Company: SONM
Filing Date: 2025-11-12
Form Type: 424B3
Source: 0001493152-25-021905
Chunk: 19

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-12
Form: 424B3
Chunk 19
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 limitations that will apply to any Intraday VWAP Purchase effected on the same Purchase Date will be the same as those applicable to any earlier regular VWAP Purchase (as applicable) effected on the same Purchase Date as such Intraday VWAP Purchase, and the per share purchase price for the shares of Common Stock that we elect to sell to Chardan in any Intraday VWAP Purchase effected on the same Purchase Date as an earlier regular VWAP Purchase (as applicable) and/or earlier Intraday VWAP Purchase effected on such Purchase Date will be calculated in the same manner as in the case of such earlier regular VWAP Purchase (as applicable) effected on the same Purchase Date as such subsequent Intraday VWAP Purchase, with the exception that the Intraday VWAP Purchase Period for each subsequent Intraday VWAP Purchase will begin and end at different times (and may vary in duration) during the regular trading session on such Purchase Date, in each case as determined in accordance with the Purchase Agreement.

The maximum number of shares of Common Stock that Chardan is required to purchase on any one trading day pursuant to a VWAP Purchase Notice and an Intraday VWAP Purchase, under the Purchase Agreement, is equal to the least of:

| ● | a                                                                                                                                
 number of shares of Common Stock which, when aggregated with all other shares of Common Stock then beneficially owned by Chardan 
 and its affiliates (as calculated pursuant to Section 13(d) of the Exchange Act and Rule 13d-3 promulgated thereunder),          
 would result in the beneficial ownership by Chardan of more than the Beneficial Ownership Limitation; and                        |

| ● | a                                                                                                                                
 number of shares of Common Stock which would result in the total aggregate VWAP Purchase Price to be paid by Chardan in any VWAP 
 Purchase, together with, if applicable, any Intraday VWAP Purchase, made on one Purchase Date, to exceed $1,000,000; and         |

| ● | a                                                                                                                                  
 number of shares of Common Stock equal to (a) the VWAP Purchase Share Percentage (as defined in the Purchase Agreement) multiplied 
 by (b) the total number (or volume) of shares of Common Stock traded on the Principal Market (or successor Principal Market)       
 during the applicable VWAP Purchase Period or Intraday VWAP Purchase Period on the applicable VWAP Purchase Date for such          
 VWAP Purchase or Intraday VWAP Purchase; and                                                                                       |

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