Sonim Technologies INC 8-K Filing
Ticker: SONM · Form: 8-K · Filed: Dec 18, 2025 · CIK: 1178697
Sentiment: neutral
Filing Stats: 3,520 words · 14 min read · ~12 pages · Grade level 15.7 · Accepted 2025-12-18 08:55:25
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share SONM The Nasdaq Stock Mar
- $1,200,000 — ote in the original principal amount of $1,200,000 (the "DNA Note"), in a private placemen
- $600,000,000 — i) aggregate trading volume of at least $600,000,000 or (ii) aggregate revenues of at least
- $1,000,000 — or (ii) aggregate revenues of at least $1,000,000 per day, DNA Holdings will have the rig
- $5.50 — tock, at an initial conversion price of $5.50 per share (the "Minimum Price" as defin
- $1 — onversion price cannot be reduced below $1.10, and no adjustment to the conversion
- $3,300,000 — ote in the original principal amount of $3,300,000 (the "Original Note"). On December 16
- $629,640 — e") in the original principal amount of $629,640 (the "Exchange Amount") and then cause
- $4 — ctive price per Exchange Share equal to $4.24, which is below the "Minimum Price"
- $2.3 million — inal Note) was reduced to approximately $2.3 million. The Exchange Agreement contains repr
- $150,000 — ock in consideration of the exchange of $150,000 of the Note. The exchange was effected
- $180,000 — ock in consideration of the exchange of $180,000 of the Note. The exchange was effected
Filing Documents
- form8-k.htm (8-K) — 110KB
- ex4-1.htm (EX-4.1) — 124KB
- ex10-1.htm (EX-10.1) — 220KB
- ex10-2.htm (EX-10.2) — 86KB
- ex10-3.htm (EX-10.3) — 39KB
- 0001493152-25-028292.txt ( ) — 852KB
- sonm-20251215.xsd (EX-101.SCH) — 3KB
- sonm-20251215_lab.xml (EX-101.LAB) — 33KB
- sonm-20251215_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
01 to the extent applicable is hereby incorporated by reference herein
Item 1.01 to the extent applicable is hereby incorporated by reference herein. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information contained above under the heading " Note Offering and Purchase of Membership Interest " in
01 to the extent applicable is hereby incorporated by reference herein
Item 1.01 to the extent applicable is hereby incorporated by reference herein. Item 3.02 Unregistered Sales of Equity Securities. The information contained above under the headings " Membership Interest Purchase Agreement " and " Exchange Agreement " in Item 1.01 to the extent applicable is hereby incorporated by reference herein. 5 Set forth below is information regarding equity securities issued by the Company following the fiscal quarter ended on September 30, 2025. Also included is the consideration received by the Company for such shares and information relating to the section of the Securities Act, or rule of the SEC, under which exemption from registration was claimed. The information below is retroactively adjusted to reflect the 1-for-18 reverse stock split that became effective on October 27, 2025. October 6, 2025 13,041 shares of common stock in consideration of the exchange of $150,000 of the Note. The exchange was effected at the "Minimum Price" as defined in Nasdaq Listing Rule 5635(d) Section 3(a)(9) of the Securities Act Streeterville Capital, LLC October 31, 2025 16,187 shares of common stock in consideration of the exchange of $180,000 of the Note. The exchange was effected at the "Minimum Price" as defined in Nasdaq Listing Rule 5635(d) Section 3(a)(9) of the Securities Act Streeterville Capital, LLC November 7, 2025 13,071 shares of common stock in consideration of the exchange of $150,000 of the Note. The exchange was effected at the "Minimum Price" as defined in Nasdaq Listing Rule 5635(d) Section 3(a)(9) of the Securities Act Streeterville Capital, LLC November 17, 2025 18,423 shares of common stock in consideration of the exchange of $180,000 of the Note. The exchange was effected at the "Minimum Price" as defined in Nasdaq Listing Rule 5635(d) Section 3(a)(9) of the Securities Act Streeterville Capital, LLC December 3, 2025 27,932 shares of common stock in consideration of the exchange of $150,000
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SONIM TECHNOLOGIES, INC. Date: December 18, 2025 By: /s/ Clay Crolius Name: Clay Crolius Title: Chief Financial Officer 8