Company: SONM
Filing Date: 2025-07-09
Form Type: S-3
Source: 0001641172-25-018394
Chunk: 14

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-07-09
Form: S-3
Chunk 14
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 we entered
into the Subscription Agreement with the Selling Stockholders, providing for the private placement of (i) the May 2025
Shares and (ii) the Warrants for an aggregate purchase price of $1,375,000 (or $1.25 per share and and the accompanying
one-half of a Warrant). The closing of the private placement occurred contemporaneously with the execution of the Subscription
Agreement.

Warrants

The Warrants have an exercise
price of $1.3864 per share, are immediately exercisable, will expire on May 12, 2030 (five years from the date of issuance),
and are subject to customary adjustments for certain transactions affecting the Company’s capitalization. The Warrants may not
be exercised if the aggregate number of shares of common stock beneficially owned by the Selling Stockholders would exceed the
specified beneficial ownership limitation provided therein (which ranges from 4.99% to 19.99% and may be adjusted upon
advance notice) immediately after exercise thereof.

Registration Rights Agreement

On May 12, 2025, in connection
with the entry into the Subscription Agreement, the Company entered into the Registration Rights Agreement with the Selling Stockholders.
Pursuant to the Registration Rights Agreement, the Company agreed to prepare and file a registration statement (the “Initial Registration Statement”) with the SEC by July 12, 2025 for purposes of registering the Resale Shares (i) issued and
sold pursuant to the Subscription Agreement, (ii) issuable upon exercise of the Warrants, (iii) issuable in connection with any anti-dilution
provisions in the Warrants and (iv) any securities issued or then issuable upon any stock split, dividend or other distribution, recapitalization
or similar event with respect to the foregoing. The Company agreed to use commercially reasonable efforts to cause the Initial Registration
Statement to be declared effective by the SEC by ‎‎November 12, ‎2025.

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<div align='center'>PLAN OF DISTRIBUTION</div>

Resales by Selling Stockholders

We are registering the resale
of the Resale Shares on behalf of the Selling Stockholder pursuant to the terms of the Registration Rights Agreement, which agreement
is incorporated herein by reference. The term “Selling Stockholders” also includes persons who obtain the Resale Shares
from the Selling Stockholders as a gift, on foreclosure of a pledge, in a distribution or dividend of assets by an entity to its