Sonim Technologies, Inc. (SONM)

Company announces Special Meeting of Stockholders to vote on proposed Asset Purchase Agreement San Diego, California--(Newsfile Corp. - November 25, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM) today announced the filing of a preliminary proxy statement with the U.S. Securities and Exchange Commission (the "SEC") in connection with a special meeting of stockholders ("Special Meeting") to consider and vote on the proposed sale of substantially all of Sonim's assets to NEXA Mobility NEXA (formerly Social Mobile). Asset Purchase Agreement On July 17, 2025, Sonim entered into an asset purchase agreement under which NEXA will acquire Sonim's assets and assume its current liabilities for a total consideration of $15 million, plus a potential $5 million earn-out, in an all-cash transaction.

Revenue increased 45% sequentially in Q3 2025, driven by demand for new product portfolio and the successful launch of the MegaConnect HPUE mobile hotspot Net loss narrowed to $4.8 million as operating expense declined and sales improved Stockholders approved strategic initiatives including reverse stock split, share increase and reelection of Sonim Board nominees Balance sheet strengthened through capital raise and new financing initiatives San Diego, California--(Newsfile Corp. - October 31, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions for first responders, government, and enterprise, today announced its financial results for the third quarter ended September 30, 2025. "The third quarter of 2025 marked a pivotal transition for Sonim as we began to see the results of our strategic focus with the new portfolio," said Peter Liu, Chief Executive Officer of Sonim Technologies.

Purpose-Built for First Responders, Military, Government and Enterprise Users in Construction, Hospitality, Manufacturing, and many other use cases that require distraction-free phones San Diego, California--(Newsfile Corp. - August 19, 2025) - Sonim Technologies (NASDAQ: SONM) today announced the availability of the XP3plus 5G , its newest ultra-rugged flip phone, on AT&T. Certified for use on FirstNet – the only nationwide wireless communication platform built with and for first responders – the XP3plus 5G is designed to serve the critical communications needs of first responders, government agencies, and enterprise field workers.

Sonim Poised for Growth in the Second Half of 2025 with Tier-One Carrier Launches Q2 Results Reflect Investments, Product Launches, and Progress on Social Mobile's Acquisition of Sonim San Diego, California--(Newsfile Corp. - August 8, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions for first responders, government, and enterprise, today announced its financial results for the second quarter ended June 30, 2025. "The second quarter of 2025 marked a pivotal period for Sonim as we laid the groundwork for a strong finish to the year," said Peter Liu, CEO of Sonim Technologies.

Built for Mission-Critical Professionals, the XP Pro Delivers Unmatched Durability, Performance, and Reliability San Diego, California--(Newsfile Corp. - July 30, 2025) - Sonim Technologies (NASDAQ: SONM), a leading provider of ultra-rugged mobile solutions, today announced the launch and availability of the Sonim XP Pro across Canada. Now available through Bell, Telus, Rogers, and SaskTel, the XP Pro is engineered for Canada's toughest jobs and harshest conditions and empowers those who keep the country moving.

Certified for T-Mobile's T-Priority solution, built for first responders and mission-critical users San Diego, California--(Newsfile Corp. - July 23, 2025) - Sonim Technologies (NASDAQ: SONM) today announced the availability of the XP Pro, its fully rugged flagship smartphone, now through T-Mobile. Certified for T-Priority featuring the first 5G network slice in the U.S. dedicated to first responders and mission-critical users—the XP Pro is designed for first responders, government, enterprise and field users nationwide who work in extreme conditions that require ultra durability.

San Diego, California--(Newsfile Corp. - July 22, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions, today announced that Sonim stockholders have elected all five of the Company's director nominees - Mike Mulica, Peter Liu, James Cassano, Jack Steenstra, and George Thangadurai - to the Company's Board of Directors. The Board of Directors issued the following statement: "This outcome is further validation of the Sonim Board's initiatives to return value to stockholders while ensuring the long-term success of Sonim - as represented by our agreement with Social Mobile.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Sonim Technologies, Inc. (NASDAQ: SONM) to Social Mobile is fair to Sonim shareholders. Halper Sadeh encourages Sonim shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Sonim and its board of directors violated th.

