Anuncio • May 16
DNA X, Inc. announced delayed 10-Q filing On 05/15/2026, DNA X, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Anuncio • Apr 02
DNA X, Inc. announced delayed annual 10-K filing On 04/01/2026, DNA X, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Anuncio • Jan 28
Sonim Technologies, Inc. Believes it has Regained Compliance with the Nasdaq Listing Rule As previously disclosed on Current Report of Sonim Technologies, Inc. on Form 8-K filed with the SEC on August 27, 2025, on August 22, 2025, The Nasdaq Stock Market LLC (“ Nasdaq”) notified the Company that it did not comply with the minimum $2.5 million stockholders’ equity requirement for continued listing set forth in Nasdaq Listing Rule 5550(b) (the “ Equity Rule”). Subsequently, Nasdaq provided the Company extensions until January 31, 2026, to regain compliance with the Equity Rule. As a result of the consummation of the Asset Sale, as of January 27, 2026, the Company believes it has regained compliance with the Equity Rule. The Company can provide no assurance that Nasdaq will concur with the Company’s conclusion regarding compliance. Nasdaq will continue to monitor the Company’s ongoing compliance with the stockholders’ equity requirement and, if at the time of its next periodic report the Company does not evidence compliance, it may be subject to delisting. Anuncio • Jan 27
Social Mobile LLC completed the acquisition of Sonim Technologies (Hong Kong) Limited/US Assets of Sonim Technologies, Inc. from Sonim Technologies, Inc. (NasdaqCM:SONM). Social Mobile LLC entered into a letter of intent to acquire Sonim Technologies (Hong Kong) Limited/US Assets of Sonim Technologies, Inc. from Sonim Technologies, Inc. (NasdaqCM:SONM) for $20 million on June 2, 2025. Social Mobile entered into a definitive agreement to acquire Sonim Technologies (Hong Kong) Limited/US Assets of Sonim Technologies, Inc. from Sonim Technologies, Inc.on July 17, 2025. The purchase price consists of $20 million including a $5 million potential earn-out in an all-cash transaction. The earn-out consideration is contingent upon achieving the target revenue as set forth in the agreement.
The agreement is approved by Sonim’s Board of Directors. The transaction is subject to customary closing conditions, including shareholder and regulatory approvals. The transaction is expected to close in the fourth quarter of 2025.
ROTH Capital Partners, LLC acted as financial advisor and fairness opinion provider and William N. Haddad, Kirill Y. Nikonov of Venable LLP acted as legal advisor to Sonim Technologies, Inc. Louis M. Rappaport and Thomas Cournoyer of Blank Rome LLP acted as legal advisor to Social Mobile. Equinity Trust Company, LLC acted as transfer agent to Sonim Technologies, Inc. Sodali & Co. acted as proxy solicitor to Sonim Technologies, Inc.and will be paid a fee of $30,000. Roth Capital received professional fees of $150,000 from Sonim for rendering its opinion. Roth Capital will receive a fee of $250,000 for its services as a financial advisor to the Special Committee. On November 24, 2025, it was announced that the parties entered into the first amendment to the purchase agreement. On December 5, 2025, it was announced that a special meeting of stockholders of Sonim Technologies, Inc will be held virtually on December 30, 2025. As of December 30, 2025 target shareholders have approved the deal.
Social Mobile LLC completed the acquisition of Sonim Technologies (Hong Kong) Limited/US Assets of Sonim Technologies, Inc. from Sonim Technologies, Inc. (NasdaqCM:SONM) on January 2, 2026. Anuncio • Sep 30
Sonim Technologies, Inc. has filed an IPO. Sonim Technologies, Inc. has filed an IPO.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 350,000,000
Transaction Features: Sponsor Backed Offering Anuncio • Aug 28
Sonim Technologies Receives Deficiency Letter from Nasdaq Due to Non-Compliance with Nasdaq Listing Rule 5550(b)(1) On August 22, 2025, Sonim Technologies, Inc. received a letter (the ‘Deficiency Letter’) from The Nasdaq Stock Market LLC (‘Nasdaq’) indicating that the Company’s stockholders’ equity, as reported in its Quarterly Report on Form 10-Q for the period ended June 30, 2025 (the ‘Form 10-Q’), did not satisfy the continued listing requirement under Nasdaq Listing Rule 5550(b)(1) for the Nasdaq Capital Market, which requires that a listed company’s stockholders’ equity be at least $2.5 million. As reported on its Form 10-Q, the Company’s stockholders’ equity as of June 30, 2025 was $1,334,000. Additionally, the Deficiency Letter stated that as of August 21, 2025, the Company did not meet the alternatives of market value of listed securities of $35.0 million per Listing Rule 5550(b)(2) or net income from continuing operations of $0.5 million in its most recently completed fiscal year or in two of its three most recently completed fiscal years per Listing Rule 5550(b)(3), and as such, the Company did not comply with the Listing Rule 5550 for continued listing on the Nasdaq Capital Market. The Deficiency Letter has no immediate effect on the listing or trading of the Company’s common stock, which continues to trade on the Nasdaq Capital Market under the symbol ‘SONM.’ In accordance with Nasdaq Listing Rule 5810(c)(2)(C), the Company has been provided an initial period of 45 calendar days, or until October 6, 2025, to submit a plan to regain compliance. Subsequent to the receipt of the Deficiency Letter, and prior to that deadline, the Company will submit a plan to regain compliance with Nasdaq Listing Rule 5550(b)(1) to Nasdaq. If the Company’s plan is accepted, Nasdaq may grant an extension of up to 180 calendar days from the date of the Deficiency Letter to evidence compliance. The Company is currently evaluating various courses of action to regain compliance and plans to timely submit its plan to Nasdaq to regain compliance with Nasdaq Listing Rule 5550(b)(1). There can be no assurance that the Company’s plan will be accepted or that if it is, the Company will be able to regain compliance. If the Company’s plan to regain compliance is not accepted, or if it is and the Company does not regain compliance within 180 days from the date of the Deficiency Letter, or if the Company fails to satisfy another Nasdaq requirement for continued listing, Nasdaq could provide notice that the Company’s common stock will become subject to delisting. In such event, Nasdaq rules would permit the Company to appeal the decision to reject the Company’s proposed compliance plan or any delisting determination to a Nasdaq Hearings Panel. The hearing request would stay any suspension or delisting action pending the conclusion of the hearing process and the expiration of any additional extension period granted by the panel following the hearing. Anuncio • Aug 16
Sonim Technologies Receives Notice from Nasdaq Due to Non-Compliance with the Minimum Bid Price Requirement for its Common Stock On August 13, 2025, Sonim Technologies, Inc. (the ‘Company’) received a letter (the ‘Notice’) from the listing qualifications staff (the ‘Staff’) of The Nasdaq Stock Market LLC (‘Nasdaq’) notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the ‘Bid Price Rule’) for continued listing. The Bid Price Rule requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) (the ‘Compliance Period Rule’) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice has no immediate effect on the listing of the Company’s common stock, par value $0.001 per share (the ‘Common Stock’), which continues to trade on The Nasdaq Capital Market under the symbol ‘SONM.’ In accordance with the Compliance Period Rule, the Company has 180 calendar days to regain compliance. If, at any time before the end of this 180-day period, or through February 9, 2026, the closing bid price of the Common Stock closes at or above $1.00 per share for a minimum of 10 consecutive business days, subject to the Staff’s discretion to extend this period pursuant to Nasdaq Listing Rule 5810(c)(3)(H), the Staff will provide written notification that the Company has achieved compliance with the Bid Price Rule. If the Company does not regain compliance during this 180-day period, then the Staff may grant the Company a second 180 calendar day period to regain compliance, provided the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement. In addition, the Company would be required to notify Nasdaq of its intent to cure the minimum bid price deficiency during the second compliance period, which may include, if necessary, implementing a reverse stock split. The Company will continue to monitor the closing bid price of its Common Stock and seek to regain compliance with all applicable Nasdaq requirements within the allotted compliance periods. The Company is evaluating options for regaining compliance with the Minimum Bid Rule, including seeking stockholder approval at a special meeting of stockholders or its 2026 annual meeting of stockholders to declare and effect a reverse stock split. If the Company does not regain compliance within the allotted compliance periods, including any extensions that may be granted by the Staff, the Staff will provide notice that the Common Stock will be subject to delisting. The Company would then be entitled to appeal that determination to a Nasdaq hearings panel. There can be no assurance that the Company will regain compliance with the minimum bid price requirement during the 180-day compliance period, secure a second period of 180 days to regain compliance, or maintain compliance with the other Nasdaq listing requirements. Anuncio • Jul 10
