approval to uplist its ordinary shares from the OTCQB Venture Market to the Nasdaq Capital Market. The Company’s shares are expected to commence trading on Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbol “SSM” today Friday, September 5, 2025.

The uplisting to Nasdaq represents a significant milestone in Sono’s growth trajectory, underscoring its strengthened financial position by converting its debt to preferred equity, and unwavering commitment to increasing shareholder value. This transition is expected to enhance liquidity, attract a broader and more diverse investor base, and elevate the Company’s visibility within global capital markets.

“Listing on Nasdaq marks a transformative moment for Sono and our shareholders,” said George O’Leary, Managing Director and CEO of Sono Group. “We believe this move will accelerate our momentum by opening doors to institutional investors and providing new excitement for our existing shareholder base. It has taken a while, I appreciate the relentless dedication and hard work from our entire team, the continued support from our shareholders, and from Donohoe and Associates in helping us with our uplisting to Nasdaq. This is only the beginning to the next chapter and for new opportunities for “SSM”.

Sono met all Nasdaq Capital Market listing requirements, including financial, corporate governance, and regulatory criteria. The uplisting aligns with the Company’s long-term strategic vision of expanding its global footprint and advancing the company into the future of technology advancements.

Sono remains committed to delivering sustained value to its shareholders through innovation, operational excellence, and disciplined growth. Investors and stakeholders can look forward to further updates as the Company embarks on this exciting new chapter.

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