Core Viewpoint - Siyata Mobile Inc. plans to release its financial results for the second quarter ended June 30, 2025, on or around August 14, 2025, after market close [1] Company Overview - Siyata Mobile Inc. is a global developer and vendor of mission-critical Push-to-Talk over Cellular (PoC) handsets and accessories, primarily serving first responders and enterprise workers [3] - The company offers a portfolio of rugged PTT handsets and accessories that enhance communication over nationwide cellular networks, aimed at increasing situational awareness and saving lives [3] - Siyata's products are utilized by various organizations, including police, fire, ambulance services, schools, utilities, security companies, hospitals, and waste management companies [3] Product Offerings - In addition to PTT handsets, Siyata provides enterprise-grade In-Vehicle solutions and Cellular Booster systems to ensure effective communication in vehicles and areas with weak cellular signals [4] - The company sells its products through leading North American cellular carriers and international distributors [4] Stock Information - Siyata's common shares are traded on the Nasdaq under the ticker symbol "SYTA," while its previously issued common warrants trade under "SYTAW" [5]

Core Insights - Sonim Technologies is positioned for growth in the second half of 2025 with the launch of its XP Pro series and 5G flip feature phone through tier-one carriers [2] - The company reported a net revenue of $11.2 million for Q2 2025, a decrease of 33% from Q1 2025, primarily due to a one-time revenue adjustment in the previous quarter [7][8] - Sonim's net loss for Q2 2025 was $7.5 million, compared to a net income of $0.5 million in Q1 2025, reflecting challenges in the current financial environment [11] Financial Highlights - Q2 2025 net revenue was $11.2 million, down from $16.7 million in Q1 2025, with the first quarter benefiting from a one-time $5.3 million revenue addition [7][8] - Gross profit for Q2 2025 was $0.8 million, representing 8% of revenues, a significant decline from $8.4 million or 50% of revenues in Q1 2025 [9] - Adjusted EBITDA for Q2 2025 was negative $3.2 million, unchanged from Q1 2025 [11] Business Developments - The company launched the XP Pro smartphone with AT&T and began shipments of the Sonim H500 mobile hotspot to European distributors [7] - Sonim entered into a definitive agreement with Social Mobile for the acquisition of substantially all of its assets for $15 million, with an additional potential earn-out of $5 million [7] - The company ended Q2 2025 with cash and cash equivalents of $2.0 million, trade accounts receivable of $2.9 million, and inventory valued at $9.9 million [12] Corporate Updates - Sonim's Board of Directors approved the acquisition agreement with Social Mobile, which is expected to close in Q4 2025, pending customary closing conditions [7] - The company raised $5.4 million in capital through common stock sales to support product expansion and new launches [7] - Sonim's stockholders elected five director nominees to the Board, indicating a stable governance structure moving forward [7]

Product Launch - Solana Mobile's "Seeker" devices officially begin shipping [1] - Tens of thousands of devices are being shipped to over 50 countries [1] Market Reach - The company is expanding its reach to a global audience, shipping to over 50 countries [1] Customer Appreciation - Solana Mobile expresses gratitude for the support and belief in Solana Mobile since day one [1]

Core Viewpoint - Sonim Technologies has launched the Sonim XP Pro ultra-rugged smartphone across Canada, designed for mission-critical professionals, offering unmatched durability, performance, and reliability [2][3][7]. Product Features - The Sonim XP Pro is equipped with 8GB of RAM and 256GB of storage, expandable to 2TB, enabling it to handle demanding applications such as near real-time monitoring and high-resolution imaging [5]. - The device meets and exceeds IP68 and MIL-STD-810H durability standards, with water resistance certified for IPX9K, capable of withstanding submersion in water for one hour at a depth of 2 meters [6]. - It can endure drops from 2 meters onto concrete and operates in extreme temperatures ranging from -20°C to 55°C [-4 °F to 131 °F] [6]. - The XP Pro features programmable buttons for Push-to-Talk (PTT) and SOS functions, ensuring quick access to essential tools [6]. - Powered by the Snapdragon® Gen 7 processor, the XP Pro provides ultra-reliable connectivity and faster data speeds, even in remote environments [6]. - The device includes dual loudspeakers with over 100 dB output and advanced noise cancellation for clear communication in noisy settings [6]. - A robust 5000mAh battery supports long workdays with fast-charging options [6]. Market Availability - The Sonim XP Pro is now available through major Canadian carriers including Bell, Telus, Rogers, and SaskTel [8].

