Company: SONM
Filing Date: 2025-12-05
Form Type: DEFM14A
Source: 0001493152-25-026277
Chunk: 7

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-12-05
Form: DEFM14A
Chunk 7
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 |     |   86 |
| Where You Can Find More Information                               |     |   87 |

| Annex 
 A:    | Asset Purchase Agreement                       |     | A-1 |
| Annex 
 B:    | First Amendment to Asset Purchase Agreement    |     | B-1 |
| Annex 
 C:    | Fairness Opinion of Roth Capital Partners, LLC |     | C-1 |
| Annex 
 D:    | Historical Financial Statements                |     | D-1 |

<div align='center'>SUMMARY TERM SHEET</div>

This summary highlights information contained elsewhere in this proxy statement and may not contain all the information that is important to you with respect to the Asset Purchase Agreement, the transactions contemplated by the Asset Purchase Agreement, and the other matters being considered at the Special Meeting to which this proxy statement relates. We urge you to read carefully the remainder of this proxy statement, including the attached annexes, and the other documents to which we have referred you. For additional information on Sonim, see the section titled“Where You Can Find More Information” beginning on page 87. We have included page references in this summary to direct you to a more complete description of the topics presented below.

All references in this proxy statement to:

| ● | “Buyer”                                                                        
 or “Pace Car” refers to Pace Car Acquisition LLC, a Delaware limited liability 
 company;                                                                       |

| ● | “Parent” or “Social Mobile” refers to                                        
 Social Mobile Technology Holdings LLC, a Delaware limited liability company; |

| ● | “Seller Representative”                                                                   
 refers to the representative of the Seller under the Asset Purchase Agreement (currently, 
 Clay Crolius, Chief Financial Officer of the Seller);                                     |

| ● | “we,” the                                                        
 “Company,” the “Seller,” or “Sonim” refer to Sonim Technologies, 
 Inc., a Delaware corporation;                                    |

| ● | the “Asset Sale” refers to the sale of substantially all assets of the                                        
 Company and its subsidiaries related to the Legacy Business, as contemplated by the Asset Purchase Agreement; |

| ● | the “bylaws” refer to the Company’s bylaws; |

| ● | the “Legacy Business”                                                                                
 refers to the business of providing enterprise 5G solutions, including rugged handsets, smartphones, 
 wireless internet devices, software, services, and accessories.                                      |

Virtual-Only Meeting

For purposes of attendance at the Special Meeting,
all references in this proxy statement to “present” or “