Company: SONM
Filing Date: 2025-07-09
Form Type: S-3
Source: 0001641172-25-018394
Chunk: 3

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-07-09
Form: S-3
Chunk 3
---
 the entirety of the Warrants and disregarding the beneficial ownership limitation of the Selling Stockholders described in this prospectus) represent approximately 9% of the outstanding shares of our common stock as of July 7, 2025, and approximately 10% of our public float. Given the substantial number of shares of our common stock being registered for potential resale by the Selling Stockholders pursuant to this prospectus and prospectuses filed as a part of registration statements dated December 1, 2023 and September 16, 2024 in connection with a resale of our common stock by certain selling stockholders, the sale of shares of our common stock, or the perception in the market that holders of a large number of shares intend to sell shares, could increase the volatility of the market price of our common stock or result in a significant decline in the public trading price of our common stock. These sales, or the possibility that these sales may occur, also might make it more difficult for us to sell equity securities in the future at a time and at a price that we deem appropriate. For more information, see the risk factor titled “ Sales of our common stock under resale registration statements or the perception of such sales in the public market or otherwise could cause the market price for our common stock to decline, even if our business is doing well” on page 30 of our Annual Report on Form 10-K filed with the SEC on March 31, 2025.

The Selling Stockholders
identified in this prospectus may offer the Resale Shares from time to time through public or private transactions at fixed prices, at
prevailing market prices at the time of sale, at prices related to the prevailing market price, at varying prices determined at the time
of sale, or at negotiated prices. The registration of the Resale Shares on behalf of the Selling Stockholders, however, does not
necessarily mean that the Selling Stockholders will offer or sell the Resale Shares under this registration statement at any time
in the near future or at all. We cannot predict when, or in what amounts, the Selling Stockholders may sell any of the Resale
Shares. The timing and amount of any sale of the Resale Shares are within the sole discretion of the Selling Stockholders.
We will pay all expenses of registering the Resale Shares, including legal and accounting fees. All selling and other expenses incurred
by the Selling Stockholders will be borne by the Selling Stockholders. For additional information on the possible methods
of sale that may be