AJP Holding Company Issues an Open Letter to Shareholders of Sonim Technologies On July 9, 2025, AJP Holding Company LLC and Orbic North America, LLC sent a letter to shareholders of Sonim Technologies Inc, criticized Company's current board for rejecting a superior offer to acquire Company's assets, which would have provided substantial benefits to stockholders, AJP Holding Company urged stockholders of the Company to support their nominees Douglas B Benedict, Joseph M Glynn, Gregory M Johnson, Surendra Singh And Michael Wallace for the board at the Annual Meeting to prioritize stockholder value. In addition, AJP Holding Company’s letter highlights the lack of engagement from Company's board with Orbic's revised proposal, which offers a 66.7% premium over the current offer from Social Mobile, and the Company has not provided details on the proposed transactions with Social Mobile® or its unnamed acquirer, raising concerns about transparency and stockholder value, Company’s stock price has declined by approximately 74.94% over the past 3 months, causing significant losses for stockholders, AJP and Orbic are advocating for immediate and dramatic changes in leadership to improve stockholder value. Further, AJP Holding Company urged the shareholders to vote for its board nominees at the annual meeting of shareholders scheduled to be held on July 18, 2025. Anuncio • Jun 25
An undisclosed buyer signed a letter of intent to acquire Sonim Technologies, Inc. (NasdaqCM:SONM) in a reverse merger transaction. An undisclosed buyer signed a letter of intent to acquire Sonim Technologies, Inc. (NasdaqCM:SONM) in a reverse merger transaction on June 25, 2025. Sonim stockholders would retain equity valued at $17.5 million in the combined company. Stockholders of the HPC A.I. factory Target would own a majority in the combined company.
The transaction is subject to customary conditions, including approval by the boards of directors and stockholders of Sonim and the buyer, completion of the Sonim Legacy Business Sale as well as the satisfaction of other closing conditions. Following the closing, the combined company is expected to adopt a new corporate name and ticker symbol while maintaining its listing on Nasdaq. Anuncio • Jun 21
Sonim Technologies, Inc. has filed a Follow-on Equity Offering. Sonim Technologies, Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 6,896,551
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Securities Offered: 6,896,551 Anuncio • Jun 19
Sonim Technologies, Inc., Annual General Meeting, Jul 18, 2025 Sonim Technologies, Inc., Annual General Meeting, Jul 18, 2025. Anuncio • Jun 17
Shenzhen DOOGEE Hengtong Technology Co., Ltd proposed to acquire Sonim Technologies, Inc. (NasdaqCM:SONM) for $35.4 million. Shenzhen DOOGEE Hengtong Technology Co., Ltd proposed to acquire Sonim Technologies, Inc. (NasdaqCM:SONM) for $35.4 million on June 9, 2025. A cash consideration valued at $3.6 per share will be paid by Shenzhen DOOGEE Hengtong Technology Co., Ltd. The Board of Directors of Sonim Technologies, Inc. formed a special committee for the transaction. 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. Anuncio • Apr 04
Orbic North America LLC made an unsolicited non-binding proposal to acquire Sonim Technologies, Inc. (NasdaqCM:SONM) from AJP Holding Company, LLC and others for $25.6 million. Orbic North America LLC made an unsolicited non-binding proposal to acquire Sonim Technologies, Inc. (NasdaqCM:SONM) from AJP Holding Company, LLC and others for $25.6 million on April 3, 2025. Orbic North America proposed to acquire all outstanding shares of Sonim Technologies for $4.00 per share in cash. Anuncio • Jan 24
Sonim Technologies, Inc. Announces Formation of Committee Sonim Technologies announced the formation of a special committee comprised solely of independent directors to explore and evaluate strategic alternatives to enhance stockholder value following the Schedule 13D/A filed by AJP Holding Company, LLC with the Securities and Exchange Commission on January 17, 2025. The Special Committee will be chaired by Mr. Mike Mulica and will be comprised of Mr. Mulica and Mr. James Cassano. Sonim welcomes open, constructive communications with all stockholders and encourages input that advances the shared goal of enhancing stockholder value. Consistent with its fiduciary duties and in consultation with its advisors, including Roth Capital Partners, the Special Committee will carefully consider and evaluate strategic alternatives received from several parties including, but not limited to, Orbic North America LLC, to determine the course of action that it believes is in the best interests of Sonim and its stockholders. During this process, the Special Committee may receive and evaluate business combinations, including mergers or acquisitions, as well as, other strategic transactions, such as a sale of the company or a significant portion of its assets, to enhance stockholder value. Sonim remains focused on providing clients with world-class 5G mobility solutions. Reported Earnings • Aug 10
Second quarter 2024 earnings released: US$1.41 loss per share (vs US$0.12 profit in 2Q 2023) Second quarter 2024 results: US$1.41 loss per share (down from US$0.12 profit in 2Q 2023). Revenue: US$11.5m (down 57% from 2Q 2023). Net loss: US$6.62m (down US$7.13m from profit in 2Q 2023). Revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Tech industry in Europe. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings. Anuncio • Aug 08
Sonim Technologies, Inc. has filed a Follow-on Equity Offering in the amount of $8.943 million. Sonim Technologies, Inc. has filed a Follow-on Equity Offering in the amount of $8.943 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Breakeven Date Change • Jun 27
Forecast breakeven date pushed back to 2025 The analyst covering Sonim Technologies previously expected the company to break even in 2024. New forecast suggests the company will make a profit of US$5.05m in 2025. Average annual earnings growth of 87% is required to achieve expected profit on schedule. Anuncio • May 08
Sonim Technologies, Inc., Annual General Meeting, Jul 17, 2024 Sonim Technologies, Inc., Annual General Meeting, Jul 17, 2024. Anuncio • Apr 30
Sonim Technologies, Inc. announced that it expects to receive $3.85 million in funding Sonim Technologies, Inc. announced that it has entered into a subscription agreement with an individual investor to issue 3,500,000 common shares, par value $0.001 at a price of $1.10 per share for the gross proceeds of $3,850,000 and warrants to purchase up to 3,500,000 shares of common stock on April 29, 2024. The issuance of shares of Common Stock and Warrants pursuant to the Subscription Agreement was made in reliance upon the exemptions from registration afforded by Section 4(a)(2) of the Securities Act of 1933, as amended. Each Warrant has an exercise price of $1.10 per share, is immediately exercisable, will expire on April 29, 2029, and is subject to customary adjustments for certain transactions affecting the company’s capitalization. The Warrants may not be exercised if the aggregate number of shares of Common Stock beneficially owned by the Purchaser would exceed the specified beneficial ownership limitation provided therein immediately after exercise thereof. The Purchaser agreed not to transfer shares of common stock and warrants purchased under the Subscription Agreement until 180 days after the closing or October 29, 2024 subject to customary limited exceptions. Anuncio • Mar 15
