Company: SONM
Filing Date: 2025-09-19
Form Type: DEF 14A
Source: 0001493152-25-014244
Chunk: 29

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-09-19
Form: DEF 14A
Chunk 29
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 right to abandon the Authorized Shares Amendment

Our board reserves the right,
notwithstanding stockholder approval and without further action by the stockholders, to elect not to proceed with the Authorized Shares
Amendment if, at any time prior to effectiveness of the Authorized Shares Amendment, the board, in its sole discretion, determines that
it is no longer in the best interests of the Company and its stockholders to proceed with the Authorized Shares Amendment. By voting
in favor of the Authorized Shares Proposal, you are expressly also authorizing the board to delay or abandon the Authorized Shares Amendment.
If our Board does not effect any Authorized Shares Amendment on or prior to the one-year anniversary of the Special Meeting, stockholder
approval would again be required prior to implementing any increase in the shares of our common stock authorized for issuance.

No Appraisal Rights

Our stockholders are not entitled
to appraisal rights under Delaware law or the Certificate of Incorporation with respect to the Authorized Shares Amendment, and we will
not independently provide our stockholders with any such right.

Vote required

Approval of the Authorized Shares
Proposal requires the affirmative vote of holders of a majority of the votes cast affirmatively or negatively (excluding abstentions)
on the proposal at the Special Meeting. Abstentions will have no effect on the proposal. No broker non-votes are expected in connection
with the proposal.

Board recommendation

The board unanimously recommends
a vote FOR the approval of the Authorized Shares Proposal.

| 18 |

<div align='center'>PROPOSAL 3 — INCREASE OF THE SHARES AVAILABLE UNDER
THE SONIM TECHNOLOGIES, INC. 2019 EQUITY INCENTIVE PLAN</div>

General

On September 18, 2025,
our Board approved an amendment to the Sonim Technologies, Inc. 2019 Equity Incentive Plan, as amended (the “EIP” or “2019
Plan”), subject to stockholder approval, and accordingly, the Board directed that such amendment be submitted to the stockholders
for approval at the Special Meeting. The amendment would increase the number of authorized shares of our common stock available for issuance
under the 2019 Plan as of the record date by 1,000,000 shares: from 1,874,054 shares to 2,874,054 shares. No other changes are being
made to the 2019 Plan. The proposed 2019 Plan, as amended and restated assuming this proposal is approved by our stockholders, is included
as Annex C