|Bid||0.0000 x 800|
|Ask||0.0000 x 800|
|Day's range||3.5500 - 3.7000|
|52-week range||2.5900 - 47.4900|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
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 follow-on offering will sell up to 10 million shares -- with an additional 1.5 million available for the underwriters at an even greater discount -- so that Sono Group can stay operational until it's able to start producing its Sion EV, a solar-powered car where the panels are integrated into the vehicle's body.
The charge was weak with electric vehicle (EV) maker Sono Group (NASDAQ: SEV) on Wednesday, with the European company's stock plunging by over 16%. On Tuesday, Sono Group divulged that it aims to launch a follow-on offering of 10 million ordinary shares. The company plans to grant the issue's underwriters, which include Cantor Fitzgerald and B. Riley Securities, an option to collectively purchase up to 1.5 million more.
If you want to know who really controls Sono Group N.V. ( NASDAQ:SEV ), then you'll have to look at the makeup of its...