Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 21

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 21
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 ask banks, brokers, and other
nominees to forward these proxy materials to their principals and to obtain authority to execute proxies. We will then reimburse them
for their reasonable, out-of-pocket expenses. The expense associated with the solicitation of proxies will include reimbursement for
postage and clerical expenses to brokerage houses and other custodians, nominees, or fiduciaries for forwarding proxy materials and other
documents to beneficial owners of stock held in their names. We have engaged the services of Sodali & Co with respect to proxy soliciting
matters at an expected cost of approximately $30,000, not including incidental expenses.

| 10 |

If I hold my shares of common stock in “street name” through a broker, bank, or other nominee, will they vote my shares for me?

No. If you hold your shares of common stock in
street name, you must provide your broker, bank, or other nominee with instructions in order for your shares to be voted. To do so, you
should return the voting instruction form provided to you with this proxy statement by your broker, bank, or other nominee.

What happens if I hold my shares in “street name” through a broker, bank, or other nominee, and I do not instruct them how to vote my shares?

Brokers, banks, or other nominees who hold shares
in “street name” for their customers have authority to vote those shares on “routine” proposals when they have
not received instructions from the beneficial owners of such shares. However, brokers, banks, or other nominees do not have the authority
to vote shares they hold for their customers on “non-routine” proposals when they have not received instructions from the
beneficial owners of such shares. The Asset Sale Proposal, the Advisory Compensation Proposal, and the Adjournment Proposal are all “non-routine”
proposals. As a result, absent instructions from the beneficial owners of such shares, brokers, banks, and other nominees will not vote
those shares, and those shares will not be considered present at the Special Meeting for purposes of determining a quorum. A failure
to instruct the broker, bank, or other nominee holding your shares will have no effect on the outcome of the Advisory Compensation Proposal
or the Adjournment Proposal. However, shares of our common stock entitled to vote thereon as of the close of business on the record date,
a failure to instruct your broker, bank, or other nominee with respect to voting your shares will have