Sonim Technologies Inc

Sonim Technologies, Inc. engages in the design and manufacture of mission-critical smart phone-based solutions for workers in extreme, hazardous, and isolated environments. Its products include ultra-rugged mobile phones, business process applications, and a suite of industrial-grade accessories. The company was founded by Ram Chandran, Isaac Eteminan, Anush Gopalan, Jai Kumar, Sudu Srinivasan, and Joakim Wiklund on August 5, 1999 and is headquartered in San Diego, CA.

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Sonim Technologies, Inc. engages in the provision of rugged and consumer durable mobile devices including phones and accessories designed to provide extra protection for users that demand more durability. It operates through the following geographical segments: the United States, Canada and Latin America, Europe and Middle East, and Asia Pacific. The company was founded by Ram Chandran, Isaac Eteminan, Anush Gopalan, Jai Kumar, Sudu Srinivasan, and Joakim Wiklund on August 5, 1999 and is headquartered in San Diego, CA.

Shipments Commencing in Q3 2022 Diversify Revenue OpportunitiesAustin, Texas--(Newsfile Corp. - September 6, 2022) - Sonim Technologies (NASDAQ: SONM) today announced a customer purchase order for $9 million to purchase tablet products designed by Sonim and assembled via an ODM relationship. Sonim expects to ship the initial purchase order starting from the third quarter, then fulfill additional orders in late 2022 and throughout 2023.

Sonim Technologies Announces $9 Million Tablet Purchase Order

Industrial Workers Benefit from Cellular and Radio-like Capabilities in One Rugged DeviceAustin, Texas--(Newsfile Corp. - August 29, 2022) - Sonim Technologies (NASDAQ: SONM) today announced the availability of the XP5plus in Canada through a major carrier. The XP5plus builds on the legacy of its predecessor, the XP5s, one of the most widely used PTT-over-Cellular ultra-rugged devices among industrial workers who need instant reliable two-way communications when it matters most.

Sonim Technologies Launches XP5plus Rugged Device with Major Carrier in Canada

Popular, Affordable Flip Phone Delivers Simple, Fast and Reliable CommunicationsAustin, Texas--(Newsfile Corp. - August 25, 2022) - Sonim Technologies (NASDAQ: SONM) announced today a new award for the XP3plus flip phone with a major U.S. carrier. The new Sonim XP3plus builds on the legacy of its ultra-rugged, and very popular, predecessor, the XP3, to deliver enhanced capabilities for those who work in demanding environments and need simple, fast and reliable voice communications.

Sonim Technologies Announces XP3plus Ultra-Rugged Flip Phone Award with Major U.S. Carrier

Austin, Texas--(Newsfile Corp. - August 17, 2022) - Sonim Technologies, Inc. (NASDAQ: SONM) ("Sonim" or the "Company"), a leading U.S. provider of ultra-rugged mobile devices, accessories, and solutions designed specifically for task workers physically engaged in their work environments, today announced the company has received an extension of 180 days, until February 13, 2023 to regain compliance with the Nasdaq minimum bid price requirement for continued listing.

Sonim Receives Nasdaq Extension

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Wins New Carrier Orders for Next Generation Sonim Rugged DevicesNew Growth Capital Supports Entry Into New Semi-Rugged and Industrial MarketsAustin, Texas--(Newsfile Corp. - August 12, 2022) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading U.S. provider of ultra-rugged mobile devices, accessories and solutions designed specifically for task workers physically engaged in their work environments, reported financial results for the second quarter ended June 30, 2022.

Sonim Reports Second Quarter Financial Results

Strategic Investment Driving Expansion Into Larger Semi-Rugged and Industrial 5G Growth Markets AUSTIN, Texas , Aug. 9, 2022 /PRNewswire/ --  Sonim Technologies, Inc.  (Nasdaq: SONM) ("Sonim" or the "Company"), a leading U.S. provider of ultra-rugged mobile devices, accessories, and solutions designed specifically for task workers physically engaged in their work environments, today announced that on August 8, 2022, it closed the second tranche of its subscription agreement with U.S.-based AJP Holding Company, LLC ("AJP") whereby AJP has now purchased an aggregate of $17.5 million in Sonim equity at a price of $0.84 per share. The second closing included approximately 5.9 million shares of Common Stock for an aggregate purchase price of $5.0 million in gross proceeds.

