Company: SONM
Filing Date: 2025-09-29
Form Type: S-1
Source: 0001493152-25-016055
Chunk: 45

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: S-1
Chunk 45
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 board of directors. These provisions may have the effect of precluding the conduct of certain business at a meeting if the proper procedures are not followed. These provisions may also discourage or deter a potential acquirer from conducting a solicitation of proxies to elect the acquirer’s own slate of directors or otherwise attempting to obtain control of our company.

No Cumulative Voting

Our Certificate of Incorporation and Bylaws do not permit cumulative voting in the election of directors. Cumulative voting allows a stockholder to vote a portion or all of the stockholder’s shares for one or more candidates for seats on the board of directors. Without cumulative voting, a minority stockholder may not be able to gain as many seats on our board of directors as the stockholder would be able to gain if cumulative voting were permitted. The absence of cumulative voting makes it more difficult for a minority stockholder to gain a seat on our board of directors to influence our board’s decision regarding a takeover or otherwise.

Amendment of Certificate of Incorporation and Bylaws Provisions

The amendment of the above provisions of our Certificate of Incorporation and Bylaws requires approval by holders of at least two-thirds of our outstanding capital stock entitled to vote generally in the election of directors.

| 28 |

Delaware Anti-Takeover Statute

We are subject to the provisions of Section 203 of the DGCL (“Section 203”) regulating corporate takeovers. In general, Section 203 prohibits a publicly held Delaware corporation from engaging, under certain circumstances, in a business combination with an interested stockholder for a period of three years following the date the person became an interested stockholder unless:

| ● | prior                                                                                                                                    
 to the date of the transaction, our board of directors approved either the business combination or the transaction that resulted         
 in the stockholder becoming an interested stockholder;                                                                                   |
| ● | upon                                                                                                                                     
 completion of the transaction that resulted in the stockholder becoming an interested stockholder, the interested stockholder owned      
 at least 85% of the voting stock of the corporation outstanding at the time the transaction commenced, calculated as provided under      
 Section 203; or                                                                                                                          |
| ● | at                                                                                                                                       
 or subsequent to the date of the transaction, the business combination is approved by our board of directors and authorized at an        
 annual or special meeting of stockholders, and not by written consent, by the affirmative vote of at least two-thirds of the outstanding 
 voting stock which is not owned by the interested stockholder.                                                                           |

Generally, a business combination includes a merger