The Nasdaq Stock Market, LLC Grants Sonim Technologies' Request for an Additional 180-Day Period, or Until September 9, 2024 to Evidence Compliance with the Minimum Bid Price Requirement On March 13, 2024, Sonim Technologies, Inc. (the ‘Company’) received formal notice that The Nasdaq Stock Market, LLC (‘Nasdaq’) granted the Company’s request for an additional 180-day period, or until September 9, 2024, (the ‘Extension Notice’) from the Listing Qualifications Department (the ‘Staff’) to evidence compliance with the $1.00 per share requirement for continued inclusion on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the ‘Minimum Bid Price Rule’). If at any time before September 9, 2024, the bid price of the Company’s common stock closes at $1.00 per share or more for a minimum of ten consecutive business days, Nasdaq will provide the Company with written confirmation of compliance with the Minimum Bid Price Rule. As previously reported, on September 14, 2023, the Staff notified the Company that the Company no longer satisfied the Minimum Bid Price Rule and was therefore subject to delisting (the ‘Original Notification’). The Company had 180 days, or until March 12, 2024, to achieve compliance with the Minimum Bid Price Rule. The Company applied for an extension of the compliance period with Nasdaq, as permitted under the Original Notification. The Company subsequently provided notice of its intention to cure the deficiency during the extended compliance period by effecting a reverse stock split, if necessary. If the Company does not regain compliance with the Minimum Bid Price Rule by September 9, 2024, the Staff will provide written notice to the Company that its common stock is subject to delisting. At that time, the Company may appeal the determination to a Nasdaq Hearings Panel (the ‘Panel’). A timely request for a hearing will stay any suspension or delisting action pending the issuance of the Panel’s decision. The Extension Notice has no effect at this time on the listing of the Company’s common stock, which will continue to trade on The Nasdaq Capital Market under the symbol ‘SONM.’ The Company is currently evaluating its options for regaining compliance. There can be no assurance that the Company will be able to regain compliance with the Minimum Bid Price Rule or that the Company will otherwise remain in compliance with the other listing standards for the Nasdaq Stock Market. Board Change • Feb 07
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. 5 highly experienced directors. Member of Public Safety Advisory Board William Leist is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Nov 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. High level of non-cash earnings (66% accrual ratio). Minor Risks Shareholders have been diluted in the past year (5.5% increase in shares outstanding). Market cap is less than US$100m (€27.6m market cap, or US$30.1m). Reported Earnings • Nov 18
Third quarter 2023 earnings released: EPS: US$0.013 (vs US$0.045 loss in 3Q 2022) Third quarter 2023 results: EPS: US$0.013 (up from US$0.045 loss in 3Q 2022). Revenue: US$27.6m (up 35% from 3Q 2022). Net income: US$527.0k (up US$2.14m from 3Q 2022). Profit margin: 1.9% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings. Anuncio • Nov 17
Sonim Technologies, Inc. Announces Board Changes Sonim Technologies, Inc. announced that the board of directors appointed Mike Mulica as its new Chair on November 12, 2023. Mr. Mulica will be succeeding Jeffrey Wang, who has provided exemplary service as the Chair and will continue his valuable contributions to Sonim as an Independent Director. Mulica has been a member of Sonim's board and an independent director since 2021. A seasoned industry veteran with over three decades of experience at the intersection of mobile communications, the internet and globally scaled industry solutions, Mulica's leadership has been instrumental in pioneering the mobile internet and bringing game-changing products and technologies to global markets. His extensive experience spans significant roles in both public and private companies, including Motorola, Synchronoss, Openwave, Phone.com, Unwired Planet, FusionOne, RealNetworks, and Actility. Before his appointment as the CEO of Alef in October 2021, Mr. Mulica served as the Executive Chairman at Alef and has also been a board member and global advisor to other private companies and venture capital funds. Board Change • Nov 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 4 experienced directors. 2 highly experienced directors. Member of Public Safety Advisory Board William Leist is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Anuncio • Sep 19
Sonim Technologies Receives Non-Compliance Notice from Nasdaq On September 14, 2023, Sonim Technologies, Inc. (the “Company”) received a letter (the “Notice”) from the listing qualifications staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”) for continued listing. The Bid Price Rule requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) (the “Compliance Period Rule”) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice has no immediate effect on the listing of the Company’s common stock, par value $0.001 per share (the “Common Stock”), which continues to trade on The Nasdaq Capital Market under the symbol “SONM.” In accordance with the Compliance Period Rule, the Company has 180 calendar days to regain compliance. If, at any time before the end of this 180-day period, or through March 12, 2024, the closing bid price of the Common Stock closes at or above $1.00 per share for a minimum of 10 consecutive business days, subject to the Staff’s discretion to extend this period pursuant to Nasdaq Listing Rule 5810(c)(3)(H), the Staff will provide written notification that the Company has achieved compliance with the Bid Price Rule. If the Company does not regain compliance during this 180-day period, then the Staff may grant the Company a second 180 calendar day period to regain compliance, provided the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement. In addition, the Company would be required to notify Nasdaq of its intent to cure the minimum bid price deficiency during the second compliance period, which may include, if necessary, implementing a reverse stock split. The Company will continue to monitor the closing bid price of its Common Stock and seek to regain compliance with all applicable Nasdaq requirements within the allotted compliance periods. The Company is evaluating options for regaining compliance with the Minimum Bid Rule, including seeking stockholder approval at its 2024 annual meeting of stockholders to declare and effect a reverse stock split. If the Company does not regain compliance within the allotted compliance periods, including any extensions that may be granted by the Staff, the Staff will provide notice that the Common Stock will be subject to delisting. The Company would then be entitled to appeal that determination to a Nasdaq hearings panel. There can be no assurance that the Company will regain compliance with the minimum bid price requirement during the 180-day compliance period, secure a second period of 180 days to regain compliance, or maintain compliance with the other Nasdaq listing requirements. Board Change • Sep 18
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Jim Cassano was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Anuncio • Aug 19
Sonim Technologies, Inc., Annual General Meeting, Sep 28, 2023 Sonim Technologies, Inc., Annual General Meeting, Sep 28, 2023, at 09:00 Pacific Standard Time. Agenda: To elect the five nominees as directors of the company, each to hold office until the 2024 annual meeting of stockholders and until his or her successor is duly elected and qualified or until his or her earlier death, resignation, or removal; to ratify the appointment of Moss Adams LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2023; to approve an amendment to the Sonim Technologies, Inc. 2019 Equity Incentive Plan, as amended, to increase the aggregate number of shares of common stock authorized for issuance by 2,000,000 shares; and to transact any other business properly brought before the Annual Meeting or any postponement or adjournment thereof. Anuncio • Aug 09