Sonim Completes Second Closing of Growth Equity Transaction

AT&T

Sonim Technologies (SONM) stock is taking off on Friday following news of a deal with AT&T (T) for its newest rugged phone! The post Sonim Technologies (SONM) Stock Rockets 18% on AT&T Deal appeared first on InvestorPlace.

Sonim Technologies (SONM) Stock Rockets 18% on AT&T Deal

AUSTIN, Texas , July 15, 2022 /PRNewswire/ --  Sonim Technologies  (Nasdaq: SONM) today announced the launch of the XP5plus on the AT&T network, which offers the best of both cellular and radio-like capabilities for businesses and employees working in extreme conditions. The XP5plus builds on the legacy of its predecessor, the XP5s, one of the most widely used PTT-over-Cellular ultra-rugged devices among frontline workers and first responders who need instant reliable communications when it matters most.

Sonim Technologies Launches New XP5plus Rugged Device with AT&T

Announced $15.9 Million in Carrier Orders Since April 14  Expanding Into Larger Semi-Rugged and Industrial 5G Growth Markets AUSTIN, Texas , July 13, 2022 /PRNewswire/ --  Sonim Technologies, Inc.  (Nasdaq: SONM) ("Sonim" or the "Company"), a leading U.S. provider of ultra-rugged mobile devices, accessories and solutions designed specifically for task workers physically engaged in their work environments, today announced that it has closed the first tranche of its subscription agreement with U.S.-based AJP Holding Company, LLC ("AJP") whereby AJP will ultimately purchase an aggregate of $17.5 million in Sonim equity at a price of $0.84 per share. The first closing includes the purchase of approximately 14.9 million shares of Common Stock for an aggregate purchase price of $12.5 million.

Sonim Completes First Closing of Growth Equity Transaction

AUSTIN, Texas , June 23, 2022 /PRNewswire/ -- Sonim Technologies (Nasdaq: SONM) today announced that proxy advisory firm Institutional Shareholder Services (ISS) has recommended that stockholders entitled to vote at the special meeting of stockholders to be held June 28 vote FOR all proposals.  "We are pleased to have the support of ISS on all four of the matters to be voted at our upcoming special meeting," said Peter Liu, Chief Executive Officer at Sonim.

ISS Recommends FOR All Sonim Proxy Proposals at Special Meeting On June 28

Industry Leading, Ultra-rugged Devices Now Available at a Discount to T-Mobile First Responder Customers AUSTIN, Texas , June 23, 2022 /PRNewswire/ -- Sonim Technologies (Nasdaq: SONM) announced today that its ultra-rugged devices are now available with T-Mobile's Connecting Heroes program, a 10-year commitment launched in May 2020 to provide free and discounted service and 5G access to first responder agencies — all public and non-profit state and local fire, 911, police and emergency medical services (EMS) departments — saving them up to $7 billion. "First responders have and always will be a priority for Sonim," said Peter Liu, CEO, Sonim Technologies.

Sonim Devices Available for T-Mobile's Connecting Heroes Program

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Sonim Technologies, Inc (NASDAQ: SONM) won multiple additional purchase orders worth $6.4 million for stocking inventory of its upcoming XP5plus feature phone with enhanced PTT capabilities and next-generation XP10 5G rugged smartphone.  Sonim bagged the orders from a top U.S..

Here's Why Sonim Shares Are Trading Up Premarket

Orders Add to Prior XP5plus and XP10 Smartphone Stocking Orders for Summer and Fall 2022 AUSTIN, Texas , June 14, 2022 /PRNewswire/ -- Sonim Technologies (NASDAQ: SONM) today announced multiple additional purchase orders totaling $6.4 million for stocking inventory of Sonim's upcoming XP5plus feature phone with enhanced PTT capabilities and Sonim's next-generation XP10 5G rugged smartphone. The orders are from a top U.S. carrier customer and two Canadian carriers, adding to previously announced initial stocking orders for $9.5 million on these devices from a top U.S. carrier.

