Company: SONM
Filing Date: 2025-12-05
Form Type: DEFM14A
Source: 0001493152-25-026277
Chunk: 117

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-12-05
Form: DEFM14A
Chunk 117
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 individually or in the aggregate, have   
 a Seller Material Adverse Effect (as defined in the Asset Purchase Agreement) on us          
 (without giving effect to any “materiality” or “material adverse effect”                     
 qualifications contained in such representations and warranties);                            |

| ● | us having performed                                                                              
 or complied with, in all material respects, all agreements or covenants required to be performed 
 by it under the Asset Purchase Agreement and the other related documents to which we are         
 a party;                                                                                         |

| ● | there having been no Seller Material Adverse Effect to the 
 business since execution of the Asset Purchase Agreement;  |

| ● | no legal proceedings                                                                        
 were instituted or threatened seeking to restrain, enjoin, or prohibit, and there shall not 
 be in effect any order restraining, enjoining, or otherwise prohibiting the consummation    
 of the transactions contemplated under the Asset Purchase Agreement;                        |

| ● | no                                                                                               
 actions have been taken or threatened, and no laws or orders have been                           
 enacted, promulgated or issued or deemed applicable to the transactions contemplated by the      
 Asset Purchase Agreement and the other ancillary agreements by any government entity that        
 would (i) make the consummation of the transactions contemplated by the Asset Purchase Agreement 
 illegal or substantially delay the Asset Sale or (ii) render any party unable to consummate      
 the Asset Sale;                                                                                  |

| ● | the Asset Sale Proposal              
 is approved by our stockholders; and |

| ● | us having delivered                                                                              
 duly executed copies of various consents, certificates, agreements, and other documents relating 
 to the Asset Sale.                                                                               |

Conditions to the Obligation of the Company

Our obligation to consummate the Asset Sale is
subject to the satisfaction or waiver of the following conditions at Closing:

| ● | the “fundamental                                                                               
 representations” of the Buyer being true and correct in all respects as of the date of         
 the Asset Purchase Agreement and as of closing as though made at closing, except to the extent 
 such representations and warranties expressly relate to an earlier date (in which case, such   
 representations and warranties shall be true and correct in all material respects as of such   
 earlier date);                                                                                 |
| ● | the other representations and warranties of the Buyer that                                     
 are qualified as to materiality being true and correct in all respects and the representations 
 and warranties of the Buyer not so qualified being true and correct in all material respects,  
 in each case, as of the date of the Asset Purchase Agreement and