Sonim Technologies Appoints Simon Rayne as Senior Vice President and General Manager for UK, EMEA, and APAC Sonim Technologies Inc. announced that Simon Rayne has joined Sonim as the newly appointed Senior Vice President and General Manager for the UK, EMEA, and APAC, reporting to Chuck Becher, Chief Commercial Officer. Rayne, an industry veteran executive with extensive experience in sales and market development for wireless solutions targeting carriers, enterprises, and consumers, will lead market development and sales for Sonim across these pivotal regions. Simon Rayne is a seasoned executive with a rich history in sales leadership roles across several global companies. Prior to joining Sonim, Rayne served as SVP and Managing Director for Inseego in the UK, EMEA, and APAC regions, he successfully launched numerous mobile and fixed 5G products and enterprise SaaS offerings with multiple carriers. Before Inseego, Rayne served as General Manager for Microsoft Devices and Services in the UK, overseeing the Microsoft Cloud, Office, and Skype divisions. He was instrumental in integrating Nokia's sales, marketing, and services operations in the UK and Ireland into Microsoft. Rayne's experience extends to Sony Ericsson Mobile where he led consumer and retail sales in Europe, focusing on and significantly improving sales execution. As Managing Director for Spectralink in the UK, EMEA, and APAC regions, he developed the company's global channel sales strategy, forming strategic alliances and OEM relationships with tech giants like Cisco and Microsoft. He also established new reseller and distribution agreements with several leading companies including Dimension Data, BT Global, Orange Business Services, Deutsche Telekom, Vodafone, and Telefonica. Earlier in his career, Rayne held sales leadership roles with renowned global companies such as GlaxoSmithKline, Coca-Cola, and Bass Brewing Company. His extensive experience and proven track record in leading successful product launches and implementing effective sales strategies make him a valuable asset to Sonim. Rayne holds a B.A. (Honors) in French &Psychology from Lancaster University and executive education accreditations from the University of Middlesex and Franklin Covey. Anuncio • Sep 27
Sonim Technologies, Inc., Annual General Meeting, Oct 26, 2022 Sonim Technologies, Inc., Annual General Meeting, Oct 26, 2022, at 09:00 Pacific Standard Time. Agenda: To elect the seven directors to our Board of Directors, each to serve until the next annual meeting and until his or her successor has been duly elected and qualified; to approve an amendment to our 2019 Equity Incentive Plan, as amended, to increase the aggregate number of shares of common stock authorized for issuance by 5,000,000 shares; to approve an amendment to Certificate of Incorporation, as amended, to effect a reverse stock split of the Company’s common stock pursuant to which any whole number of outstanding shares between and including two and fifteen shares would be combined, converted, and changed into one share of common stock, with the final exchange ratio to be determined by the Board of Directors in its discretion; and to consider other matter. Anuncio • Aug 10
Sonim Technologies, Inc. announced that it has received $17.5 million in funding from AJP Holdings, LLC As of August 9, 2022, the company has received $5,000,000 in its second tranche from approximately 5.9 million shares. The company has raised $17,500,000 in funding so far in the transaction. Anuncio • Jul 22
Sonim Technologies, Inc. Announces Board Changes On July 14, 2022, the board of directors of Sonim Technologies, Inc. elected Messrs. Peter Hao Liu and Jose Carlos Principe, Ph.D., to serve as members of the Board, effective July 14, 2022. The size of the Board was increased to seven, effective July 14, 2022, in connection with the election of Messrs. Liu and Principe. Anuncio • Jul 16
Sonim Technologies Launches New Xp5plus Rugged Device with At&T Sonim Technologies, Inc. announced the launch of the XP5plus on the AT&T network, which offers the best of both cellular and radio-like capabilities for businesses and employees working in extreme conditions. The XP5plus builds on the legacy of its predecessor, the XP5s, one of the most widely used PTT-over-Cellular ultra-rugged devices among frontline workers and first responders who need instant reliable communications when it matters most. The new XP5plus is purpose-built for critical communications and includes many features that enhance the Push-to-Talk (PTT) experience. At the top of its long list of new features is a version with two easy-to-use control knobs – for channel select and volume control. PTT can now be accessed without users ever taking their eyes off the mission in front of them. With longer battery life and a larger screen, the XP5plus raises the bar on what a device can do. Third-party tested and validated to MIL-STD-810H, this rugged device is drop proof and waterproof and will thrive in the most punishing conditions. Sonim is long recognized for the superior audio quality built into all its devices. The XP5plus does not disappoint with Goodix echo and noise cancellation technology built into the new 100dB+ speakers. The XP5plus is also FirstNet Ready®, which means first responders can use it to tap into specialized capabilities designed to meet their needs on FirstNet® – the only nationwide, high-speed broadband communications platform dedicated to and purpose-built for America's first responders and the extended public safety community. First responders maintain voice communications with always-on priority and preemption on LTE, while the intuitive FirstNet network determines the best route for data traffic, whether that's 5G or LTEi. The XP5plus is packed with other extra features including SonimWareEnterprise Mobility Software that helps customers more easily deploy, manage and support mobile devices in the field. The Sonim SecureAudio Connector provides secure, more reliable connections so audio accessories and Remote Speaker Microphones (RSM) are locked in place and always ready, even while engaged in rigorous activity. It is compatible with a wide range of industrial grade accessories including headsets, RSMs, vehicle mounts and more. The XP5plus also comes with Sonim's 3-year comprehensive warranty which lowers the total cost of ownership, especially compared to consumer devices. The XP5plus will be available online and in AT&T stores on, July 15. Anuncio • Apr 16
Sonim Technologies, Inc. announced that it expects to receive $17.5 million in funding from AJP Holdings, LLC Sonim Technologies, Inc. entered into security purchase agreement for the issuance of 20,833,333 shares at a price of $0.84 per share for an aggregate purchase price of $17,500,000 on April 14, 2022. The transaction will include participation from AJP Holdings, LLC. The company will issue shares in two tranches 14,880,952 shares in its first tranche and 5,952,381 shares in second tranche. The first tranche is expected to close on August 1, 2022. The transaction is subject to stockholder approval and other customary closing conditions. The company will pay expenses incurred in connection with the subscription agreement of up to $350,000. The company will issue the securities pursuant to exemption from the registration requirements Section 4(a)(2) under the Act, and Regulation D. Anuncio • Apr 15
Sonim Technologies, Inc. Appoints Peter Liu as Chief Executive Officer Sonim Technologies, Inc. announced that it has entered into a subscription agreement with AJP Holding Company, LLC (AJP) whereby, subject to the terms thereof, AJP will purchase a total of 20.8 million shares at a price of $0.84 per share and an aggregate purchase price of $17.5 million. Upon completion of the transaction, which is subject to stockholder approval and other customary closing conditions, AJP will own approximately 52% of Sonim's post-transaction outstanding capital stock based on an estimated 19.3 million shares outstanding prior to the transaction. Peter Liu, who has served as Executive Vice President for Global Operations and Engineering since 2010, has been appointed Chief Executive Officer, effective April 14, 2022. Liu is part of the investment group at AJP and leading the strategic development of Sonim's expanded market focus. Anuncio • Feb 08
Sonim Technologies, Inc. Announces Resignation of Kenny Young as Member of the Board of Directors On February 3, 2022, Kenny Young resigned as a member of the Board of Directors of Sonim Technologies, Inc. effective immediately. Anuncio • Dec 15
