Sonim(SONM)

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Sonim Technologies Announces Engagement with Shareholder Intelligence Services, LLC to Protect Shareholders and Maximize Value
Newsfile· 2025-04-15 11:30
Core Viewpoint - Sonim Technologies has engaged Shareholder Intelligence Services, LLC to enhance shareholder protection and maximize shareholder value through advanced trading analytics and corporate governance support [1][2][3]. Group 1: Engagement with Shareholder Intelligence Services - The partnership with ShareIntel aims to improve corporate governance, strengthen shareholder communication, and ensure regulatory compliance [2][3]. - ShareIntel's services will allow Sonim to monitor trading activities and identify potential anomalies or SEC violations, thereby enhancing investor confidence [3]. Group 2: About Shareholder Intelligence Services - Shareholder Intelligence Services, LLC provides a compliance-driven SaaS platform that aggregates and analyzes shareholder trading data, helping public companies manage investor relations and fulfill fiduciary responsibilities [4]. Group 3: About Sonim Technologies - Sonim Technologies is a leading provider of rugged mobile solutions, including phones and data devices, catering to sectors that require high durability, such as first responders and Fortune 500 companies [5]. - The company has been operational since 1999 and distributes its products through tier one wireless carriers and distributors across North America, EMEA, and Australia/New Zealand [5].
Sonim Technologies, Inc. Special Committee Confirms Receipt of Unsolicited Proposal for $4.00 per Share in Cash
Newsfile· 2025-04-03 11:30
Core Viewpoint - Sonim Technologies, Inc. has received an unsolicited non-binding proposal from Orbic North America, LLC to acquire all outstanding shares for $4.00 per share in cash [1] Group 1: Proposal Details - The proposal from Orbic is for $4.00 per share in cash [1] - Sonim has established a Special Committee of independent directors to review and evaluate the proposal [2] - The Special Committee is committed to a thorough assessment and exploring all strategic alternatives to act in the best interests of shareholders [2] Group 2: Company Commitment - The Sonim Board and management emphasize their commitment to delivering long-term value for shareholders [3] - The company appreciates Orbic's offer and will evaluate the proposal alongside other feasible options [3] - There is no assurance that the evaluation will lead to a transaction, and Sonim will not comment further unless deemed necessary [3] Group 3: Company Overview - Sonim Technologies is a leading provider of rugged mobile solutions, including phones and wireless internet devices, designed for durability [4] - The company has been trusted by first responders, government, and Fortune 500 customers since 1999 [4] - Sonim's products are sold through tier one wireless carriers and distributors across North America, EMEA, and Australia/New Zealand [4]
Sonim(SONM) - 2024 Q4 - Annual Results
2025-03-31 20:05
Financial Results - Sonim Technologies, Inc. announced unaudited preliminary financial results for the fiscal quarter ended December 31, 2024[4]. Company Information - The company is listed on the Nasdaq Stock Market under the trading symbol SONM[2]. - The report was signed by Chief Financial Officer Clay Crolius on January 16, 2025[9].
Sonim Technologies Reports Full Year 2024 Financial Results
Newsfile· 2025-03-31 20:02
San Diego, California--(Newsfile Corp. - March 31, 2025) - Sonim Technologies, Inc. (Nasdaq: SONM), a leading provider of rugged mobile solutions, today announced its financial results for the fourth quarter and full year ended December 31, 2024. The company highlighted solid progress in revenue growth fueled by strong adoption of recently launched products and strategic market expansion. "We closed 2024 with significant strides in product innovation and market penetration, particularly within North America ...
AJP Holding Company, LLC Announces Director Candidates for the Board of Sonim Technologies, Inc.
Newsfile· 2025-03-21 20:13
AJP Holding Company, LLC Announces Director Candidates for the Board of Sonim Technologies, Inc.AJP Holding Company, LLC Intends to Nominate, on behalf of itself and on behalf of Orbic North America, LLC, 5 Highly Qualified Candidates with Best-in-Class Experience in 4G/5G Connected Devices, Technology, Manufacturing, Hardware, Software, Sales, Strategy, Operations and FinanceMarch 21, 2025 4:13 PM EDT | Source: Orbic North AmericaHauppauge, New York--(Newsfile Corp. - March 21, 2025) - AJP Ho ...
UPDATE: Sonim Technologies Announced as Latest "Verizon Frontline Verified" Partner
Newsfile· 2025-03-20 16:02
Sonim XP Pro 5G and H500 5G Now Verizon Frontline VerifiedRugged, reliable, and TAA compliant, these mission-critical devices are purpose-built to meet the demands of government and frontline heroes.This release corrects and replaces the press release that was issued by Sonim Technologies, Inc., on March 20th, 2025. Updated quote attribution.San Diego, California and Basking Ridge, New Jersey--(Newsfile Corp. - March 20, 2025) - Sonim Technologies (NASDAQ: SONM) today announced that the XP Pro 5G rugged sm ...
