AJP and Orbic Issue Open Letter to Fellow Sonim Stockholders
Hauppauge, New York--(Newsfile Corp. - June 26, 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 devastating losses suffered by Sonim and its stockholders...
2025-06-26 3:30 PM EDT
Orbic Submits Asset Purchase Proposal to Sonim Technologies, Inc.
Offer to acquire substantially all of Sonim's assets for a cash purchase price of $25 millionPurchase price equates to a price per share of $2.418Hauppauge, New York--(Newsfile Corp. - June 26, 2025) - Orbic North America, LLC ("Orbic"), an international leader in mobile technology innovation, sent a revised acquisition proposal letter to Sonim Technologies, Inc. (NASDAQ: SONM) ("Sonim" or the "Company"), today in which Orbic re-emphasized Orbic's interest in negotiating a mutually agreeable transaction with Sonim.In its non-binding proposal, Orbic...
2025-06-26 12:58 PM EDT
Orbic North America, LLC Files Definitive Proxy Materials with the Securities and Exchange Commission
Urges Stockholders to Support Real Change on Sonim’s Board by Voting FOR Orbic’s Highly Qualified Nominees at the Annual Meeting on July 18, 2025Vote for each Orbic’s Board Nominees on the Blue Proxy CardHauppauge, New York--(Newsfile Corp. - June 24, 2025) - AJP Holding Company, LLC (“AJP”) and Orbic North America, LLC (“Orbic”), an international leader in mobile technology innovation, today announced that they and other participants in their proxy solicitation (collectively, the “AJP/Orbic Parties”) have filed definitive proxy materials...
2025-06-24 5:26 PM EDT
AJP Holding Company, LLC Announces Director Candidates for the Board of Sonim Technologies, Inc.
Hauppauge, New York--(Newsfile Corp. - March 21, 2025) - AJP Holding Company, LLC ("AJP") and Orbic North America, LLC ("Orbic"), an international leader in mobile technology innovation, today announced that AJP intends to nominate a slate of five highly qualified candidates (the "Candidates") for the Board of Directors of Sonim Technologies, Inc. (NASDAQ: SONM) ("Sonim" or the "Company"), a leading U.S. provider of ultra-rugged mobility solutions, for election at the Company's upcoming 2025 Annual Meeting of Stockholders (the "Annual Meeting").As...
2025-03-21 4:13 PM EDT