Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 44

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 44
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 or ultimately
consummated. Even if we are able to identify and negotiate with potential counterparties, any alternative transaction, if completed,
may not occur within the timeframe we expect and may not be on terms favorable to us or our stockholders. In addition, the process of
evaluating or negotiating an alternative transaction may be costly, time-consuming, and disruptive to our business operations. If no
transaction is completed, or if any completed transaction is not on favorable terms, our financial condition and results of operations
could be adversely affected.

| 25 |

The Earn-Out Payment under the Asset Purchase Agreement may never become payable.

The Earn-Out Payment, as defined in and as further
described in the section captioned “Asset Purchase Agreement” on page 70, may not be achieved within
the required time period or at all, and, if it is not achieved within such time period, no Earn-Out Payment will be made pursuant to
the Asset Purchase Agreement.

We may face litigation filed against us over the Asset Purchase Agreement.

Currently, the Company is not aware of any complaints
filed or litigation pending related to the Asset Purchase Agreement. However, litigation is a common occurrence in connection with transactions
similar to the proposed transaction, so we face potential for litigation or other disputes that relate to the Asset Purchase Agreement,
including claims related to our process or disclosures and investigatory demands under Delaware law. We can provide no assurance that
such litigation, disputes, or demands will not arise in the future. Any such litigation, disputes, or demands, whether successful or
not, could delay the closing of the Asset Purchase Agreement or could have a material adverse effect on our business, results of operations,
and financial condition.

The tax treatment of any distributions or other payments may vary from stockholder to stockholder, and the discussions in this proxy statement regarding the tax treatment of the Asset Sale are general in nature.

You should consult your own tax advisor instead
of relying on the discussions of tax treatment in this proxy statement for tax advice.

We have not requested a ruling from the U.S. Internal
Revenue Service with respect to the anticipated tax consequences of the Asset Sale or any matters relating thereto, and we will not seek
an opinion of counsel with respect to the anticipated tax consequences of the Asset Sale. If any of the anticipated tax consequences
described in this proxy statement proves to be incorrect, the result could be increased taxation at the corporate level, thus reducing
the corporate funds available for distributions (including, without limitation, liquid