Company: SONM
Filing Date: 2025-06-20
Form Type: S-1
Source: 0001641172-25-015940
Chunk: 25

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-06-20
Form: S-1
Chunk 25
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 canceled, relationships could be terminated, and our reputation could be damaged. If one of our suppliers or subcontractors fails to procure the necessary license rights to trademarks, copyrights, or patents, legal action could be taken against us that could impact the salability of our products and expose us to financial obligations to a third party. Any of these events could have a negative impact on our sales and results of operations.

Moreover, any failure of our suppliers, subcontractors, distributors, resellers, and TPSRs, for any reason, including bankruptcy or other business disruption, could disrupt our supply or distribution efforts and could have a negative impact on our sales and results of operations.

| 17 |

We are exposed to risks associated with strategic transactions.

We may pursue mergers, acquisitions, or dispositions of businesses or assets or other strategic transactions that we believe will strengthen, streamline, or expand our business. Each such transaction would be dependent upon several factors, including identifying suitable companies, businesses, or assets that align with our business strategies, reaching an agreement with the potential counterparties on acceptable terms, receipt of any applicable regulatory and other approvals, and other conditions. These transactions involve various risks, including among others:

| ● | difficulties                                                                                                                             
 related to integrating or managing applicable parts of an acquired business or joint venture and unanticipated changes in customer       
 and other third-party relationships subsequent to closing;                                                                               |
| ● | diversion                                                                                                                                
 of management’s attention from day-to-day operations;                                                                                    |
| ● | applicable                                                                                                                               
 antitrust laws and other regulations that may limit our ability to acquire targets or require us to divest an acquired business or       
 assets;                                                                                                                                  |
| ● | failure                                                                                                                                  
 to realize anticipated benefits, such as cost savings, revenue enhancements, or strengthening or broadening our business;                |
| ● | potentially                                                                                                                              
 substantial transaction costs associated with acquisitions, joint ventures, or investments if we or a transaction counterparty seek      
 to exit or terminate an interest in the joint venture or investment; and                                                                 |
| ● | potential                                                                                                                                
 accounting impairment or actual diminution or loss of value of our investment if future market, business, or other conditions ultimately 
 differ from our assumptions at the time such transaction is consummated.                                                                 |

Risks Related to Our Financial Condition

We may not generate sufficient liquidity to operate our business and maintain its growth.

We will require significant funds to implement our business strategy, upgrade and expand our product portfolio, and meet our other liquidity needs. Our historical revenue is not indicative of our future performance