Sonim Technologies and Klein Electronics Introduce the Rescue Remote Speaker Microphone Sonim Technologies announced the launch of the Klein RESCUE waterproof Remote Speaker Microphone (RSM) coming in Quarter 1, 2022. The RESCUE RSM is compatible with Sonim SecureAudio Connector handsets including the XP5s and XP8. Public safety and industrial workers are challenged with finding rugged audio accessories that are affordable, waterproof and backed by a comprehensive warranty. That's why Sonim and Klein have teamed up to offer the RESCUE RSM, the most affordable, waterproof RSM with an industry leading 3 year comprehensive warranty, which is now available via leading mobile operators and distributors across the globe. The RESCUE RSM meets IP-67 standards for waterproof and dust immersion and features a large Push-to-Talk (PTT) button, directional mic for noise cancellation, and headsetport for a listen-only earpiece. In addition, the RESCUE RSM includes an orange programmable emergency button that is linked to the emergency buttons on Sonim ruggedized handsets as well as Sonim SOS, part of SonimWare Enterprise Mobility Software. Sonim SOS is a powerful, free app connected to an easy-to-use alarm key that offers an array of customizable safety-first options to keep workers safe and secure. Anuncio • Sep 15
Sonim Announces Reverse Stock Split Sonim Technologies, Inc. announced that it intends to effect a one-for-ten reverse split of its issued and outstanding common stock (the "Reverse Stock Split"). The Reverse Stock Split will become effective as of 5:00 p.m. Eastern Time on September 15, 2021 (the "Effective Date"), and the Company's common stock is expected to begin trading on a split-adjusted basis when the market opens on September 16, 2021. The Reverse Stock Split will not modify any rights or preferences of the Company's common stock and there will be no change in the par value per share. The Reverse Stock Split is intended to increase the market price per share of the Company's common stock to ensure the Company regains full compliance with Nasdaq's minimum bid price requirement and maintains its listing on Nasdaq. The Reverse Stock Split will also make available an increased number of authorized but unissued shares of the Company's common stock, allowing the Company to pursue additional financing activities and/or other strategic transactions. Anuncio • Sep 14
Sonim Technologies, Inc. Launches New Xp3plus Ultra-Rugged Flip Phone Sonim Technologies announced the launch of the XP3plus flip phone, now available at T-Mobile. The new Sonim XP3plus builds on the legacy of its ultra-rugged, and very popular, predecessor, the XP3, to deliver enhanced capabilities for those who work in demanding environments and need simple, fast and reliable voice communications. The XP3plus features a larger display, additional programmable buttons to improve productivity, and a new intuitive user interface with dynamic soft keys. A larger battery, strongest in its' class, offers performance that will last extra shifts. Large, tactile and glove-friendly PTT and Emergency/SOS buttons offer instant mistake-free communication when it matters most. For construction, field service, first responders, transportation and logistics workers who are constantly on the go, the XP3plus is compatible with a wide range of industrial-grade accessories including headsets, remote speaker microphones, vehicle mounts and more. This compact flip phone meets Sonim's Rugged Performance Standards (RPS). Based on more than ten years of feedback from customer usage in the world's most extreme environments, Sonim Rugged Performance Standards consist of 12 benchmarks of endurance and durability and reassure Sonim customers at work or play. The XP3plus is drop proof and waterproof. It can withstand drops from 1.5 meters onto concrete and be submerged in 1.5 meters of water for 30 minutes. Audio quality in Sonim devices is superior and the XP3plus is no exception. The 100dB+ ultra-loud and clear audio speaker with noise-cancellation is loud enough to be heard in the noisiest construction site, manufacturing floor or family gathering. The flip phone comes with Sonim's industry-leading 3 year comprehensive warranty that prevents the cost of device replacement. To see the XP3plus in action. Breakeven Date Change • Sep 10
Forecast to breakeven in 2023 The 3 analysts covering Sonim Technologies expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$395.0k in 2023. Average annual earnings growth of 62% is required to achieve expected profit on schedule. Anuncio • Sep 10
Sonim Technologies Introduces Waterproof Headsets and Rsms with 3 Year Comprehensive Warranty from Klein Electronics Sonim Technologies launched Klein waterproof headsets and RSMs, compatible with Sonim SecureAudio Connector handsets, including XP3, XP5s and XP8. Over the past year, Sonim and Klein made it their mission to overcome top customer objections related to rugged audio accessories – affordability, waterproof and warranty. The companies now offer the most affordable, waterproof headsets and RSMs with an industry leading 3 year comprehensive warranty via leading mobile operators and distributors across the globe. Key products available and compatible with Sonim's handsets include: Klein VALOR RSM meets IP-66 performance standards and includes two large PTT buttons (front-facing and thumb) and overmolded rubber for grip. It also has a locking earpiece port for a listen-only earpiece, which redirects the receive audio from the speaker to reduce ambient noise levels and potential sensitive information. Klein VALOR RSM with 16-channel and volume selectors meets IP-66 performance standards and includes two physical knobs for channel and volume selection, two large PTT buttons (front-facing and thumb) and overmolded rubber for grip. Klein CURL headset rests on either ear for comfortable, all-day use, and has an all new design for tactical grip with an IP-67 waterproof PTT button. The PATIOT-PRO headset is a 2-Wire design allowing the headset cords to be clipped over or under clothes or a uniform, while on the job, and meets IP-67 performance standards. Reported Earnings • Aug 18
Second quarter 2021 earnings released: US$0.10 loss per share (vs US$0.22 loss in 2Q 2020) The company reported a soft second quarter result with weaker revenues and control over costs, although losses reduced. Second quarter 2021 results: Revenue: US$12.0m (down 43% from 2Q 2020). Net loss: US$6.69m (loss narrowed 5.8% from 2Q 2020). Breakeven Date Change • Aug 16
Forecast to breakeven in 2023 The 3 analysts covering Sonim Technologies expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 25% per year to 2022. The company is expected to make a profit of US$395.0k in 2023. Average annual earnings growth of 58% is required to achieve expected profit on schedule. Anuncio • Jul 01
Sonim Introduces the RT80 Rugged Tablet Sonim Technologies, Inc. announced the launch of the RT80 fully-rugged tablet designed specifically for the needs of industrial, field service and public safety workers in demanding work environments. The RT80 features a glove-friendly and sunlight-readable 8-inch screen as well as high-capacity battery for multi-shift performance. The Sonim RT80 is designed for users who need a fully rugged Android computing platform with a large screen, lightweight and thin form factor and excellent battery life at an affordable price point. The RT80 has customizable buttons and applications that allow businesses to tailor the device to their workflow, making it a dependable addition to any IoT suite or SmartCity or SmartFactory deployment where workers need a rugged device that easily accesses and processes IoT data. RT80 features include: Android 10 operating system. High bandwidth 4G LTE connectivity. A comprehensive 2 year warranty. A high-capacity multi-shift battery. Glove-friendly eight-inch touch screen. Waterproof, dust proof, drop proof and chemical resistant. Can be cleaned and sanitized with bleach, isopropyl alcohol, and other disinfectants as needed to minimize risk of contamination. Supports SonimWare Enterprise Mobility Software, a comprehensive set of software tools, applications and utilities that help improve management and productivity. Anuncio • Jun 16
