Company: SONM
Filing Date: 2025-09-19
Form Type: DEF 14A
Source: 0001493152-25-014244
Chunk: 23

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-09-19
Form: DEF 14A
Chunk 23
---
 as tax or legal advice. Each stockholder should seek advice based on the stockholder’s particular circumstances from an independent tax advisor.

Each stockholder should consult his, her or its own tax advisors concerning the particular U.S. Federal tax consequences of the proposed Reverse Stock Split, as well as the consequences arising under the laws of any other taxing jurisdiction, including any state, local or foreign tax consequence as it relates to the ownership, purchase, or disposition of common stock.

For purposes of this discussion, the term “U.S. holder” means a beneficial owner of our common stock that for U.S. Federal income tax purposes, is or is treated as:

| ● | an                                                                                             
 individual citizen or resident of the U.S.;                                                    |
| ● | a                                                                                              
 corporation (or other entity treated as a corporation for U.S. Federal income tax purposes)    
 organized under the laws of the United States, any state thereof, or the District of Columbia; |
| ● | an                                                                                             
 estate with income subject to U.S. Federal income tax regardless of its source; or             |
| ● | a                                                                                              
 trust that (a) is subject to the primary supervision of a court within the United States       
 and all of its substantial decisions are subject to the control of one or more “United         
 States persons” (within the meaning of Section 7701(a)(30) of the Code), or (b) has            
 a valid election in effect under applicable Treasury Regulations to be treated as a            
 U.S. person.                                                                                   |

This discussion is limited to U.S. holders who hold our common stock as a “capital asset” within the meaning of Section 1221 of the Code (generally, property held for investment). This discussion does not address all of the tax consequences that may be relevant to a particular stockholder or to stockholders that are subject to special treatment under U.S. Federal income tax laws including, but not limited to, banks, financial institutions, tax-exempt organizations, insurance companies, regulated investment companies, real estate investment trusts, entities such as partnerships or S corporations that are treated as “flow-through” entities, persons that are broker-dealers, traders in securities who elect the mark-to-market method of accounting for their securities, persons holding their shares of our common stock as part of a “straddle,” “hedging transaction,” “conversion transaction,” or other integrated transaction, U.S. expatriates, persons subject to the alternative minimum tax, persons whose shares constitute “qualified small business stock”