Company: SONM
Filing Date: 2025-06-20
Form Type: S-1
Source: 0001641172-25-015940
Chunk: 98

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-06-20
Form: S-1
Chunk 98
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 companies;                                                                                                                               |
| ● | persons                                                                                                                                  
 that own, or are deemed to own, more than 5% of our capital stock and pre-funded warrants                                                
 (except to the extent specifically set forth below);                                                                                     |
| ● | entities                                                                                                                                 
 or arrangements treated as partnerships for U.S. federal income tax purposes and other pass-through entities (and partners or other      
 investors therein);                                                                                                                      |
| ● | controlled                                                                                                                               
 foreign corporations, passive foreign investment companies, or corporations that accumulate earnings to avoid U.S. federal income        
 tax;                                                                                                                                     |
| ● | persons                                                                                                                                  
 subject to special tax accounting rules as a result of any item of gross income with respect to our common stock and pre-funded warrants 
 being taken into account in an applicable financial statement;                                                                           |
| ● | persons                                                                                                                                  
 deemed to sell our common stock and pre-funded warrants under the constructive sale provisions of the Code; and                          |
| ● | certain                                                                                                                                  
 U.S. expatriates and certain former citizens or long-term residents of the United States.                                                |

In addition, this discussion does not address the tax treatment of partnerships or other pass-through entities or persons who hold our common stock and pre-funded warrants through partnerships or other entities which are pass-through entities for U.S. federal income tax purposes. A partner in a partnership or other pass-through entity that will hold our common stock and pre-funded warrants should consult his, her or its own tax advisor regarding the tax consequences of the ownership and disposition of our common stock and pre-funded warrants through a partnership or other pass-through entity, as applicable.

This discussion of U.S. federal income tax considerations is for general information purposes only and is not tax advice. Prospective investors should consult their own tax advisors regarding the U.S. federal, state, local and non-U.S. income and other tax considerations of acquiring, holding and disposing of our common stock and pre-funded warrants.

| 68 |

For the purposes of this discussion, a “U.S. Holder” means a beneficial owner of our common stock and pre-funded warrants that is:

(a) an individual who is a citizen or resident of the United States;

(b) a corporation (or other entity taxable as a corporation for U.S. federal income tax purposes), created or organized in or under the laws of the United States, any state thereof or the District of Columbia;

(c) an estate the income of which is subject to U.S. federal income taxation regardless of its source; or

(d) a trust if it (1)