Save time and jump to the most important pieces.
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