Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 8

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 8
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Unless provided to the contrary herein, the information
in this proxy statement is retroactively adjusted to reflect (i) the 1-for-10 reverse stock split that became effective on July 17, 2024,
and (ii) the 1-for-18 reverse stock split that became effective on October 27, 2025.

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Information about the Parties (see page 33)

The Company

Sonim Technologies, Inc. was founded in
1999 and is based in the United States. Our principal executive offices are located at 4445 Eastgate Mall, Suite 200, San Diego,
California 92121. Our telephone number is (415) 432-7323. Our website address is https://www.sonimtech.com/

Legacy Business

Sonim is a leading provider of enterprise 5G solutions,
offering a robust portfolio that includes rugged handsets, smartphones, wireless internet devices, software, services, and accessories.
These products are engineered for reliable communication in challenging and unpredictable environments, serving sectors such as critical
communications, first responders, government, industrial, construction, hospitality, and logistics. We currently have products available
at all three U.S. Tier-one carriers – AT&T, T-Mobile and Verizon as well as the three primary carriers in Canada – Bell,
Telus and Rogers, and Telstra in Australia. These carriers then resell our products, along with network services, to end customers focusing
on two primary end markets: industrial enterprise and public sector. We also sell our products through distributors and resellers in
various markets, including Europe and South Africa.

Principal Market and Ticker

Our common stock, par value $0.001 per share,
is listed on the Nasdaq Capital Market (“Nasdaq”) under the symbol “SONM.”

Buyer

Pace Car Acquisition LLC is a Delaware limited
liability company and a wholly-owned subsidiary of the Parent.

Parent

Founded in 2011, Social Mobile maintains offices,
warehouses, and facilities around the world, in addition to its head office in Hollywood, Florida. The Parent is an IoT design firm that
specializes in developing custom devices for the world’s biggest companies in all industries, including healthcare, transportation,
retail, and defense.

Buyer and Parent are affiliates of MW International
Ventures LLC, formerly doing business as Social Mobile and as of October 16, 2025, now doing business as NEXA.

The Asset Purchase Agreement (see page 70 and