Company: SONM
Filing Date: 2025-12-05
Form Type: DEFM14A
Source: 0001493152-25-026277
Chunk: 114

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-12-05
Form: DEFM14A
Chunk 114
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 its representatives of the restrictions imposed by the non-solicitation restrictions
described above.

Furthermore, under the Asset Purchase Agreement,
our board (or any of its committees) may not:

| ● | withdraw, modify or qualify, or publicly propose to                                
 withdraw, modify or qualify, the board recommendation to approve the Asset Sale in 
 this proxy statement;                                                              |

| ● | recommend the approval                                                                    
 or adoption of, or approve or adopt, declare advisable, or publicly propose to recommend, 
 approve, adopt, or declare advisable, any Alternative Transaction;                        |

| ● | publicly take a neutral                                                                   
 position or no position with respect to an Alternative Transaction at any time beyond ten 
 business days after receipt of such Alternative Transaction or any public announcement by 
 the party that made the Alternative Transaction proposal;                                 |

| ● | fail to publicly reaffirm                                                                   
 the board recommendation within five business days of a reasonable written request by Buyer 
 to make such public reaffirmation;                                                          |

| ● | make any public statement                                                                
 that would be inconsistent with our board’s recommendation to approve the Asset Purchase 
 Agreement; or                                                                            |

| ● | fail to include the                                                                             
 board recommendation to approve the Asset Purchase Agreement in this proxy statement (including 
 when filed with the SEC or disseminated to the Company’s stockholders).                         |

Notwithstanding the restrictions described above,
our board may make such disclosures in connection with a competing proposal as the board determines in good faith after consultation
with our outside legal counsel is necessary in order to fulfill the fiduciary duties of the board under applicable law.
However, any disclosure that relates to a competing proposal will be deemed to be a change in recommendation unless the board reaffirms
the board’s recommendation to approve the Asset Sale in such disclosure.

Additionally, the restrictions of a non-solicitation
provision do not extend to any reverse merger transaction that would not affect the Business and would be complementary to and not a
substitute for the transactions contemplated by the Asset Purchase Agreement.

| 78 |

“Alternative Transaction” is defined
as any merger, consolidation, business combination, sale of stock, liquidation, dissolution, reorganization, recapitalization, sale of
assets or any other similar transaction by the Company or any of its Subsidiaries involving, directly or indirectly, all or any part
of the Business or any of the purchased assets (other than sales of inventory in the ordinary course of business consistent with past
practice).

A “Superior Proposal” is defined
as