Sonim Receives Additional $6.4 Million in Initial Stocking Orders from US and Canadian Carriers

Sonim Moves into Large Semi-Rugged and Industrial Growth Markets Through Proposed Equity Transaction U.S. Carrier Orders for upcoming XP5 Plus and XP10 Smartphone AUSTIN, Texas , May 10, 2022 /PRNewswire/ -- Sonim Technologies, Inc.  (Nasdaq: SONM), a leading U.S. provider of ultra-rugged mobile devices, accessories and solutions designed specifically for task workers physically engaged in their work environments, reported financial results for the first quarter ended March 31, 2022. First Quarter 2022 and Recent Highlights Net revenues in the first quarter of 2022 were $13.3 million, an increase of 8.3% compared with $12.2 million in the first quarter 2021.

Sonim Reports First Quarter Financial Results

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Orders for Next Generation XP5 Plus and XP10 Smartphone in Summer and Fall 2022 AUSTIN, Texas , May 5, 2022 /PRNewswire/ -- Sonim Technologies (Nasdaq: SONM) today announced purchase orders totalling $9.5 million from a top U.S. carrier customer. The purchase orders cover initial stocking inventory for two of the company's next-generation ultra-rugged phones to be introduced in 2022 – the XP5 Plus feature phone with enhanced PTT capabilities and Sonim's next-generation XP10 5G rugged smartphone.

Sonim Announces Purchase Orders from Top US Carrier for Next-Generation Rugged Phones

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Entering Larger Semi-Rugged and Industrial 5G Growth Markets Peter Liu to Become Chief Executive Officer AUSTIN, Texas , April 14, 2022 /PRNewswire/ -- Sonim Technologies, Inc. (Nasdaq: SONM) ("Sonim" or the "Company"), a leading U.S. provider of ultra-rugged mobile devices, accessories and solutions designed specifically for task workers physically engaged in their work environments, today announced that it has entered into a subscription agreement with U.S.-based AJP Holding Company, LLC ("AJP") whereby, subject to the terms thereof, AJP will purchase a total of 20.8 million shares at a price of $0.84 per share and an aggregate purchase price of $17.5 million. Upon completion of the transaction, which is subject to stockholder approval and other customary closing conditions, AJP will own approximately 52% of Sonim's post-transaction outstanding capital stock based on an estimated 19.3 million shares outstanding prior to the transaction.

Sonim Announces Equity Transaction to Drive Growth and Expand Addressable Market

Top Rated, One-Touch Push-to-Talk Application Now Available for Easy, Reliable Communications for Frontline Workers AUSTIN, Texas, March 24, 2022 /PRNewswire/ -- Sonim Technologies  (Nasdaq: SONM) announced today that the Zello push-to-talk (PTT) application is now available on the low-cost, ultra-rugged XP3plus flip phone. Frontline workers in freight, retail, construction, manufacturing, field service, hospitality, and public safety rely heavily on seamless, instant communications throughout their workday.

Sonim and Zello Team Up to Deliver Push-to-Talk on the Rugged XP3plus Flip Phone

Additional New Carrier Devices Planned for Launch in 3Q 2022 AUSTIN, Texas, March 21, 2022 /PRNewswire/ --  Sonim Technologies, Inc.  (Nasdaq: SONM), a leading U.S. provider of ultra-rugged mobile devices, accessories and solutions designed specifically for task workers physically engaged in their work environments, reported financial results for the fourth quarter and full year ended December 31, 2021. Fourth Quarter 2021 and Recent Highlights Net revenues in the fourth quarter of 2021 were $15.9 million, an increase of 10.4% compared with $14.4 million in the third quarter 2021.

Sonim Reports Fourth Quarter and Full Year 2021 Financial Results

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