Sonim Technologies Signs Letter of Intent for Reverse Takeover with a Full Stack A.I. Factory Provider
San Diego, California--(Newsfile Corp. - June 25, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions, today announced the signing of a non-binding Letter of Intent (LOI) for a proposed reverse take-over (RTO) with a private US-based company (the "Target") building out Nvidia-based High-Performance Computing (HPC) A.I. factories to support the hyper growth of cloud-based artificial intelligence (AI) workloads.Key terms of the proposed transaction include:The LOI outlines the framework for a strategic business combination pursuant...
2025-06-25 8:00 AM EDT
Sonim Technologies Provides Update on Strategic Alternatives Initiatives
Urges Stockholders to Support Sonim's Qualified Director Nominees at the Annual Meeting on July 18, 2025Vote for each of Sonim Board Nominees on the WHITE Proxy CardSan Diego, California--(Newsfile Corp. - June 18, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions, today outlined its ongoing successful strategic alternatives process and illusory proposals by Orbic North America, LLC ("Orbic").In January 2025, following the unsolicited approach from Orbic to acquire Sonim, the Sonim Board formed a...
2025-06-18 5:00 PM EDT
Sonim Technologies Confirms Receipt of Non-Binding Unsolicited Indication of Interest
San Diego, California--(Newsfile Corp. - June 16, 2025) - The Special Committee of the Board of Directors (the "Special Committee") of Sonim Technologies, Inc. (NASDAQ: SONM), formed to oversee the Company's ongoing strategic alternatives process, today confirmed receipt of an unsolicited indication of interest issued by DOOGEE on June 9, 2025 in the form of a press release, to acquire all outstanding shares of Sonim for $3.60 per share in cash. The Special Committee issued the following statement on the...
2025-06-16 8:30 AM EDT
Sonim XP Pro Lands at AT&T Friday, June 6
San Diego, California--(Newsfile Corp. - June 4, 2025) - Sonim Technologies Inc. (NASDAQ: SONM) today announced the launch and availability of the Sonim XP Pro smartphone, available this Friday, June 6, at AT&T. Built to exceed the demands of enterprise users, first responders, and those operating in extreme conditions, the XP Pro sets a new benchmark for rugged smartphones. Combining advanced technology with unmatched durability, this device continues Sonim's legacy of designing mobile solutions that thrive where others fail.
2025-06-04 8:30 AM EDT
Sonim Technologies Signs Letter of Intent to Sell Substantially All Assets to Social Mobile
San Diego, California--(Newsfile Corp. - June 2, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions, today announced the signing of a Letter of Intent (LOI) with Social Mobile®, a leading provider of enterprise mobility solutions. Pursuant to the LOI, Social Mobile and Sonim intend to enter into a definitive agreement for the potential acquisition by Social Mobile of substantially all of the assets of Sonim and its direct and indirect subsidiaries (the "Transaction"). The...
2025-06-02 8:30 AM EDT
Sonim Technologies Reports First Quarter 2025 Financial Results
Introduced XP Pro Thermal 5G smartphone at Mobile World Congress international tech and telecom tradeshow in Barcelona; Received initial purchase orders ahead of second quarter launchPositioned for growth in 2025 with new product launches and continued expansion in EuropeSet to launch five products as stocked products in the second quarter through Tier 1 carriers and global partnersSan Diego, California--(Newsfile Corp. - May 12, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions, that include ultra-rugged...
2025-05-12 4:05 PM EDT
Sonim Announces Initial Purchase Orders For XP Pro Thermal Ahead of General Availability
San Diego, California and London, United Kingdom--(Newsfile Corp. - April 30, 2025) - Sonim Technologies today announced the receipt of initial purchase orders for the Sonim XP Pro Thermal, its latest innovation in rugged mobile solutions, ahead of its general availability later this quarter. These early orders from distribution partners highlight solid market demand and confidence in the XP Pro Thermal's advanced capabilities and durability.The XP Pro Thermal is built to tackle the toughest challenges in demanding environments, including critical...
