Company: SONM
Filing Date: 2025-09-09
Form Type: PRE 14A
Source: 0001493152-25-012903
Chunk: 27

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-09-09
Form: PRE 14A
Chunk 27
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     | As of the   
 record date |              |     | Upon Effectiveness 
 of Authorized      
 Shares Amendment   |               |
| Authorized shares of common stock                                      |     |             |  100,000,000 |     |                    | 1,000,000,000 |
| Authorized shares of preferred stock                                   |     |             |    5,000,000 |     |                    |     5,000,000 |
| Outstanding shares of common stock                                     |     |             | [17,781,919] |     |                    |  [17,781,919] |
| Shares of common stock reserved for issuance under equity compensation 
 plans                                                                  |     |             |    [702,736] |     |                    |     [702,736] |
| Shares of common stock subject to outstanding warrants                 |     |             |  [1,133,625] |     |                    |   [1,133,625] |
| Shares of common stock available for issuance                          |     |             | [80,381,720] |     |                    | [980,381,720] |

| 16 |

Rationale for the Authorized Shares Amendment

Over the past several years,
we have used shares of our common stock, among other things, to engage in financings, incentivize and compensate employees and other
service providers, to engage in a transaction that involved a change of control and transformed our business, and for other general corporate
purposes. Our board believes that it is in the best interests of our company to increase the number of authorized shares of common stock
in order to give us greater flexibility in considering and planning for potential business needs, including recently announced strategic
initiatives in connection with the continuation of our business.

The increase in the number of
authorized but unissued shares of common stock would enable us, without the expense and delay of seeking stockholder approval, to issue
shares from time to time as may be required for proper business purposes.

We anticipate that we may issue
additional shares of common stock in the future in connection with one or more of the following:

| (1) | financing                                                                                    
 transactions, such as public or private offerings of common stock or convertible securities; |
| (2) | strategic                                                                                    
 investments and transactions;                                                                |
| (3) | grants                                                                                       
 under our equity incentive plans; and                                                        |
| (4) | other                                                                                        
 corporate purposes that have not yet been identified.                                        |

As previously announced,