Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 112

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 112
---
 the clearance of this proxy statement by the SEC. Unless there has been a change
in recommendation (as defined below) by our board, we must use reasonable best efforts to solicit proxies from our stockholders in favor
of the Asset Sale Proposal.

| 77 |

No Solicitation

We have agreed that we will not, and will cause
our subsidiaries and will cause our and their respective representatives not to, directly or indirectly:

| ● | solicit, initiate, knowingly                                                                 
 encourage, or knowingly induce, encourage, facilitate or assist, entertain any inquiries     
 or proposals from, discuss or negotiate with, provide any non-public information to, any     
 other person (other than Buyer or its representatives) regarding any Alternative Transaction 
 (as defined below) or any proposal or offer that would reasonably be expected to constitute  
 or lead to an Alternative Transaction;                                                       |

| ● | engage in, participate                                                                        
 in, or otherwise continue any discussions or negotiations regarding, or furnish to any person 
 any non-public information with respect to, or take any other action to facilitate the making 
 of, any proposal or offer that constitutes, or would reasonably be expected to lead to, any   
 Alternative Transaction; or                                                                   |

| ● | negotiate, agree to                                                                               
 enter into or enter into any letter of intent, term sheet, memorandum of understanding, agreement 
 in principle, merger agreement, acquisition agreement or other similar agreement relating         
 to any Alternative Transaction.                                                                   |

However, notwithstanding the restrictions described
above, we or any of our representatives may, in response to an unsolicited inquiry or proposal that did not result from a breach of the
non-solicitation restrictions described above, and after consultation with our outside legal counsel, request information reasonably
necessary to clarify the terms and conditions of such inquiry or proposal to determine whether such inquiry or proposal constitutes,
or is reasonably likely to lead to or result in, a Superior Proposal (as defined below) and (ii) in response to an inquiry or
proposal from a third party, inform a third party or its representatives of the restrictions imposed by the non-solicitation restrictions
described above.

Furthermore, under the Asset Purchase Agreement,
our board (or any of its committees) may not:

| ● | withdraw, modify or qualify, or publicly propose to                                
 withdraw, modify or qualify, the board recommendation to approve the Asset Sale in 
 this proxy statement;                                                              |

| ● | recommend the approval                                                                    
 or adoption of, or approve or adopt, declare advisable, or publicly propose to recommend,