On August 31, 2026, Sono Group N.V. entered into a non-binding letter of intent with Sports One to combine in a business combination that would result in the creation of a new publicly listed company named Sports One. Concurrently, Sono executed a registered direct offering, selling 283,500 ordinary shares (19.9% of outstanding shares) to private purchasers at market price for working capital purposes. The proposed transaction involves Sports One's sports intelligence business and its strategy to acquire minority interests in NBA, NFL, MLB, and NHL franchises. Sports One existing equityholders would hold a super-majority stake in the combined entity, which is expected to be renamed Sports One. The deal requires shareholder approval and regulatory review, with no assurance of completion. Sono Group N.V. operates as a digital asset treasury company focused on Bitcoin acquisition and structured yield generation.