Company: SONM
Filing Date: 2025-12-05
Form Type: DEFM14A
Source: 0001493152-25-026277
Chunk: 105

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-12-05
Form: DEFM14A
Chunk 105
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 entitled to vote thereon at the Special Meeting.

Acquired Assets

Upon the terms and subject to the conditions of
the Asset Purchase Agreement, we have agreed to sell to the Buyer the following assets, which are referred to in this discussion as the
“purchased assets:”

| ● | all current and non-current assets of the Company and the Business, 
 including current assets and accounts receivable;                   |

| ● | the entirety of the equity interests of each of the Company’s                         
 subsidiaries identified as an “Acquired Subsidiary” (which is expected                
 to be all of the Company’s subsidiaries other than Sonim Technologies (India) Private 
 Limited) (the “Acquired Subsidiaries”);                                               |

| ● | cash of the Acquired Subsidiaries; |

| ● | any work in process, items of inventory and supplies, finished 
 goods, goods in transit, consigned goods, and returned goods;  |

| ● | any Personal Property (as defined in the Asset Purchase Agreement)                        
 (including all information systems used or held for use by Company for the conduct of the 
 Business);                                                                                |

| ● | certain contracts pertaining to the Legacy Business 
 or to which any of the purchased assets is subject; |

| ● | any lists, records, and files pertaining to the continuing employees; |

| ● | any actions, deposits, prepayments, prepaid expenses (or similar                                 
 assets), credits, claims, warranties, guarantees, refunds, causes of action, rights of recovery, 
 rights of set-off, and rights of recoupment of every kind and nature in respect to the Legacy    
 Business or any other purchased asset;                                                           |

| ● | any intellectual property pertaining to the Legacy Business; |

| ● | any telephone numbers (e.g., toll-free numbers, cell phone                               
 numbers, etc.), facsimile numbers, and e-mail addresses, and listings used in the Legacy 
 Business;                                                                                |

| ● | any permits held by the Company or its affiliates in respect of                      
 the Legacy Business or any other purchased asset, excluding the Excluded Permits (as 
 defined in the Asset Purchase Agreement);                                            |

| 71 |

| ● | any insurance, warranty, and condemnation net proceeds received                          
 with respect to damage, non-conformance of, or loss to any purchased asset (but not, for 
 clarification, to the extent related to any excluded asset or excluded liability);       |

| ● | any books and records of the Legacy Business (whether past