Company: SONM
Filing Date: 2025-12-05
Form Type: DEFM14A
Source: 0001493152-25-026277
Chunk: 36

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-12-05
Form: DEFM14A
Chunk 36
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 | $                                  |  39,508 |   |     |       |     | $         |   5,860 |   |
| Net income (loss) per share (*):                                           |     |            |         |   |     |                                    |         |   |     |       |     |           |         |   |
| Basic                                                                      |     | $          | (128.37 | ) |     |                                    |         |   |     |       |     | $         |   22.36 |   |
| Diluted                                                                    |     | $          | (128.37 | ) |     |                                    |         |   |     |       |     | $         |   22.28 |   |
| Weighted-average shares used in computing net income (loss) per share (*): |     |            |         |   |     |                                    |         |   |     |       |     |           |         |   |
| Basic                                                                      |     |            | 262,118 |   |     |                                    |       — |   |     |       |     |           | 262,118 |   |
| Diluted                                                                    |     |            | 262,118 |   |     |                                    |     940 |   |     | -K    |     |           | 263,058 |   |

<div align='center'>See accompanying notes to unaudited pro forma condensed consolidated financial information.</div>

| 20 |

<div align='center'>SONIM TECHNOLOGIES INC.

NOTES TO UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL INFORMATION

(In Thousands, except Share and Per Share Amounts)</div>

1. Background and Description of the Proposed Asset Sale

On July 17, 2025, the Company entered into the Asset Purchase Agreement by and among the Company, the Buyer, the Seller Representative named in the Asset Purchase Agreement, and the Parent, solely for the purpose of guaranteeing complete payment and performance obligations of the Buyer contained in the Asset Purchase Agreement.

Pursuant to the Purchase Agreement, the Buyer agreed to acquire substantially all assets of the Company and its subsidiaries related to the Company’s enterprise 5G solutions business, including rugged handsets, smartphones, wireless internet devices, software, services, and accessories (collectively, the “Business”) for a purchase price of $15,000 in cash, subject to (i) customary working capital, indebtedness and transaction expense adjustments (re