Orbic Submits Asset Purchase Proposal to Sonim Technologies, Inc.

Offer to acquire substantially all of Sonim's assets for a cash purchase price of $25 millionPurchase price equates to a price per share of $2.418Hauppauge, New York--(Newsfile Corp. - June 26, 2025) - Orbic North America, LLC ("Orbic"), an international leader in mobile technology innovation, sent a revised acquisition proposal letter to Sonim Technologies, Inc. (NASDAQ: SONM) ("Sonim" or the "Company"), today in which Orbic re-emphasized Orbic's interest in negotiating a mutually agreeable transaction wi ...