Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 30

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 30
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’s operations or liquidate the Company if the Asset Sale Approval is not obtained. Instead, the Company will proceed with
operating its Legacy Business and currently intends to pursue an alternative transaction, the terms and timing of which are not presently
known. Additionally, either the Company or the Buyer can terminate the Asset Purchase Agreement. If the Asset Purchase Agreement
is terminated and the Asset Sale has not occurred, then our board intends to evaluate alternatives in connection with the Legacy Business
and its long-term viability.

How will the Company use the Post-Closing Cash available to it after the Asset Sale closes?

The Company, and not its stockholders, will receive
the proceeds from the Asset Sale. If the Asset Sale closes, the Company will exit the operation of its Legacy Business and other historical
operations. However, the Company does not intend to liquidate following the closing of the Asset Sale and currently intends to pursue
an alternative transaction, the terms and timing of which are not presently known.

The Company’s post-closing board of
directors will conduct an extensive review of available opportunities for the Company’s use of the Post-Closing Cash. Those
alternatives are currently expected to include using the Post-Closing Cash to fund general corporate purposes. However, there can be
no guarantee that the board’s determination in connection with the use of the Post-Closing Cash will align with the currently
disclosed expectations. Our board will conduct a careful process, and there is no set timeframe for completing the exploration of
alternatives. Please carefully review the risk factor titled “Our stockholders may not receive any of the proceeds of the Asset Sale.”

What are the U.S. federal income tax consequences of the Asset Sale to U.S. Stockholders?

The Asset Sale is a corporate action. Our stockholders
will not realize any gain or loss for U.S. federal income tax purposes as a result of the Asset Sale. See “Proposal 1: Asset Sale Proposal — Material U.S. Federal Income Tax Consequences” beginning on page 69.

What should I do if I have questions regarding the Special Meeting?

If you have any questions concerning the Asset
Purchase Agreement, the Asset Sale, the Special Meeting, or this proxy statement, would like additional copies of this proxy statement,
or need help voting your shares of common stock, please contact our proxy solicitor:

<div align='center'>430 Park Avenue, 14th Floor

New York, New York 10022

Stockholders Call Toll-Free in North America:
(800)