Sonim Technologies, Inc. provides ruggedized mobile phones and accessories for task workers. It offers ruggedized mobile phones, such as Sonim XP8, Sonim XP5s, and Sonim XP3 based on the Android platform that are capable of attaching to public and private wireless networks; industrial-grade accessories, including remote speaker microphones, multi-bay charging accessories, and in-vehicle hands-free voice communications solutions; cloud-based software and application services; and Rapid Deployment Kit, a portable communications system. The company also provides SmartScanner products, such as Sonim RS60, an Android-based handheld computer and LTE device; and Sonim RS80, an Android-based tablet. Sonim Technologies, Inc. sells its mobile phones and accessories primarily to wireless carriers in the United States and Canada; and sells ruggedized phones, barcode scanners, and accessories through distribution channels in North America, South America, and Europe. The company serves transportation and logistics, construction, manufacturing, facilities management, energy and utility, and public sectors. The company was formerly known as NaviSpin.com, Inc. and changed its name to Sonim Technologies, Inc. in December 2001. Sonim Technologies, Inc. was incorporated in 1999 and is based in Austin, Texas.
IPO Year: 2019
Exchange: NASDAQ
Website: sonimtech.com
Transaction Valued at $20 MillionAcquisition enhances Social Mobile's enterprise solutions while expanding its sellable addressable market, creating valuable new revenue opportunities within carrier channelsTransaction expected to close during Q4 2025, subject to closing conditionsSan 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
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 buildingsNext-generation AirJet solid-state active cooling from Frore Systems unlocks full HPUE performance for the first time in a compact palm sized package. And coming later this year,
ISS Underscores Orbic's Months of Unreasonable Demands and Incomplete OffersSan 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.In its July 10, 2025, report1, ISS determined that Orbic North America, LLC (
Orbic proposal remains conditional, uncertain, and unlikely to maximize value for Sonim stockholdersSan 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
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.Roth Capital Partners is acting as the exclusive placement agent for the offering.The gross proceeds from the offering, before deducting the placement agent’s fees and other offering expenses, are expected to be approximately $5.55 million. The Company intends to use t
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.Under the LOI, upon completion, Sonim shareholders will receive equity ownership in the combined company. While this equity ownership is currently valued at $17.5 million, S
No stockholder action required at this timeSan Diego, California--(Newsfile Corp. - June 27, 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, non-binding proposal from Orbic North America, LLC to acquire substantially all of Sonim's operating assets for $25 million. The proposal, dated June 26, 2025, represented that this $25 million offer would not preclude Sonim consummating the Reverse Take Over (RTO) transaction contemplated in the recently disclosed letter of intent with a private US-based company
The Integrated Solution Supports the Explosion of AI Workloads with Owned and Operated Data Centers with Dedicated Power GenerationSan 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
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 Special Committee to explore and evaluate a range of strategic alternatives to maximize stockholder value. Both strategically and tactically, the Special
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 matter:At this time, the Special Committee lacks sufficient information to evaluate DOOGEE's indication of interest in a manner consistent with its fiduciary duties to Sonim's stockholders. T
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Oppenheimer resumed coverage of Sonim Technologies with a rating of Hold
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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 and rugged phones, connected devices, and accessories for users that demand more durability in their lives, today announced its 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 products and strategic market expansion."We closed 2024 with significant strides in product innovation and marke
ISS Underscores Orbic's Months of Unreasonable Demands and Incomplete OffersSan 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.In its July 10, 2025, report1, ISS determined that Orbic North America, LLC (
Unmatched performance and feature set meets toughness and reliability in extreme conditionsSan Diego, California and Sydney, Australia--(Newsfile Corp. - October 28, 2024) - Sonim Technologies (NASDAQ:SONM) introduces the Sonim H700, the world's first rugged 5G and Wi-Fi 7 mobile hotspot, available to Australians through Telstra. Featuring the Snapdragon® X75 Modem-RF system, the Sonim H700 offers advanced and reliable connectivity, ideal for professionals, first responders, and consumers needing high-speed internet in demanding conditions."We're thrilled to join forces with Telstra to introduce the Sonim H700 5G Mobile Hotspot, the industry's first ultra-rugged device featuring both 5G and
LOUISVILLE, Ky., Oct. 31, 2023 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company"), creator of the most innovative personal safety and security technology designed for the care economy, today announced that Carine Schneider, FGE, and Tom Wilkinson will join as the newest members of its Board of Directors. Ms. Schneider and Mr. Wilkinson both bring decades of corporate governance, finance, operations, technology, M&A, advisory and CEO experience. "I am thrilled to welcome Carine and Tom to our Board of Directors. Carine's demonstrated history of leadership and innovation in the technology and finance sectors, coupled with Tom's extensive experience and influential work with a
Company Appoints Susan Swenson Executive Chairperson to Provide Oversight of the Senior Executive Leadership Team Internal Controls Strengthened as Board of Directors Implements Special Committee Actions Faraday Future Intelligent Electric Inc. ("Faraday Future" or the "Company") (NASDAQ:FFIE), a California-based global shared intelligent electric mobility ecosystem company, today announced that the special committee of independent Company directors (the "Special Committee") has completed its previously announced investigation into allegations of inaccurate disclosures, including claims contained in a short seller report issued during October 2021. Based on its work, the Special Commit
AUSTIN, Texas, June 1, 2021 /PRNewswire/ -- Sonim Technologies, Inc. (NASDAQ:SONM), a leading U.S. provider of ultra-rugged mobility solutions designed specifically for task workers physically engaged in their work environments, today announced that Robert (Bob) Tirva, currently serving as Chief Financial Officer, will be promoted to President and Chief Operating Officer. He will report directly to the Board of Directors and work closely with the Strategic Alternatives and Operating Committee. The Strategic Alternatives and Operating Committee is chaired by Mike Mulica and i
AUSTIN, Texas, April 21, 2021 /PRNewswire/ -- Sonim Technologies, Inc. (NASDAQ:SONM), a leading U.S. provider of ultra-rugged mobility solutions designed specifically for task workers physically engaged in their work environments, announced that it has appointed Mike Mulica and Ken Naumann as independent directors. In connection with their appointment, Sonim increased the size of its Board to seven members. "We are pleased to announce the addition to two highly qualified leaders to our board, both bringing extensive technology industry and revenue growth experience that we bel
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