Sonim Technologies's XP8 Android Handset Now Supported by Mission-Critical Standards-Based FirstNet® Push-to-Talk Solution from At&T Sonim Technologies announced that its XP8 ultra-rugged Android handset is approved for FirstNet® Push-to-Talk (PTT). FirstNet is built with AT&T in a public-private partnership with the First Responder Network Authority (FirstNet Authority) – an independent agency within the federal government. It's designed with and for public safety. With this much-needed technology upgrade, first responders can connect to the critical information they need every day and in every emergency. FirstNet PTT is designed to enable public safety to use their smartphones, feature phones, and specialized ultra-rugged devices like they would use a two-way radio, with highly reliable, high-performance calling. The Sonim XP8, which is purpose-built for critical communications, includes many features that enhance the PTT experience. XP8 features include: OneTouch PTT – a dedicated PTT button provides instant communications with no need to wake up the device or launch the app like consumer smartphones. Red (Emergency) Button – instantly alert dispatch and/or emergency services which can be customized with the free Sonim SOS application that is FirstNet Certified™ and available through the FirstNet App Catalog. Ultra-loud speakers and noise suppression ensures communication in the noisiest conditions. Ultra-rugged accessories – a broad range of industrial accessories, including remote speaker microphones, wireless mics and in-vehicle mounts to address the common needs of first responders. Compatibility with NextNav's Pinnacle service to provide critical vertical location capabilities for first responders. The Sonim XP8, now FirstNet Ready™, supports access to the dedicated FirstNet network core, FirstNet First Priority® – which includes always-on priority and preemption for first responders – and the Band 14 spectrum. FirstNet Ready™ devices are subject to hundreds of tests that cover several aspects, from security and durability to network impacts. This helps make sure that they can meet the needs of first responders. Reported Earnings • May 13
First quarter 2021 earnings released: US$0.14 loss per share (vs US$0.48 loss in 1Q 2020) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: US$12.2m (down 3.7% from 1Q 2020). Net loss: US$9.28m (loss narrowed 6.9% from 1Q 2020). Anuncio • May 06
Sonim Technologies, Inc. Announces the Commercial Availability of Its RS60 SmartScanner Handheld in North America and Europe Sonim Technologies, Inc. announced the commercial availability of its RS60 SmartScanner handheld in North America and Europe. Built to the rugged performance standards that Sonim is known for, the RS60 is a durable and reliable all-in-one Android device that can lower the total cost of ownership (TCO) as a result of its extensive functionality and proven durability. The Sonim RS60 handheld computer and barcode scanner is an ideal device for use in warehouses, manufacturing, transportation and logistics, as well as field service. Featuring one of the screens of any handheld scanner and the ability to quickly and accurately scan barcodes in varying lighting conditions means the RS60 provides a user-friendly experience for front-line workers who must rapidly capture and consume large amounts of data. The large 8000mAh battery, twice the capacity typically found in leading handheld scanners, ensures all day performance. Key features include: Android 10 operating system; Integrated barcode scanner capable of fast and reliable scanning; High bandwidth 4G LTE and/or Wi-Fi connectivity; A comprehensive 2-year warranty; An industry-leading, high-capacity multi-shift battery; Waterproof, dust proof, drop proof and chemical resistant; Supports SonimWare Enterprise Mobility Software, a comprehensive set of software tools, for improved management and productivity; Android Enterprise Recommended. The RS60 is available through Sonim distribution partners, including SYNNEX and Crossover in North America, and Capestone in the United Kingdom and Europe. Anuncio • Apr 30
Sonim Technologies Receives Deficiency Letter from Nasdaq On April 28. 2021, Sonim Technologies, Inc. received a deficiency letter (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market, LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the bid price for the Company’s common stock had closed below $1.00 per share, which is the minimum closing price required to maintain continued listing on the Nasdaq Stock Market under Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Requirement”). The Notice has no immediate effect on the listing of the Company’s common stock on the Nasdaq Capital Market. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days to regain compliance with the Minimum Bid Requirement. To regain compliance with the Minimum Bid Requirement, the closing bid price of the Company’s common stock must be at least $1.00 per share for a minimum of 10 consecutive trading days during this 180-day compliance period, unless the Staff exercises its discretion to extend this period pursuant to Nasdaq Listing Rule 5810(c)(3)(G). The compliance period for the Company will expire on October 25, 2021. In the event that the Company does not regain compliance within the 180-day compliance period, the Company may be eligible for an additional 180 calendar day compliance period. To qualify, the Company would need to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the Minimum Bid Requirement, and provide written notice to the Staff of its intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split, if necessary. However, if it appears to the Staff that the Company will not be able to cure the deficiency, or if the Company does not meet the other listing standards, the Staff could provide notice that the Company’s common stock will become subject to delisting. In the event the Company receives notice that its common stock is being delisted, the Nasdaq Listing Rules permit the Company to appeal any such delisting determination by the Staff to a Hearings Panel. The Company intends to actively monitor the closing bid price of its common stock and is evaluating available options to regain compliance with the Minimum Bid Requirement, including by effecting a reverse stock split. There can be no assurance that the Company will be able to regain compliance with the Minimum Bid Requirement or that the Company will otherwise remain in compliance with the other listing standards for the Nasdaq Stock Market. Anuncio • Mar 19
Sonim Technologies, Inc. Introduces Stone Mountain Remote Speaker Microphones with DSP Noise Cancellation and PTT-over-Cellular Solution Sonim Technologies, Inc. announced the availability of the Stone Mountain Epic Remote Speaker Microphone (RSM) series as part of its rugged mobility accessory product line. The Epic RSM Series with ProClearTM Digital Signal Processing (DSP) noise cancellation is compatible with the Sonim XP8 and XP5s rugged phones. These RSMs, when combined with the Sonim handsets and PTT-over-Cellular service, provide DSP noise cancellation for clear audio even in the noisiest environments. Stone Mountain and Sonim collaborated with a mining client to develop a mission critical communications solution that would perform well in high noise and dust environments. Stone Mountain's product development efforts with the client resulted in the cutting edge digital signal processing that is incorporated into Sonim compatible Epic RSMs. Stone Mountain Epic RSMs and Sonim's XP8 and XP5s handsets include the following key features: Sonim's SecureAudio interface lets the speaker microphone be physically secured to and powered by the XP8/XP5s, a capability unique to Sonim devices. The RSMs allow users to directly change channels or talk groups and control volume. The RSMs meet Sonim's ultra-rugged, IP-68 and Mil-Std-810G performance standards. The RSMs include an optional physical knob to change channels, RampClikTM one-touch volume control, listen-only headset jack and large PTT button. The optional listen-only earpiece jack allows for covert listening in secure, quiet settings. A built-in emergency button on the RSM is mapped to the Sonim handset emergency button making it easy to initiate lone worker or man-down alerts. The solution is compatible with Sonim SOS, a powerful app connected to an easy-to-use alarm key that offers an array of safety-first options found only on Sonim devices. Recent Insider Transactions • Mar 19
Insider recently sold €388k worth of stock On the 13th of March, Bryant Riley sold around 467k shares on-market at roughly €0.83 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €394k more than they bought in the last 12 months. Reported Earnings • Mar 12
Full year 2020 earnings released: US$0.65 loss per share (vs US$1.39 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$64.0m (down 45% from FY 2019). Net loss: US$29.9m (loss widened 16% from FY 2019). Analyst Estimate Surprise Post Earnings • Mar 12
Revenue beats expectations Revenue exceeded analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 5.0%, compared to a 8.6% growth forecast for the Tech industry in Germany. Anuncio • Mar 10
Sonim Technologies, Inc. to Report Q4, 2020 Results on Mar 10, 2021 Sonim Technologies, Inc. announced that they will report Q4, 2020 results After-Market on Mar 10, 2021 Anuncio • Mar 05
