Company: SONM
Filing Date: 2025-09-09
Form Type: PRE 14A
Source: 0001493152-25-012903
Chunk: 33

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-09-09
Form: PRE 14A
Chunk 33
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 of shares of common stock available for grant under other equity incentive plans(1) |     |                      | [25,824]     |   |
| Total number of shares of common stock outstanding                                               |     |                      | [17,781,919] |   |
| Per-share closing price of common stock as reported on Nasdaq Capital Market                     |     | $                    | [0.57]       |   |

| (1) | Represents shares issuable pursuant to our 2019 ESPP. |

| 20 |

The following table provides
detailed information regarding the activity related to our equity incentive plans for fiscal years 2022, 2023, and 2024, which has been
retroactively adjusted to reflect the 1-for-10 reverse stock split that became effective on July 17, 2024.

|                                                                             |     | Fiscal Year 
 2024        |           |   |     | Fiscal Year 
 2023        |           |   |     | Fiscal Year 
 2022        |           |   |
| Total number of shares of common stock subject to stock options granted     |     |             |   259,000 |   |     |             |   180,300 |   |     |             |   482,945 |   |
| Total number of shares of common stock subject to full value awards granted |     |             |    64,178 |   |     |             |    44,522 |   |     |             |    84,107 |   |
| Weighted-average number of shares of common stock outstanding               |     |             | 4,718,141 |   |     |             | 4,278,694 |   |     |             | 3,007,669 |   |
| Burn Rate (1)                                                               |     |             |         7 | % |     |             |         5 | % |     |             |        19 | % |

| (1) | Burn rate is the summation of the total number of stock options                           
 granted and full value awards granted divided by the weighted-average shares outstanding. |

Description of the 2019 Plan

The material features of the 2019 Plan (as proposed to be amended and modified and assuming that the increase of the shares authorized under the 2019 Plan is approved) are outlined below. This summary is qualified in its entirety by reference to the complete text of the 2019 Plan. Stock