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

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-12-05
Form: DEFM14A
Chunk 12
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, in consultation with our management and legal counsel, financial advisors and financial
consultants, considered a number of factors, including the risks described in the section titled “Risk Factors” beginning
on page 24 of this proxy statement.

For additional information on the factors considered
by our board, please refer to the section titled “Proposal 1: Asset Sale Proposal — Reasons for the Asset Sale and Recommendation of our Board.”

Record Date, Stockholders Entitled to Vote, and Voting Power

Our board has designated December 2, 2025,
as the record date for purposes of determining the stockholders that are entitled to receive notice of, and to vote at, the Special Meeting
and any postponement or adjournment thereof, unless a new record date is fixed in connection with any such postponement or adjournment.
Only holders of record of our common stock as of the close of business on the record date are entitled to notice of, and to vote at,
the Special Meeting and at any postponement or adjournment of the Special Meeting, unless a new record date is fixed in connection with
such postponement or adjournment. At the close of business on the record date, there were 1,088,635 shares of our common stock
outstanding and entitled to vote at the Special Meeting.

Each holder of our common stock will be entitled
to one vote for each share of our common stock held by such holder as of the close of business on the record date.

Quorum

A quorum of stockholders is necessary to transact
business at the Special Meeting. Our bylaws provide that the presence, in person, by remote communication, or by proxy of the holders
of one-third of the voting power of the outstanding shares of our common stock entitled to vote will constitute a quorum for the transaction
of business at the Special Meeting. Thus, votes of stockholders of record who are present at the Special Meeting virtually or by proxy,
broker non-votes (if any), and abstentions will be counted for purposes of determining whether a quorum exists. As of the record date
for the Special Meeting, there were 1,088,635 shares of common stock, issued, outstanding, and entitled to vote, which means that
362,879 shares of common stock must be present in person or represented by proxy at the Special Meeting to establish a quorum.

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If a quorum is not present at the Special Meeting,
under our bylaws, the Special Meeting may