Sonim Technologies, Inc. and Energy Electronics, LLC Announce New Distribution Agreement in North America Sonim Technologies, Inc. announced a new partnership with Energy Electronics, LLC. This partnership will make the Sonim RS80 SmartScanner tablet and RS60 SmartScanner handheld accessible across North America. The Sonim SmartScanner devices, a 6" handheld (RS60) and an 8" tablet (RS80), feature glove-friendly touch screens, high-capacity multi-shift batteries, resistance to water and dust and a variety of additional features and capabilities to maximize functionality and improve productivity on the job. The devices can lower the total cost of ownership (TCO) compared to consumer devices as a result of proven durability while also improving the barcode scanning experience for frontline workers who need to rapidly capture large amounts of data. Anuncio • Feb 24
Sonim Regains Compliance with Nasdaq Listing Requirements Sonim Technologies, Inc. on February 23, 2021 announced it has regained compliance with Nasdaq listing requirements. In a letter dated February 22, 2021, Nasdaq informed the Company that it has achieved compliance with the minimum bid price rule required for continued listing on the Nasdaq Capital Market. Anuncio • Feb 10
Sonim Technologies Announces the Commercial Availability of its RS80 SmartScanner Tablet in North America and Europe Sonim Technologies announced the commercial availability of its RS80 SmartScanner tablet in North America and Europe. Designed to serve industrial, field service and public safety workers in demanding work environments, the RS80 is the first fully-rugged tablet to join the Sonim ultra-rugged product line. The Sonim RS80 is an eight-inch tablet with an integrated barcode scanner that features a glove-friendly touch screen, high-capacity multi-shift battery, resistance to water and dust and a variety of additional features and capabilities to maximize its functionality on the job. The RS80 is built to last and can lower the total cost of ownership (TCO) compared to consumer tablets as a result of its proven durability while also improving the barcode scanning experience for front-line workers who must rapidly capture large amounts of data. Key features include: Android 10 operating system, Integrated barcode scanner capable of fast and reliable scanning, High bandwidth 4G LTE connectivity, An industry-leading, comprehensive 2 year warranty, An industry-leading, high-capacity multi-shift battery, Glove-friendly touch screen, Waterproof, dust proof, drop proof and chemical resistant, Can be cleaned and sanitized with bleach, isopropyl alcohol, and other disinfectants as needed to minimize risk of contamination, Supports SonimWare Enterprise Mobility Software, a comprehensive set of software tools, applications and utilities that help improve management and productivity. The RS80 is available through Sonim distribution partners Crossover in North America, and Capestone in the United Kingdom and Europe. Is New 90 Day High Low • Feb 10
New 90-day high: €1.05 The company is up 144% from its price of €0.43 on 11 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 34% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.83 per share. Anuncio • Jan 26
Sonim Technologies and Syndico Partner to Bring Ultra-Rugged Devices to the United Kingdom Sonim Technologies announced its partnership with Syndico. The new partnership will expand the distribution of Sonim's ultra-rugged mobility solutions throughout the United Kingdom. Sonim products range from ultra-rugged Android mobile devices, tablets and software to industrial grade-accessories that are purpose-built to serve those in industries like transportation and logistics, construction, as well as to serve those in mission critical public safety and military roles. Anuncio • Jan 22
Sonim Technologies Receives Nasdaq Extension Sonim Technologies, Inc. announced the company has received an extension of 180 days, until July 19, 2021 to regain compliance with the Nasdaq minimum bid price requirement for continued listing. The company previously had until January 18, 2021 to regain compliance, and received its extension notice on January 20, 2021. The Company intends to monitor the closing bid price of its Common Stock and has given written notice to Nasdaq that it will, if necessary, implement available options to regain compliance with the minimum bid price requirement, including a reverse stock split within the range previously approved by stockholders. Nasdaq has also approved the company's application to transfer its stock from the Nasdaq Global Market to the Nasdaq Capital Market. Is New 90 Day High Low • Jan 21
New 90-day high: €0.79 The company is up 64% from its price of €0.48 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.99 per share. Is New 90 Day High Low • Jan 05
New 90-day high: €0.60 The company is up 3.0% from its price of €0.59 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.46 per share. Anuncio • Dec 10
Sonim Technologies, Inc. Announces Its XP5s Ultra-Rugged Feature Phone Supported by Mission-Critical Standards Based Firstnet® Ptt Solution from At&T Sonim Technologies, Inc. announced that its XP5s ultra-rugged feature phone is among the initial devices that are approved for FirstNet® Push-to-Talk (PTT), the nationwide mission-critical standards-based push-to-talk solution. FirstNet PTT is designed to enable public safety to use their smartphones, feature phones, and specialized ultra-rugged devices like they would use a two-way radio, with highly reliable, high-performance calling. The Sonim XP5s, which is purpose-built for critical communications, includes many features that enhance the PTT experience. Features supported by FirstNet PTT running on XP5s include: Dedicated PTT button- no need to wake the device up or launch the app like consumer smartphones; Red (Emergency) Button – instantly alert dispatch and/or emergency services; Ultra-loud speakers and noise suppression – ensure that one can stay in communication in the harshest conditions; Ultra-rugged accessories – a broad range of industrial accessories, including remote speaker microphones, wireless mics, in-vehicle mounts to address the common needs of first responders; The Sonim XP5s is FirstNet Ready™, which means first responders can use it to tap into the power of FirstNet®- which provides public safety with the nation's fastest overall network experience.1 FirstNet ReadyTM devices are subject to hundreds of tests that cover several aspects, from security and durability to network impacts. This helps make sure that they can meet the needs of first responders. FirstNet Ready™ devices support access to the dedicated FirstNet network core, FirstNet First Priority® – which includes always-on priority and preemption for first responders – and the Band 14 spectrum. Anuncio • Dec 02
Sonim Technologies and Acuraflow Announce New Distribution Agreement in Latin America Sonim Technologies announced its partnership with Acuraflow to distribute Sonim ultra-rugged devices in Latin America. The partnership will provide field workers in public safety, oil & gas, mining, utilities, manufacturing, and other demanding work enivoronments more ultra-rugged mobility options. Every Sonim mobile device is built to meet Sonim's Rugged Performance Standards (RPS). The RPS consists of 12 benchmarks of endurance and durability and were created with more than 10 years of feedback from customer usage in the world's most extreme environments. In addition, Sonim devices can be rigorously cleaned and sanitized with bleach and isopropyl alcohol as needed to minimize the risk of contamination from COVID-19. Reported Earnings • Nov 17
Third quarter 2020 earnings released: US$0.098 loss per share The company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: US$14.4m (down 50% from 3Q 2019). Net loss: US$6.46m (loss narrowed 4.6% from 3Q 2019). Analyst Estimate Surprise Post Earnings • Nov 12
Revenue misses expectations Revenue missed analyst estimates by 21%. Over the next year, revenue is forecast to grow 16%, compared to a 9.9% growth forecast for the Tech industry in Germany. Reported Earnings • Nov 12
Third quarter 2020 earnings released: US$0.098 loss per share The company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: US$14.4m (down 50% from 3Q 2019). Net loss: US$6.46m (loss narrowed 4.5% from 3Q 2019). Anuncio • Nov 12