Transaction Valued at $20 Million Acquisition enhances Social Mobile's enterprise solutions while expanding its sellable addressable market, creating valuable new revenue opportunities within carrier channels Transaction expected to close during Q4 2025, subject to closing conditions San Diego, California and Hollywood, Florida--(Newsfile Corp. - July 18, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM) (the "Company") and Social Mobile today announced that they have entered into a definitive agreement under which Social Mobile will acquire the assets and substantially all current liabilities of Sonim Technologies at $20 million including a $5 million potential earn-out in an all-cash transaction. (C)2025. Sonim Technologies, Inc. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8971/259221_socialmobile_sonim_linkedin_1350x440_july14_v1a.jpg This acquisition aligns with Social Mobile's strategy to expand its footprint in the purpose-built enterprise mobility market.

Able to fit in your hand, the ruggedized Sonim MegaConnect(TM) gives public safety more power, faster speeds, and more flexibility than ever before. Key Takeaways: The ultra-portable and ruggedized MegaConnect - the smallest and most affordable high-powered user equipment (HPUE) on the market - is built to withstand the demanding conditions first responders face The new Wi-Fi hotspot transmits 6x the power and is up to 2x faster than standard devices, providing better coverage in rural areas and dense urban buildings Next-generation AirJet solid-state active cooling from Frore Systems unlocks full HPUE performance for the first time in a compact palm sized package.

Hauppauge, New York--(Newsfile Corp. - July 14, 2025) - Orbic North America, LLC ("Orbic"), an international leader in mobile technology innovation, today announced that leading, independent proxy advisory firm Glass Lewis & Co. ("Glass Lewis") has recommended that stockholders of Sonim Technologies, Inc. ("Sonim") support immediate and meaningful boardroom change by voting "FOR" the election of three director candidates (Joseph M. Glynn, Surendra Singh and Michael Wallace) proposed by AJP Holding Company, LLC ("AJP") and Orbic on the BLUE proxy card.

ISS Underscores Orbic's Months of Unreasonable Demands and Incomplete Offers San Diego, California--(Newsfile Corp. - July 11, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions, today announced that Institutional Shareholder Services (ISS) has recommended that Sonim stockholders vote "FOR" four of the Company's nominees on the WHITE proxy card ahead of the Company's upcoming Annual Meeting of Stockholders on July 18, 2025. ISS is the global leader in independent shareholder meeting research and issues voting recommendations on more than 50,000 shareholder meetings annually.

Hauppauge, New York--(Newsfile Corp. - July 9, 2025) - AJP Holding Company, LLC ("AJP") and Orbic North America, LLC ("Orbic"), an international leader in mobile technology innovation, which together have an investment representing an approximately 19% economic interest in Sonim Technologies, Inc. (NASDAQ: SONM) ("Sonim" or the "Company"), today sent an open letter to the stockholders of Sonim. In its letter, AJP and Orbic highlight, in the view of AJP and Orbic, the continued devastating losses suffered by Sonim and its stockholders under the management of the incumbent Board and a seriously flawed strategic evaluation process pursued by the Special Committee of the Board.

Orbic proposal remains conditional, uncertain, and unlikely to maximize value for Sonim stockholders San Diego, California--(Newsfile Corp. - July 2, 2025) - Sonim Technologies (NASDAQ: SONM) today announced that its Special Committee of the Board of Directors (the "Special Committee") has considered, with advice from its financial advisor and legal counsel, the unsolicited, non-binding proposal from Orbic North America, LLC ("Orbic") dated June 26, 2025, and has determined it to be inferior to the previously announced Letter of Intent (the "Social Mobile LOI") between Sonim and Social Mobile for the sale of substantially all of Sonim's operating assets. The Special Committee remains committed to maximizing stockholder value and believes the Social Mobile LOI represents a superior alternative.

San Diego, California--(Newsfile Corp. - July 1, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions, today announced the pricing of a public offering of an aggregate of 7,400,000 shares of its common stock at a public offering price of $0.75 per share. The closing of the offering is expected to occur on or about July 2, 2025, subject to the satisfaction of customary closing conditions.

San Diego, California--(Newsfile Corp. - June 30, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions, today issued an update regarding the Letter of Intent (LOI) for a proposed reverse takeover (RTO), as originally announced via press release dated June 25, 2025. The RTO is with a private US-based company (the "Target") that is building out Nvidia-based High-Performance Computing (HPC) AI factories to support the hyper growth of cloud-based artificial intelligence (AI) workloads.