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SEV - Sono Group rises 3% on entering $150M committed equity financing
Sevcon Inc.
Sono Group (NASDAQ:SEV) enters into a common shares purchase agreement with Joh. Berenberg, Gossler & Co. KG for committed equity facility. It provides the company with the right, without obligation, to sell and issue up to $150M of its ordinary shares over a period of 24 months to Berenberg. Shares up 3% after hours.