SEV News and Press, Sevcon Inc. From 05/04/22

Global electric car sales March 2022 - Up 60% YoY reaching 15% share. China sales up 118% YoY to 26% share. Europe sales were up 10% YoY to 22% share. EV market news - Biden invokes Defense Production Act to boost EV battery production. Electric car sales soar despite ballooning batte...

MUNICH, Germany, May 03, 2022 (GLOBE NEWSWIRE) -- Sono Group N.V. (Nasdaq: SEV; “Sono Motors” or the “Company”) announced today the closing of its previously announced underwritten follow-on offering of ordinary shares, resulting in approximately $40 million of g...

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Gainers: Hello Group (MOMO) +19%. 17 Education & Technology Group (YQ) +17%. Pinduoduo (PDD) +16%. ATRenew (RERE) +15%. New Oriental Education & Technology Group (EDU) +13%. Losers: Sono Group (SEV) -19%. Cooper-Standard Holdings (CPS) -18%. Amazon (AMZN) -14%. Studio City Internation...

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Shares of Sono Group (NASDAQ: SEV) are short-circuiting at 11:12 a.m. ET on Friday after the electric vehicle (EV) start-up priced its secondary offering. The stock is falling 19.3% after the company announced it was pricing the shares at just $4 each, some 16% below where the stock...

Accolade (ACCD) -41% on Q4 earnings release. Sono Group (SEV) -12% on pricing $10M follow-on share offering. Robinhood Markets (HOOD) -10% on Q1 earnings release. Amazon.com (AMZN) -10% on Q1 earnings release. The Western Union (WU) -9% o...

Sono Group N.V. (NASDAQ:SEV) shares skidded on Friday as the company announced the pricing of its latest stock offering.  Per an SEC filing on the deal, the company has priced its follow-on offering of 10,000,000 ordinary shares at $4 per share. Clauses within the offering document grant...

Sono Group (NASDAQ:SEV) stock tumbled 9.2% premarket Friday on pricing its follow-on offering of 10M shares at $4.00/share. Underwriters over-allotment is an additional 1.5M ordinary shares. Offering is expected to close on May 3, 2022. Net proceeds will be used to cover s...