Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 35

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 35
---
 |           |  (2,349 | ) |
| Net income (loss)                                                          |     | $          | (33,648 | ) |     | $                                  |  39,508 |   |     |       |     | $         |   5,860 |   |
| Net income (loss) per share (*):                                           |     |            |         |   |     |                                    |         |   |     |       |     |           |         |   |
| Basic                                                                      |     | $          | (128.37 | ) |     |                                    |         |   |     |       |     | $         |   22.36 |   |
| Diluted                                                                    |     | $          | (128.37 | ) |     |                                    |         |   |     |       |     | $         |   22.28 |   |
| Weighted-average shares used in computing net income (loss) per share (*): |     |            |         |   |     |                                    |         |   |     |       |     |           |         |   |
| Basic                                                                      |     |            | 262,118 |   |     |                                    |       — |   |     |       |     |           | 262,118 |   |
| Diluted                                                                    |     |            | 262,118 |   |     |                                    |     940 |   |     | -K    |     |           | 263,058 |   |

<div align='center'>See accompanying notes to unaudited pro forma condensed consolidated financial information.</div>

| 20 |

<div align='center'>SONIM TECHNOLOGIES INC.

NOTES TO UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL INFORMATION

(In Thousands, except Share and Per Share Amounts)</div>

1. Background and Description of the Proposed Asset Sale

On July 17, 2025, the Company entered into the Asset Purchase Agreement by and among the Company, the Buyer, the Seller Representative named in the Asset Purchase Agreement, and the Parent, solely for the purpose of guaranteeing complete payment and performance obligations of the Buyer contained in the Asset Purchase Agreement.

Pursuant to the Purchase Agreement, the Buyer agreed to acquire substantially all assets of the Company and its subsidiaries related to the Company’s enterprise 5G solutions business, including rugged handsets, smartphones, wireless internet devices, software, services, and accessories (collectively, the