Company: SONM
Filing Date: 2025-09-09
Form Type: PRE 14A
Source: 0001493152-25-012903
Chunk: 16

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-09-09
Form: PRE 14A
Chunk 16
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 not change the total number of shares             
 of our common stock authorized for issuance. As a result, the number of shares of our common          
 stock available for issuance following the implementation of the Reverse Stock Split would            
 increase to the extent the Reverse Stock Split reduces the number of outstanding shares of            
 our common stock. Such available shares may be used for future corporate purposes, including          
 future acquisitions, investment opportunities, the establishment of collaboration or other            
 strategic agreements, capital raising transactions involving equity or convertible debt securities,   
 future at-the-market offerings of common stock, or issuance under current or future employee          
 equity plans, and the issuance of equity securities in connection with such transactions              
 may result in potentially significant dilution of our current stockholders’ ownership                 
 interests in the Company.                                                                             |
| ● | In                                                                                                    
 addition, although the purpose of the Reverse Stock Split is not to establish any barriers            
 to a change of control or acquisition of the Company, investors might consider the increased          
 proportion of unissued authorized shares to issued shares to have an anti-takeover effect             
 under certain circumstances because the proportion allows for dilutive issuances. We are              
 not aware of any attempt or plan to obtain control of us.                                             |
| ● | The                                                                                                   
 Reverse Stock Split may result in some stockholders owning “odd lots” of fewer                        
 than one hundred (100) shares of our common stock on a post-split basis. These odd lots may           
 be more difficult to sell, or require greater transaction costs per share to sell, than shares        
 in “round lots” of even multiples of one hundred (100) shares.                                        |

| 10 |

Principal Effects of the Reverse Stock Split

Capital stock

After the effective date of the Reverse
Stock Split, each stockholder will own a reduced number of shares of our common stock. However, the Reverse Stock Split will affect all
of our stockholders uniformly and will not affect any stockholder’s percentage ownership interests in the Company, except to the
extent that the Reverse Stock Split results in any of our stockholders owning a fractional share (as described below). Voting rights
and other rights and preferences of the holders of our common stock will not be affected by a Reverse Stock Split (except for adjustments
that may result from the treatment of fractional shares). For example, a holder of 1% of the voting power of the outstanding shares of
our common stock immediately prior to a Reverse Stock Split would continue to hold 1% (assuming there is no impact as a result of the