Navina, Jona and Laurin
We stand for a new entrepreneurial spirit that sees itself as responsible towards society and remains committed to its own values. Together with you we will bring the Sion onto the streets and make a difference. With a down payment every Sion reservation holder makes a significant contribution to our common goal. As a thank-you, our founders have therefore given their entire profit participation rights, currently 64.07%, to a Community Pool from which “Sono Points” are awarded.
The Community Pool corresponds to a theoretical value of currently about 70 million euros. In concrete terms this means that all the reservation holders of a Sion will participate in the future profits (dividends) of Sono Motors, provided that the current Community Funding Campaign is successful. If Sono Motors decides to do an IPO or is sold, you will receive a share of the sales revenue, corresponding to your Sono Points.
Without numerous supporters such a project cannot function. The amount of your share in the total pool varies depending on the number of supporters. So if a large number of community members participate, your relative share will decrease; the higher the number of community members, the greater the positive influence of community funding on the overall company value. At the start of the campaign on 01/12/2019 11,641 Sono Points were in the Community Pool. After the success of the campaign, the score will be announced again.
Every paid reservation can be the key to the success of our Community Funding Campaign. Your support is not a matter of course to us and we do not take it lightly. Therefore, we will only accept your money if enough people decide to participate. We will only ask you to make or respectively increase your down payment if we have reached the threshold of 50 million euros by 20/01/2020.
Anyone who made a reservation through our website before 01.12.2019 will automatically receive a "Sono Point". The Sono Points are firmly tied to you as a person and cannot be traded. If you cancel or withdraw from your reservation, or if you cancel or withdraw from the purchase contract based on your reservation, your Sono Points will be forfeited.
