Alpine Fox Builds 21.5% Stake in Sono Group After $370K Buying Spree
SSM is trading near its 52-week low of $1.05 (5.7% above the low).
Summary
Alpine Fox Capital LLC and Alpine Fox, LP disclosed a 21.5% stake in Sono Group N.V., having purchased 315,295 shares for about $370,691 at an average price of $1.1756 per share.
Key Events · Ownership and Investor Activity · SSM
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21.5% Stake Disclosed
Alpine Fox Capital LLC and Alpine Fox, LP reported beneficial ownership of 315,295 shares, representing approximately 21.5% of Sono Group N.V.'s outstanding common stock.
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$370,691 Open-Market Purchase
The shares were acquired between September 22 and September 30, 2026, at a weighted average price of $1.1756 per share, totaling approximately $370,691 excluding commissions.
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Investment Purpose Only
The filing states the position was acquired for investment purposes with no present plans to change or influence control of the issuer, though the reporting persons may buy or sell shares in the future.
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Context: Distressed Issuer
The stake comes after Sono Group's Q2 2026 loss widened to $3.8 million, cash fell to $166 thousand, and going concern doubt persists, as previously disclosed in its August 14, 2026 10-Q.
Analysis · SSM · Crypto Assets
A new 21.5% position in Sono Group N.V. has been accumulated by Alpine Fox Capital LLC and Alpine Fox, LP, who purchased 315,295 shares for approximately $370,691 at a weighted average price of $1.1756 per share between September 22 and September 30, 2026. The stake is significant given the company's recent going concern doubts and dwindling cash reserves. While the position is held for investment purposes with no stated plans to influence control, its size—over one-fifth of the company—makes Alpine Fox a major shareholder whose future buying or selling could materially move the stock.
How filings like this one have moved
In the 30 days to Nov 1, 2026, 40.1% of the 1118 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.35%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SSM was trading at $1.11 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $3M. The 52-week trading range was $1.05 to $10.54. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.