Company: SONM
Filing Date: 2025-11-12
Form Type: 424B3
Source: 0001493152-25-021905
Chunk: 41

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-12
Form: 424B3
Chunk 41
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 equal to 1,000 times the aggregate amount to be distributed per      
 share to holders of our common stock plus an amount equal to any accrued and unpaid dividends on such Series A Preferred Shares;      |
| ● | will                                                                                                                                  
 have the same voting power as 1,000 shares of our common stock;                                                                       |
| ● | if                                                                                                                                    
 shares of common stock are exchanged via merger, consolidation, or a similar transaction, will entitle the holder to a per share      
 payment equal to the payment made on 1,000 shares of our common stock; and                                                            |
| ● | the                                                                                                                                   
 Series A Preferred Shares would rank junior to any other series of the Company’s preferred stock in the event such other preferred    
 stock is issued by the Company, unless the terms of any such series provide otherwise.                                                |

The value of one one-thousandth interest in a Series A Preferred Share is intended to approximate the value of one share of common stock.

Expiration

The Purchase Rights will expire on the Final Expiration Date, unless the Purchase Rights are earlier redeemed or exchanged by the Company.

Redemption

Our board may redeem the Purchase Rights for $0.018 per Purchase Right at any time prior to the earlier of (a) such time as any person or group becomes an Acquiring Person or (b) the close of business on the Final Expiration Date. Following the expiration of the above periods, the Purchase Rights become nonredeemable. If our board redeems any Purchase Rights, it must redeem all of the Purchase Rights. Once the Purchase Rights are redeemed, the only right of the holders of Purchase Rights will be to receive the redemption price of $0.018 per Purchase Right. The redemption price will be adjusted if we effect a stock split or stock dividend of common stock.

Anti-Dilution Provisions

Purchase Rights will have the benefit of certain customary anti-dilution provisions.

Amendments

The terms of the Rights Agreement may be amended by our board without the consent of the holders of the Purchase Rights. After a person or group becomes an Acquiring Person, our board may not amend the Rights Agreement in a way that adversely affects holders of the Purchase Rights.

Miscellaneous

The Rights Agreement does not contain any dead-hand, slow-hand, no-hand or similar feature that limits the ability of a future board of directors to redeem the Purchase Rights. Until a Purchase Right is exercised, the holder thereof, as such, will have no rights as a stockholder of the Company, including, without limitation,