Company: SONM
Filing Date: 2025-06-25
Form Type: DEFA14A
Source: 0001641172-25-016376
Chunk: 6

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-06-25
Form: DEFA14A
Chunk 6
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 at $17.5 million in the combined company.                                                      |
| ● | The                                                                                                                                    
 HPC A.I. factory Target would be valued at approximately $300 million, with the valuation expected to be supported by a fairness       
 opinion from an independent third party.                                                                                               |
| ● | Following                                                                                                                              
 the closing, the combined company is expected to adopt a new corporate name and ticker symbol while maintaining its listing on Nasdaq. |

Sonim believes that, when combined with the previously announced sale of substantially all of its operating assets for $15 million (plus an additional earn-out of $5 million), the proposed RTO transaction will maximize stockholder value and provide a compelling path forward for the Sonim’s strategic evolution.

The Target is poised for significant growth by focusing on High-Performance Computing as a Service (HPCaaS). By leveraging their owned data centers, they aim to accelerate expansion, lower operational risks, and tap into the high-margin, fast-growing AI factory market. With plans to activate thousands of GPUs in 2025, they’re positioning themselves to meet surging demand for the utility of the future, “Intelligence as a Service.”

The global demand for AI-ready high-performance computing factory capacity is projected to grow at an average annual rate of 33% through 2030, with AI workloads driving up to 70% of total demand 1. AI infrastructure spending is expected to exceed $200 billion by 2028, underscoring the transformative potential of this market 2. To meet this surging demand, leading data center players are preparing to invest $1.8 trillion from 2024 to 2030, driven by traditional enterprise workloads (55% of demand in 2028) and the explosive growth of GenAI, which will account for 60% of total demand growth during this period 3. In the U.S., initiatives such as Executive Order 14141 and a $500 billion private joint venture aim to bolster domestic AI infrastructure, with Congress emphasizing AI infrastructure as a strategic national asset 4.

“This transaction positions Sonim stockholders to benefit from the tremendous growth of the AI revolution and represents a transformational step for Sonim and its stockholders,” said Mike Mulica, Chair of the Special Committee for Sonim. “The RTO structure allows us to align with a forward-thinking partner in the AI and digital transformation space, leveraging their expertise to create a market-leading, technology-driven enterprise. At the same time, the CVR ensures our stockholders benefit from the