Company: SONM
Filing Date: 2025-07-01
Form Type: 424B4
Source: 0001641172-25-017383
Chunk: 5

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-07-01
Form: 424B4
Chunk 5
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 | 45 | % |
| Feature Phones                       |     |      | 29 | %    |     |      | 35 | % |
| White Label Products (Related Party) |     |      |  — |      |     |      | 13 | % |
| Connected Solutions                  |     |      |  4 | %    |     |      |  6 | % |
| Other                                |     |      |  1 | %    |     |      |  1 | % |

| (1) | 30%                                                                                                                              
 of this revenue is related to the expiration of customer allowance agreements as three of our legacy phones approach end-of-life |

In alignment with Sonim Technologies’ commitment to quality, reliability, and regulatory compliance, we have prioritized our Trade Agreements Act (“TAA”) initiatives. TAA compliance is crucial in enhancing our market strategy, particularly in expanding opportunities within government and enterprise markets, which demand stringent adherence to regulatory standards. By ensuring our products meet TAA requirements, we reinforce our position as a trusted provider of enterprise 5G solutions. This initiative underscores our dedication to delivering products that not only meet industry-leading standards but also comply with U.S. federal procurement regulations, thereby enhancing our competitiveness in securing government contracts. Looking ahead, Sonim is focused on bringing our new products and solutions offering to our expanded portfolio throughout 2025. Recent Developments Letter of Intent with Social Mobile and Reverse Acquisition Strategy The Special Committee of our Board of Directors, in consultation with its legal and financial advisors, is overseeing the process to identify and evaluate potential strategic alternatives with the goal of maximizing stockholder value. Given that this process is occurring in parallel with a proxy contest, and in order to ensure that material information is not withheld from stockholders, the Special Committee has provided and expects to continue providing significant updates regarding the strategic alternatives process. To date, Sonim has announced that it has entered into a non-binding letter of intent with Social Mobile and is working toward a definitive agreement. In addition, Sonim has disclosed that the Special Committee has determined it is optimal to concurrently pursue a reverse takeover transaction, seeking to preserve Sonim’s public listing and to secure an additional $15 million value for Sonim’s stockholders as well as a prospect to invest in a promising enterprise. While the Special Committee is confident in the merits of this strategy and believes it is based on thorough analysis, we stress that there can be no assurance that Sonim will enter into a definitive agreement with any counter