Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 117

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 117
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,                        
 all agreements or covenants required to be performed by it under the Asset Purchase Agreement 
 and the other related documents to which the Buyer is a party;                                |

| ● | 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 action have been taken or threatened, and no law or order 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 |

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

Termination of the Asset Purchase Agreement

The Asset Purchase Agreement may be terminated
prior to the effective time by the mutual written agreement of us and the Buyer.

The Asset Purchase Agreement may be terminated
by either us or the Buyer if:

| ● | the closing of the Asset Sale has not yet occurred by January‎                             
 ‎13‎, ‎2026 (as defined above, the “outside date”) and the party                           
 seeking to terminate the Asset Purchase Agreement has not breached any representation or   
 warranty or failed to fulfill any covenant or agreement under the Asset Purchase Agreement 
 that has resulted in the failure of the closing of the Asset                               
 Sale to occur on or before the outside date;                                               |

| ● | an order is adopted by any governmental entity with jurisdiction                              
 over any party that permanently makes the consummation of the Asset Sale illegal or otherwise 
 permanently prohibits the Asset Sale; or                                                      |

| ● | the Asset Sale Proposal is not approved by the Company’s stockholders. |

The Asset Purchase Agreement may be terminated
by the Buyer if:

| ● | the Company has breached any of its representations, warranties,                            
 covenants or other agreements contained in the Asset Purchase Agreement, which would result 
 in a failure to satisfy certain conditions to the consummation of the Asset Sale that are   
 dependent on the Company’s compliance with certain terms of the Asset Purchase Agreement,   
 but