Group 1 - Sonim Technologies stockholders elected all five director nominees to the Board of Directors during the 2025 Annual Meeting [1] - The Board stated that the election outcome validates their initiatives to return value to stockholders and ensure long-term success, highlighted by the agreement with Social Mobile [2] - Sonim has entered into a definitive agreement for Social Mobile to acquire its assets and substantially all current liabilities for $20 million, which includes a potential $5 million earn-out [2] Group 2 - Sonim Technologies is a leading provider of rugged mobile solutions, including phones and accessories designed for durability in demanding environments [4] - The company has been trusted by first responders, government, and Fortune 500 customers since 1999, selling its products through tier one wireless carriers and distributors [4] - Sonim's devices enhance user experience while providing extra protection, connecting users with various applications [4]

Acquisition Overview - Sonim Technologies, Inc. has entered into a definitive agreement for Social Mobile to acquire its assets and substantially all current liabilities for $20 million, which includes a potential earn-out of $5 million in an all-cash transaction [1][4] - The transaction is expected to close in Q4 2025, pending customary closing conditions, including shareholder and regulatory approvals [3][4] Strategic Alignment - This acquisition aligns with Social Mobile's strategy to expand its presence in the purpose-built enterprise mobility market, leveraging Sonim's expertise in mission-critical mobile solutions [2][4] - The combination of Social Mobile's resources and Sonim's strong foundation is anticipated to enhance product portfolios, service capabilities, and drive innovation to meet evolving customer needs [4] Leadership Insights - Robert Morcos, CEO of Social Mobile, expressed enthusiasm about the synergies created by the acquisition and the potential for growth and value delivery to Sonim's customers [4] - Mike Mulica, Chair of the Board of Directors at Sonim, highlighted that the acquisition represents a pivotal step in returning value to shareholders while ensuring Sonim's long-term success [4] Company Profiles - Sonim Technologies is a leading provider of rugged mobile solutions, trusted by first responders and Fortune 500 companies, with a focus on durability and protection for users [6][7] - Social Mobile specializes in enterprise mobility solutions and custom device development for major industries, having distributed over 15 million devices globally [8][9]

Core Viewpoint - Institutional Shareholder Services (ISS) recommends that Sonim Technologies stockholders vote "FOR" the company's nominees on the WHITE proxy card ahead of the Annual Meeting on July 18, 2025, highlighting concerns over Orbic's acquisition proposals [1][2][3] Group 1: ISS's Recommendation - ISS has determined that Orbic has not made a compelling case for change and that the Sonim Board's response to Orbic's demands is appropriate [2] - The board's response to Orbic's unsolicited acquisition proposals is characterized as cautious due to uncertainties and the dissident's approach [2][4] - ISS emphasizes that Orbic's offers have been unreasonable and incomplete, lacking clarity on key terms [4][5] Group 2: Sonim Board's Position - The Sonim Board expresses satisfaction with ISS's recommendation, indicating that it reflects the board's view on Orbic's tactics [3] - The board highlights that Orbic's demands have been unreasonable and that their financing commitment lacks substance [5] - The board notes that Orbic's approach has included multiple rejections and a lack of clarity in their offers, which raises concerns about their intentions [4][5] Group 3: Company Background - Sonim Technologies is a leading provider of rugged mobile solutions, serving various sectors including first responders and Fortune 500 companies since 1999 [6] - The company offers a range of products including phones, wireless internet data devices, and accessories designed for durability [6]

Product Development - Samsung is planning to release a triple-folding phone this year [1]

Core Viewpoint - Sonim Technologies' Special Committee has determined that the unsolicited proposal from Orbic North America is inferior to the existing Letter of Intent with Social Mobile for the sale of Sonim's operating assets, emphasizing the commitment to maximizing stockholder value through the Social Mobile transaction [1][2]. Group 1: Comparison of Proposals - The Social Mobile LOI offers greater transaction value and certainty as it does not require third-party financing, providing a clear path for the sale of legacy assets and a concurrent reverse takeover [2]. - Orbic's proposal is highly conditional, with financing contingent upon satisfactory due diligence and lacking clarity on the financing source, raising concerns about its feasibility [2][3]. - The likelihood of consummation is higher with Social Mobile, as negotiations for a definitive agreement are actively progressing and a cooperative relationship has been established [2][3]. Group 2: Concerns Regarding Orbic - Orbic's proposal entails high execution and timing risks, jeopardizing the progress made under the Social Mobile LOI and requiring a restart of due diligence and negotiations [2][3]. - Orbic has a concerning track record, having been involved in over ten legal actions in the past decade, including significant judgments against its affiliates [3]. - The strategy employed by Orbic, which includes litigation and a proxy contest, raises questions about its credibility and true motives [3]. Group 3: Call to Action - The Special Committee urges stockholders to support the strategic path forward with Social Mobile, which is believed to deliver the best value and terms available [4].

Group 1 - Sonim Technologies, Inc. announced a public offering of 7,400,000 shares of common stock at a price of $0.75 per share, with expected gross proceeds of approximately $5.55 million [1][2] - The company intends to use the net proceeds for operations supporting its overall business strategy, working capital, and potentially for repayment and refinancing of its indebtedness [2] - Roth Capital Partners is acting as the exclusive placement agent for the offering [2] Group 2 - The offering is being conducted under a registration statement on Form S-1, which was declared effective by the SEC on June 30, 2025 [3] - A preliminary prospectus has been filed with the SEC, and electronic copies of the final prospectus will be available on the SEC's website [3] - Sonim Technologies is recognized as a leading provider of rugged mobile solutions, serving various sectors including first responders and Fortune 500 companies since 1999 [5]