Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 87

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 87
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 the business, operations, financial condition, and prospects of Sonim and    
 reviewed the financial terms and the form of consideration offered;                           |
| ● | reviewed                                                                                      
 certain internal financial statements and other financial and operating data concerning Sonim 
 prepared by the management of Sonim (the “Financial Projections”);                            |
| ● | reviewed                                                                                      
 certain financial projections concerning Sonim prepared by the management of Sonim;           |
| ● | reviewed                                                                                      
 the financial terms, to the extent publicly available, of certain acquisition transactions    
 we deemed comparable with the transaction and compared such financial terms with those of     
 the transaction;                                                                              |
| ● | participated                                                                                  
 in certain discussions with representatives of the Special Committee and its legal advisors;  |
| ● | reviewed                                                                                      
 the Asset Purchase Agreement; and                                                             |
| ● | performed                                                                                     
 such other analyses, reviewed such other information, and considered such other factors as    
 we have deemed appropriate.                                                                   |

For purposes of rendering its opinion, Roth Capital assumed and relied upon, without independent verification, the accuracy and completeness of the information that was publicly available or supplied or otherwise made available to Roth Capital by Sonim, which formed a substantial basis for its opinion, and further relied upon the assurances of the management of Sonim that such information does not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements contained therein not misleading in any material respect.

With respect to the Financial Projections, Roth Capital has been advised by the management of Sonim, and assumed, that they have been reasonably prepared on bases reflecting the best currently available estimates and judgments of the management of Sonim of the future financial performance of Sonim, and the opinion expresses no view as to the assumptions on which they are based.

In rendering its opinion, Roth Capital assumed that (i) the transaction will be consummated substantially in accordance with its terms and in compliance with the applicable provisions of the Securities Act, the Exchange Act, and all applicable federal, state and local statutes, rules, and regulations promulgated thereunder and the rules and regulations of the Nasdaq, and any other applicable exchanges, (ii) the representations and warranties of each party in the Asset Purchase Agreement are true and correct, (iii) each party to the Asset Purchase Agreement will perform on a timely basis all covenants and agreements required to be performed by it under the Asset Purchase Agreement and (iv) all conditions to the consummation of the Asset Purchase Agreement will