Company: SONM
Filing Date: 2025-09-29
Form Type: S-1
Source: 0001493152-25-016055
Chunk: 3

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: S-1
Chunk 3
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 “blue sky” laws. The timing and amount of any sales of the shares of our Common Stock purchased by Chardan are within the sole discretion of Chardan. Chardan is an underwriter under the Securities Act of 1933, as amended (the “Securities Act”), and any profit on the sale of shares of our Common Stock by Chardan and any discounts, commissions or concessions received by it may be deemed to be underwriting discounts and commissions under the Securities Act. Although Chardan is obligated to purchase shares of our Common Stock under the terms and subject to the conditions and limitations of the Purchase Agreement to the extent we choose to sell such shares of our Common Stock to it (subject to certain conditions), there can be no assurances that we will choose to sell any shares of our Common Stock to Chardan or that Chardan will sell any or all of the shares of our Common Stock, if any, purchased under the Purchase Agreement pursuant to this prospectus. Chardan will bear all commissions and discounts, if any, attributable to its sale of shares of our Common Stock. See “ Plan of Distribution (Conflicts of Interest).”

You should read this prospectus and any prospectus supplement or amendment, together with additional information described under the headings “ Incorporation of Certain Information by Reference” and “ Where You Can Find Additional Information” carefully before you invest in our securities.

We have received deficiency letters from Nasdaq
that we are not in compliance with Nasdaq’s minimum bid price requirement of at least $1.00 per share and the requirement to maintain
a minimum of $2,500,000 in stockholders’ equity for continued listing. To maintain listing on Nasdaq, we must demonstrate compliance
with the Nasdaq minimum bid price requirement on or before February 9, 2026, and demonstrate compliance or a plan to regain compliance
with the minimum stockholders’ equity requirement or to submit a plan to regain compliance on or before October 6, 2025, in each
case, subject to an additional 180 calendar day period to regain compliance that may be granted by Nasdaq, or our common stock will become
subject to delisting.

Our Common Stock is listed on the Nasdaq Capital Market
(“Nasdaq”) under the symbol “SONM.” On September 26, 2025, the last quoted sale price for the shares of
our Common Stock as reported on Nasdaq was $0.6277 per share.

We are a “