Sonim Technologies Announced as Latest "Verizon Frontline Verified" Partner
Newsfile· 2025-03-20 11:30
Sonim XP Pro 5G and H500 5G Now Verizon Frontline VerifiedRugged, reliable, and TAA compliant, these mission-critical devices are purpose-built to meet the demands of government and frontline heroes.San Diego, California and Basking Ridge, New Jersey--(Newsfile Corp. - March 20, 2025) - Sonim Technologies (NASDAQ: SONM) today announced that the XP Pro 5G rugged smartphone and H500 5G rugged mobile hotspot have achieved Verizon Frontline Verified status. This milestone solidifies their place as essential, b ...
Sonim Technologies Introduces the XP3plus 5G Feature Flip Phone; Certified for T-Priority
Newsfile· 2025-03-19 11:25
Core Points - Sonim Technologies has launched the XP3plus 5G, an ultra-rugged flip phone designed for first responders, government, and enterprise users, now available at T-Mobile with certification for T-Priority [1][3] - The XP3plus 5G features a Qualcomm SM4450 5G chipset, a larger display, and a 3000mAh removable battery, providing up to 30 hours of talk time, along with 4GB DDR4 RAM and 32GB eMMC storage expandable up to 512GB via MicroSD [2][4] - The device is built to meet Sonim's Rugged Performance Standards, exceeding IP68 and military durability standards (MIL-STD-810H), and is submersion-proof up to 5 feet for 30 minutes [5][9] Product Features - The XP3plus 5G is available in two configurations: one with a camera for field documentation and one without for security in sensitive environments [3][4] - It includes superior audio quality with a 100dB+ ultra-loud speaker and dual microphones for noise and echo cancellation, making it suitable for noisy environments [6] - The phone is designed for ease of use with tactile, glove-friendly Push-to-Talk (PTT) and SOS buttons, enhancing functionality in various use cases [6] Market Positioning - The XP3plus 5G is aimed at mission-critical professionals who require secure, dependable, and simple communication tools, addressing the growing demand for distraction-free productivity [4] - Sonim Technologies emphasizes reducing the total cost of ownership with a 3-year comprehensive warranty and a suite of software tools to enhance productivity and device management [4][11] - The company has established a robust ecosystem of accessories to support the XP3plus 5G, including vehicle mounts and rugged headsets, facilitating seamless integration into diverse workflows [4]
Sonim Technologies Provides Update on Strategic Review Process and Addresses Market Speculation
Newsfile· 2025-02-26 12:30
Core Viewpoint - Sonim Technologies is actively evaluating strategic alternatives to maximize stockholder value and has formed a special committee for this purpose [1] Group 1: Strategic Review Process - Sonim Technologies continues to receive and evaluate inbound potential strategic alternatives [1] - A special committee has been formed to assess opportunities, and this process is ongoing [1] - No specific path or transaction has been decided yet, and no transaction has closed [1] Group 2: Market Speculation - Sonim addresses market rumors, affirming that there have been no management discussions with Orbic North America, LLC [1] - The company aims to clarify misinformation circulating in the market [1] Group 3: Financial Position - On February 24, 2025, Sonim closed additional financing, providing necessary working capital to scale its business independently [1]
Sonim Strengthens Its Leadership in Europe by Showcasing Latest Innovations at MWC 2025
Newsfile· 2025-02-26 07:58
Core Insights - Sonim Technologies is enhancing its leadership in Europe by showcasing its latest innovations at Mobile World Congress (MWC) 2025 in Barcelona from March 3-6 [1][2] - The company will highlight its advanced devices, including the XP Pro Thermal, XP400, and XP100, which are designed for demanding professional environments [3][4] - Sonim aims to strengthen partnerships and expand its market presence in Europe, having successfully launched new devices through top distributors and carriers [4][5] Product Highlights - The XP Pro Thermal smartphone features thermal imaging technology, while the XP400 and XP100 are newly launched for the European and South African markets [3] - Sonim will also present rugged mobile hotspots, self-install fixed wireless access innovations, and the Sonim IRIS software suite [3] Strategic Engagement - The company is actively scheduling media and analyst interviews during MWC 2025 to provide insights into its innovations and strategies [5][8] - Sonim invites industry leaders, carriers, and resellers to explore its latest products and understand its growing reputation in rugged mobility solutions [6][7] Company Background - Sonim Technologies is a leading U.S. provider of ultra-rugged mobile solutions, trusted by first responders and Fortune 500 companies since 1999 [9] - The company sells its products through tier one wireless carriers and distributors across North America, EMEA, and Australia/New Zealand [9]