Sono Group, Sports One Sign Letter Of Intent To Combine, Expand Into Sports Franchise Ownership
SEV•Letter of intent to combine and expand
- Sono Group N.V. and Sports One sign letter of intent to combine and expand into professional sports franchise ownership.
- Sports One affiliated investors purchase 283,500 ordinary shares representing 19.9% of outstanding shares.
- Sports One equity holders to own super-majority of combined company.