2025-04-30 7:30 AM EDT
Sonim Technologies Accelerates Expansion Strategy with Strong Momentum in the Second Quarter 2025
San Diego, California--(Newsfile Corp. - April 23, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading U.S. provider of rugged mobile solutions, today announced significant progress in the execution of its expansion strategy, underscoring the company's commitment to long term growth and operational excellence. The foundation laid through strategic investments in 2024 has positioned Sonim for success through the development and delivery of new products and product categories, new customer acquisitions, the retention of an existing customer base due to...
2025-04-23 7:30 AM EDT
Sonim Technologies Announces Engagement with Shareholder Intelligence Services, LLC to Protect Shareholders and Maximize Value
San Diego, California--(Newsfile Corp. - April 15, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions, today announced it has engaged Shareholder Intelligence Services, LLC ("ShareIntel") as part of its ongoing commitment to safeguarding shareholders and driving shareholder value.Through ShareIntel's patented and proprietary service offerings, Sonim will gain access to advanced share trading analytics designed to enhance corporate governance, strengthen shareholder communication, support regulatory compliance, and monitor trading in the Company's securities.Clay Crolius, CFO of...
2025-04-15 7:30 AM EDT
Sonim Technologies, Inc. Special Committee Confirms Receipt of Unsolicited Proposal for $4.00 per Share in Cash
San Diego, California--(Newsfile Corp. - April 3, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM) today confirmed that it has received an unsolicited non-binding proposal from Orbic North America, LLC ("Orbic") to acquire all outstanding shares of Sonim Technologies for $4.00 per share in cash.Sonim, through a previously established Special Committee of the Board composed of independent directors, is carefully reviewing and evaluating the proposal in consultation with its legal and financial advisors. The Special Committee is committed to conducting a...
2025-04-03 7:30 AM EDT
Sonim Technologies Reports Full Year 2024 Financial Results
Strengthened Cash Position Through Strategic Stock Sales and Debt FinancingFocused Growth Strategy Enhances Global Footprint and Distribution ChannelsOptimistic 2025 Outlook as Scalable Product Portfolio Positions Sonim for Global SuccessSan Diego, California--(Newsfile Corp. - March 31, 2025) - Sonim Technologies, Inc. (Nasdaq: SONM), a leading provider of rugged mobile solutions, today announced its financial results for the fourth quarter and full year ended December 31, 2024. The company highlighted solid progress in revenue growth fueled by strong adoption of recently launched...
2025-03-31 4:02 PM EDT
UPDATE: Sonim Technologies Announced as Latest "Verizon Frontline Verified" Partner
Sonim XP Pro 5G and H500 5G Now Verizon Frontline VerifiedRugged, reliable, and TAA compliant, these mission-critical devices are purpose-built to meet the demands of government and frontline heroes.This release corrects and replaces the press release that was issued by Sonim Technologies, Inc., on March 20th, 2025. Updated quote attribution.San Diego, California and Basking Ridge, New Jersey--(Newsfile Corp. - March 20, 2025) - Sonim Technologies (NASDAQ: SONM) today announced that the XP Pro 5G rugged smartphone and H500 5G rugged...
2025-03-20 12:02 PM EDT
Sonim Technologies Announced as Latest "Verizon Frontline Verified" Partner
Sonim XP Pro 5G and H500 5G Now Verizon Frontline VerifiedRugged, reliable, and TAA compliant, these mission-critical devices are purpose-built to meet the demands of government and frontline heroes.San Diego, California and Basking Ridge, New Jersey--(Newsfile Corp. - March 20, 2025) - Sonim Technologies (NASDAQ: SONM) today announced that the XP Pro 5G rugged smartphone and H500 5G rugged mobile hotspot have achieved Verizon Frontline Verified status. This milestone solidifies their place as essential, best-in-class tools within Verizon's robust ecosystem,...
2025-03-20 7:30 AM EDT
Sonim Technologies Introduces the XP3plus 5G Feature Flip Phone; Certified for T-Priority
San Diego, California--(Newsfile Corp. - March 19, 2025) - Sonim Technologies (NASDAQ: SONM) today announced the launch and availability of the XP3plus 5G, its newest ultra-rugged flip phone designed for first responders, government, and enterprise users. Available now at T-Mobile and certified for use with T-Priority, featuring the nation's first 5G network slice for first responders. Building on the success of its 4G predecessor, the award-winning XP3plus, this 5G model delivers upgraded performance and durability. Key enhancements include a Qualcomm...