Sonim Technologies, Inc. Announces Rugged Handheld and Tablet with Integrated Barcode Scanners Sonim Technologies, Inc. announced the launch of the RS60 and RS80 rugged SmartScanner devices to better serve industrial, field service and public safety workers in demanding work environments. These new devices can lower the total cost of ownership (TCO) as a result of their proven durability while improving the barcode scanning experience for front-line workers who must rapidly capture large amounts of data. The Sonim RS60 is a fully-rugged, six inch handheld computer and barcode scanner and is purpose-built for efficiency and durability, making it the ideal all-in-one device for use in warehouses, manufacturing, transportation and logistics, as well as field service and public safety. The Sonim RS80 is a fully-rugged, eight inch tablet/barcode scanner that features front and rear facing cameras to provide the convenience of taking photos and video calls while on the job. Both devices are designed to perform, scan and communicate in a variety of work environments and extreme conditions. Key features include: Android 10 operating system. The ability to capture 30 scans per second. High bandwidth 4G LTE connectivity. An industry-leading, comprehensive 2 year warranty. An industry-leading, high-capacity multi-shift battery. Glove-friendly touch screen. Waterproof, dust proof, drop proof and chemical resistant. Can be cleaned and sanitized with bleach, isopropyl alcohol, and other disinfectants as needed to minimize risk of contamination. Supports SonimWare Enterprise Mobility Software, a comprehensive set of software tools, applications and utilities that help improve management and productivity. Anuncio • Oct 29
Sonim Technologies, Inc. to Report Q3, 2020 Results on Nov 11, 2020 Sonim Technologies, Inc. announced that they will report Q3, 2020 results at 9:00 AM, Eastern Standard Time on Nov 11, 2020 Anuncio • Oct 16
Sonim XP8 Ultra-Rugged Smartphone Supported by New Verizon MCPTT Offering Sonim Technologies announced that its XP8 Android ultra-rugged smartphone is among the initial devices that are approved for Verizon's new Push-to-Talk Responder mission-critical, interoperable-ready solution. Verizon Push-to-Talk Responder is built to 3GPP MCPTT standards, complements the capabilities provided by Land Mobile Radio (LMR) networks, and is designed to empower first responders to quickly assess a situation and communicate through text, data and, in the future, live video streaming. The Sonim XP8, which is purpose-built for public safety, includes many features that enhance the PTT experience. Features supported by Push-to-Talk Responder running on XP8 include: Dedicated PTT button – no need to wake the device up or launch the app like consumer smartphones; Red (Emergency) Button – instantly alert dispatch and/or emergency services; Ultra-loud speakers and noise suppression – ensure users can stay in communication in the harshest conditions; Mission-critical accessories – a broad range of industrial accessories, including remote speaker microphones, wireless mics and in-vehicle mounts to address the common needs of first responders. A key feature of Push-to-Talk Responder is the ability to have interoperable voice communications with LMR radios via a solution from Mutualink, a long-time Sonim partner. The Mutualink gateway supports the 3GPP's interworking function (IWF) standard for interoperability. Anuncio • Oct 14
Sonim Technologies Launches Sonim SOS as Part of Its SonimWare Enterprise Mobility Software Sonim Technologies announced the launch of Sonim SOS as part of its SonimWare Enterprise Mobility Software. Compatible with the XP3, XP5s and XP8, Sonim SOS is a powerful app connected to an easy-to-use alarm key that offers an array of customizable safety-first options to keep workers safe and secure. Sonim SOS is designed with the field worker in mind. From first responders to school bus drivers to construction workers and more, the app allows users to easily set up customized groups and phone numbers to notify in case of an emergency. Sonim SOS capabilities allow users to: Automatically place a call to 911 or a pre-set custom emergency phone number. Send repeated text messages to up to five emergency contacts with location and emergency information. Send audible emergency distress alerts with location information to an unlimited number of Sonim SOS users that will sound until reviewed by the recipient. Pre-configure start and end emergency message templates to provide situational context. Set all Sonim SOS settings from the Sonim CLOUD platform. Is New 90 Day High Low • Oct 12
New 90-day low: €0.57 The company is down 17% from its price of €0.69 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.92 per share. Anuncio • Oct 03
Sonim Technologies, Inc. and Capestone Partner to Bring Sonim's Ultra-Rugged Devices to Europe Sonim Technologies announced its partnership with Capestone, a leading distributor of explosion-proof devices based in the Netherlands and Germany. This new partnership will expand the distribution of Sonim's ultra-rugged mobility solutions throughout Europe. Sonim products range from ultra-rugged Android mobile devices and software to industrial grade-accessories that are purpose-built to serve those in industries like transportation and logistics, construction, as well as to serve those in mission critical public safety and military roles. Every Sonim mobile device is built to meet Sonim's Rugged Performance Standards (RPS). The RPS consists of 12 benchmarks of endurance and durability and were created with more than 10 years of feedback from customer usage in the world's most extreme environments. Anuncio • Sep 29
Sonim Technologies, Inc. Announces Board and Committee Changes On September 24, 2020, Mr. Maurice Hochschild and Mr. Jeffrey D. Johnson, who currently serve on the Board of Directors of Sonim Technologies, Inc. (the Company), informed the Company of their intention to step down from the Board of Directors of the Company effective September 27, 2020. Mr. Hochschild and Mr. Johnson served on the Nominating and Corporate Governance Committee of the Board of Directors. Mr. Kenneth Young and Ms. Susan G. Swenson, who currently serve on the Company's Board of Directors, have joined the Nominating and Corporate Governance Committee to replace Mr. Hochschild and Mr. Johnson, respectively. Mr. Young has become the Chairperson of the Nominating and Corporate Governance Committee. Is New 90 Day High Low • Sep 25
New 90-day low: €0.65 The company is down 10.0% from its price of €0.72 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.97 per share. Anuncio • Sep 24
Sonim Technologies Supports goTenna Pro Mesh Networking Radio Devices for Situational Awareness, Off-Grid Connectivity Sonim Technologies™ partnered with goTenna to enhance optimal reliability and connectivity for the Sonim XP8 ultra-rugged smartphone in off-network situations. goTenna's innovative mesh networking protocol is embedded into lightweight, low-cost tactical-grade radio devices and paired with easy-to-use mobile devices and applications enabling mobile, long-range connectivity even without cell, WIFI, or satellite. As more and more first responders and industrial workers use mobile devices in the field, the need to stay connected — especially in demanding and sometimes comms-denied environments — becomes even more critical. Both of goTenna's professional radio device models — goTenna Pro and goTenna Pro X — pair with the Sonim XP8 Android smartphone via Bluetooth LE or USB tether. The Pro X device model specifically offers compatibility with third-party apps, such as the Team Awareness Kit for Android (ATAK or CivTAK) for real-time situational awareness and collaboration. The goTenna radio devices are available as standalone units and as a part of ruggedized Deployment Kits, which store, configure, and charge up to 30 units. Key features of a paired goTenna Pro radio device and Sonim's XP8 handset include: Durable: Sonim's high power 4900mAh battery charges Pro or Pro X devices paired to the handset via USB tether for multiple shifts. Programmable: goTenna's software development kit (SDK) supports custom and third-party applications for low-bandwidth data transmissions. Readily Available: The solution is available via leading Sonim resellers in the U.S. and Canada, and goTenna resellers in over 75 countries. goTenna Pro and Pro X devices meet Sonim's ultra-rugged, IP-68 performance standards, and contain Intrinsically Safe Class I and II, Division 2 Class III, Divisions 1 and 2 certifications. It is a dual band with up to 5W VHF/UHF output and enables mesh networking with a six hop limit per unit. Like Sonim XP8 handsets, goTenna Pro and Pro X devices meet the demands of austere operating environments. Anuncio • Jul 31
Sonim Technologies, Inc. to Report Q2, 2020 Results on Aug 12, 2020 Sonim Technologies, Inc. announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Aug 12, 2020 Anuncio • Jul 05
Sonim Technologies, Inc.(NasdaqGM:SONM) dropped from Russell 2000 Dynamic Index Sonim Technologies, Inc.(NasdaqGM:SONM) dropped from Russell 2000 Dynamic Index