Company: SONM
Filing Date: 2025-12-05
Form Type: DEFM14A
Source: 0001493152-25-026277
Chunk: 31

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-12-05
Form: DEFM14A
Chunk 31
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 not occurred, then our board intends to evaluate alternatives in connection with the Legacy Business and its long-term viability.

How will the Company use the Post-Closing Cash available to it after the Asset Sale closes?

The Company, and not its stockholders, will receive
the proceeds from the Asset Sale. If the Asset Sale closes, the Company will exit the operation of its Legacy Business and other historical
operations. However, the Company does not intend to liquidate following the closing of the Asset Sale and currently intends to pursue
a strategic transaction, the terms and timing of which are not presently known. However, there can be no assurance that any
such transaction will be pursued, agreed upon, or ultimately consummated.

The Company’s post-closing board of directors
will conduct an extensive review of available opportunities for the Company’s use of the Post-Closing Cash. Those alternatives
are currently expected to include using the Post-Closing Cash to fund general corporate purposes and to pursue a strategic transaction,
the terms and timing of which are not presently known. However, there can be no guarantee that the board’s determination in
connection with the use of the Post-Closing Cash will align with the currently disclosed expectations. Our board will conduct a careful
process, and there is no set timeframe for completing the exploration of alternatives. Please carefully review the risk factor titled
“Our stockholders may not receive any of the proceeds of the Asset Sale.”

What are the U.S. federal income tax consequences of the Asset Sale to U.S. Stockholders?

The Asset Sale is a corporate action. Our stockholders
will not realize any gain or loss for U.S. federal income tax purposes as a result of the Asset Sale. See “Proposal 1: Asset Sale Proposal — Material U.S. Federal Income Tax Consequences” beginning on page 69.

What should I do if I have questions regarding the Special Meeting?

If you have any questions concerning the Asset
Purchase Agreement, the Asset Sale, the Special Meeting, or this proxy statement, would like additional copies of this proxy statement,
or need help voting your shares of common stock, please contact our proxy solicitor:

<div align='center'>430 Park Avenue, 14th Floor

New York, New York 10022

Stockholders Call Toll-Free in North America:
(800) 662-5200

Outside of North America Call Collect: (203) 658-94000

E-mail: SONM@investor.sodali.com</div>

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