🟢 Sono Group is trading 41% up today after announcing Sports One combination plan

Sono Group is trading 41% up at $3.78 after announcing a non-binding letter of intent with Sports One on August 31, 2026.

• The proposed combination would create a publicly traded vehicle owning minority stakes in NFL, NBA, MLB, and NHL franchises, alongside a sports-intelligence business.
• Investors also responded to a market-price purchase of 283,500 shares, representing 19.9% ownership, with 180-day lock-ups.
• The transaction remains subject to definitive agreements and approvals.