Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 107

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 107
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 Company or any liability for any outstanding                                 
 checks or other items which are paid against the bank accounts of the Company or its affiliates; |

| ● | any excluded asset; |

| ● | any breach or default of contract or warranty, tort, infringement                           
 (including infringement by the Company or any of its affiliates of third-party intellectual 
 property rights), violation of laws and regulations, or other liability arising under any   
 law where the facts, events, or conditions underlying such liability first occurred prior   
 to the Closing;                                                                             |

| ● | any breach or alleged breach by the Company or any of its affiliates 
 of any contract taking place prior to Closing;                       |

| ● | liabilities arising out of or related to the employment or termination 
 of service of any employee of the Company;                             |

| 73 |

| ● | liabilities under any employee benefit plan or a similar arrangement; |

| ● | any costs or expenses incurred by the Company in connection with                           
 the negotiation, preparation, and performance of the Asset Purchase Agreement, the related 
 documents, and the Asset Sale;                                                             |

| ● | any liability owing to any of the affiliates of the Company or                                    
 the Company Representative, (as defined in the Asset Purchase Agreement), including any liability 
 for guaranteed payments or distributions to any equityholder or former equityholder of the        
 Company and certain losses of the Company Representative;                                         |

| ● | any failure to comply with applicable bulk sales laws,                  
 any “de facto merger” or “successor-in-interest” theories of liability, 
 or fraudulent transfer or conveyance law;                               |

| ● | any actions to which Seller or its Affiliates is or has been                                  
 a party or any liabilities resulting from the resolution or settlement of any action or order 
 to which the Company or its affiliates is a party or otherwise subject;                       |

| ● | liabilities under any contract that is not assumed under the 
 Asset Purchase Agreement; or                                 |

| ● | liabilities of, relating to, or arising out of Sonim India or                                      
 any of its operations, contracts, employees, properties, tax obligations, or actions, whether      
 arising prior to, at, or after the Closing, including any claims under Indian laws or regulations. |

We anticipate that our expenses relating to the
Asset Sale following the closing of the Asset Sale will be approximately $1.3 million, which includes financial advisory fees
and legal fees, and other fees and expenses.

Consideration

General

As consideration for the Asset Sale, the Buyer
will