Company: SONM
Filing Date: 2025-12-05
Form Type: DEFM14A
Source: 0001493152-25-026277
Chunk: 23

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-12-05
Form: DEFM14A
Chunk 23
---
 |     | FOR            |     |             84 |

Will any other business be conducted at the Special Meeting?

No. Pursuant to our bylaws, any business transacted
at any Special Meeting of stockholders is limited to the matters stated in the notice of the meeting.

What is the Asset Sale Proposal?

The Asset Sale Proposal is a proposal to sell
substantially all of our assets related to the Legacy Business to the Buyer pursuant to the terms, and subject to the conditions of,
the Asset Purchase Agreement.

If the Asset Sale Proposal is approved, when will the Asset Sale close?

We expect to complete the Asset Sale in the first
quarter of 2026. Obtaining approval of the Asset Sale Proposal, however, is the primary condition to closing. Therefore, we expect
to complete the Asset Sale promptly following the Special Meeting if the Asset Sale Proposal is approved by our stockholders. The various
other conditions to closing must also be satisfied or waived, but we expect each of those conditions to be obtained within a short period
of time after the Special Meeting. For more information, see “Asset Purchase Agreement — Closing Conditions”
beginning on page 80.

| 11 |

Is the Asset Sale subject to the fulfillment of certain conditions?

Yes. The completion of the Asset Sale is dependent
upon the satisfaction of a number of conditions. If these conditions are not satisfied or waived, the Asset Sale will not be completed.
For more information, see “Asset Purchase Agreement — Closing Conditions” beginning on page 80.

What is the Advisory Compensation Proposal?

The Advisory Compensation Proposal is a proposal
to approve, on an advisory, non-binding basis, certain compensation that has, will, or may be paid or become payable to our named executive
officers in connection with the Asset Sale.

What is the Adjournment Proposal?

The Adjournment Proposal is a proposal to approve
one or more adjournments of the Special Meeting, if necessary or appropriate, from time to time, to a later date or dates, even if a
quorum is present, to solicit additional proxies if there are not sufficient votes at the time of the Special Meeting to approve the
Asset Sale Proposal.

Why are holders of shares of our common stock being asked to cast an advisory (non-binding) vote to approve the compensation that has, will, or may be paid or become payable to our named executive officers in connection with the Asset Sale?

Section 14A of the Securities Exchange Act of
1934, as amended (the