2025-03-19 7:25 AM EDT
Sonim lance le tout nouveau smartphone XP Pro Thermal 5G au Mobile World Congress Alliant connectivité 5G, imagerie thermique avancée, design élancé et durabilité à toute épreuve
San Diego, California and Barcelona, Spain--(Newsfile Corp. - 26 février 2025) - Sonim Technologies (SONM), un leader américain des solutions mobiles robustes, a présenté aujourd'hui le smartphone Sonim XP Pro Thermal 5G, la dernière addition à sa série phare XP Pro. Cette solution professionnelle robuste associe connectivité 5G, imagerie thermique intégrée et durabilité exceptionnelle dans un design élégant, permettant aux professionnels de travailler de manière plus intelligente, rapide et efficace - quels que soient les défis ou l'environnement.
2025-02-26 8:00 AM EST
Sonim Technologies Provides Update on Strategic Review Process and Addresses Market Speculation
San Diego, California--(Newsfile Corp. - February 26, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions, today announces that it continues to receive and evaluate inbound potential strategic alternatives in order to maximize stockholder value. As announced on January 22, 2025, Sonim has formed a special committee to evaluate opportunities, and this process is ongoing. Sonim has not decided yet on any specific path or transaction and therefore, of course, no transaction has...
2025-02-26 7:30 AM EST
Sonim Strengthens Its Leadership in Europe by Showcasing Latest Innovations at MWC 2025
San Diego, California and Barcelona, Spain--(Newsfile Corp. - February 26, 2025) - Sonim Technologies (NASDAQ: SONM), a U.S.-based leader in professional rugged mobile solutions, is proud to announce its presence at Mobile World Congress (MWC) 2025 in Barcelona, taking place from March 3-6.Sonim will spotlight its cutting-edge innovations and connect with industry leaders from multiple key locations, including:Sonim Meeting Room in Hall 3, PMR3B29ExTeledyne FLIR in Hall 7, 7B6, where the highly anticipated XP Pro Thermal 5G smartphone will be...
2025-02-26 2:58 AM EST
Sonim Unveils All-New XP Pro Thermal 5G Smartphone at Mobile World Congress
San Diego, California and Barcelona, Spain--(Newsfile Corp. - February 25, 2025) - Sonim Technologies (NASDAQ: SONM), a U.S.-based leader in rugged mobile solutions, today introduced the Sonim XP Pro Thermal 5G smartphone, the latest addition to its flagship XP Pro series. This professional rugged solution blends 5G connectivity, integrated thermal imaging, and exceptional durability into a sleek design that empowers professionals to work smarter, faster, and more efficiently-no matter the challenge or environment.
2025-02-25 1:48 AM EST
Sonim Technologies Closes Non-Dilutive Financing of $3 Million in Net Proceeds
Non-convertible unsecured promissory note issuedFamily office invests in promissory noteNo warrants issuedAccelerates progress to standalone profitabilitySonim continues to assess various inbound strategic alternativesSan Diego, California--(Newsfile Corp. - February 24, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions, today announced it has closed financing of a non-dilutive, non-convertible unsecured promissory note with net proceeds of $3 million. The investor is a Chicago-based family office. This financing helps accelerate Sonim's progress to standalone profitability. Sonim continues...
2025-02-24 8:30 AM EST
Sonim Spot(TM) H100 Mobile Hotspot Now Available in Europe, Launching with Telia in Finland
London, United Kingdom and Helsinki, Finland--(Newsfile Corp. - February 6, 2025) - Sonim Technologies (NASDAQ: SONM), a leading U.S.-based manufacturer of rugged and reliable mobile solutions, today announced the availability of the Sonim Spot™ H100 4G LTE mobile hotspot in Europe. The device is available through distributors and resellers with plans to launch later this month through mobile operator Telia in Finland. This launch reinforces Sonim’s growing presence in Europe, expanding its innovative Connected Solutions portfolio across the region.
2025-02-06 2:00 AM EST