Company: SONM
Filing Date: 2025-04-18
Form Type: DRS
Source: 0001641172-25-005421
Chunk: 57

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-04-18
Form: DRS
Chunk 57
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 cash and cash equivalents, additional  
 paid-in capital, total stockholders’ equity, and total capitalization by $[          ]                                                   
 million, assuming that the assumed public offering price remains the same, assuming no sale of any pre-funded warrants, and after        
 deducting estimated placement agent fees and estimated offering expenses payable by us. The information discussed above is illustrative  
 only and will be adjusted based on the actual public offering price and other terms of this offering as determined between us, the       
 placement agent, and the investors at pricing.                                                                                           |

The following table sets forth our cash and
cash equivalents and capitalization as of December 31, 2024:

| ● | on an actual basis; |

The number of shares of our common stock to
be outstanding after this offering is based on 4,983,868 shares of our common stock outstanding as of December 31, 2024 and excludes:

| ● | 350,000 shares of common stock issuable upon                                
 the exercise of outstanding warrants;                                       |
| ● | 755,494 shares of common stock issuable upon                                
 the exercise of outstanding options;                                        |
| ● | 67,962 shares of common stock issuable upon                                 
 the vesting of outstanding restricted stock units issued under the EIP; and |
| ● | 404,047 shares of common stock that remain                                  
 available for future equity grants under the EIP.                           |

| 35 |

<div align='center'>Market Information For Common Stock</div>

Market Information

Our common stock is currently listed on Nasdaq under the symbol “SONM”.

As of April 16, 2025 the Company had 8,460,426 shares of common stock outstanding held of record by 81 holders.

Dividend Policy

We have not paid any cash dividends on its common stock to date. The payment of cash dividends in the future will be dependent upon the Company’s revenues and earnings, if any, capital requirements and general financial condition, as well as the applicable provisions of the certificate of incorporation, the amended and restated bylaws of the Company, and applicable law. The payment of any cash dividends will be within the discretion of the Company’s board of directors at such time. The Company’s ability to declare dividends will also be limited by restrictive covenants pursuant to any debt financing agreements. In addition, the Company’s board of directors is not currently contemplating and does not anticipate declaring any stock dividends in the foreseeable future.

| 36 |

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