Sonim Technologies Files 2024 Proxy Statement

TL;DR

Sonim Proxy Statement filed for June 20th meeting. Vote your shares!

AI Summary

Sonim Technologies, Inc. filed its definitive proxy statement for the 2024 Annual Meeting of Stockholders, scheduled for June 20, 2024. The filing outlines the company's governance and proposals to be voted on by shareholders. No filing fee was required for this statement.

Why It Matters

This filing provides shareholders with crucial information regarding company management, board nominations, and other important proposals, enabling them to make informed voting decisions at the upcoming annual meeting.

Risk Assessment

Risk Level: low — This is a routine proxy filing providing information to shareholders and does not contain new financial or operational risks.

Key Players & Entities

• Sonim Technologies, Inc. (company) — Registrant
• June 20, 2024 (date) — Annual Meeting Date

FAQ

Key Financial Figures

• $1.235 billion — h we have total annual gross revenue of $1.235 billion; (2) December 31, 2024 (the last day
• $1.0 billion — date on which we have issued more than $1.0 billion in non-convertible debt during the prio
• $700 million — that is held by non-affiliates exceeds $700 million as of the last business day of our most

Filing Documents

• formdef14a.htm (DEF 14A) — 1107KB
• formdef14a_001.jpg (GRAPHIC) — 6KB
• formdef14a_002.jpg (GRAPHIC) — 3KB
• proxy_001.jpg (GRAPHIC) — 4KB
• proxy_002.jpg (GRAPHIC) — 3KB
• proxy_003.jpg (GRAPHIC) — 3KB
• proxy_004.jpg (GRAPHIC) — 2KB
• proxy_005.jpg (GRAPHIC) — 1KB
• 0001493152-24-022640.txt ( ) — 1139KB

From the Filing

DEF 14A 1 formdef14a.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under §240.14a-12 Sonim Technologies, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 Sonim Technologies, Inc. 4445 Eastgate Mall, Suite 200 San Diego, CA 92121 Notice of 2024 Annual Meeting and Proxy Statement Date and Time: Thursday, June 20, 2024 9:00 a.m., Pacific Time Location: Participate virtually at www.proxydocs.com/SONM Sonim Technologies, Inc. 4445 Eastgate Mall, Suite 200 San Diego, CA 92121 NOTICE OF 2024 ANNUAL MEETING OF STOCKHOLDERS Date and Time: Thursday, June 20, 2024 9:00 a.m., Pacific Time Virtual Meeting: Participate online at www.proxydocs.com/SONM Record Date: Close of business on May 30, 2024 To our Stockholders: Sonim Technologies, Inc. (“Sonim,” the “Company,” or “we”) will hold its 2024 Annual Meeting of Stockholders (the “Annual Meeting”) on Thursday, June 20, 2024, at 9:00 a.m., Pacific Time. To provide the opportunity for participation by a broader group of stockholders and provide a consistent and convenient experience to all stockholders regardless of location, the Annual Meeting will be held in a virtual-only meeting format. Stockholders will not be able to physically attend the Annual Meeting. If you are a registered stockholder or beneficial owner of our common stock at the close of business on May 30, 2024, the record date of our Annual Meeting, you may attend the virtual meeting, submit questions and vote your shares electronically during the meeting via live audio webcast by visiting www.proxydocs.com/SONM and using the 12-digit control number included on your proxy card or voting instruction form. At the Annual Meeting, holders of our outstanding shares of common stock will be asked to consider and vote upon the following proposals: 1. To elect the five (5) nominees as directors of the Company, each to hold office until the 2025 annual meeting of stockholders and until his or her successor is duly elected and qualified or until his or her earlier death, resignation, or removal; 2. To ratify the appointment of Moss Adams LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2024; 3. To approve an amendment to the Sonim Technologies, Inc. 2019 Equity Incentive Plan, as amended, to increase the aggregate number of shares of common stock authorized for issuance by 3,000,000 shares; 4. To approve an amendment to our certificate of incorporation to effect a reverse split stock of our outstanding common stock at a ratio of not less than 1-for-2 and not greater than 1-for-15, with the exact ratio to be set within that range at the discretion of our board of directors and with such action to be effected at such time and date, if at all, as determined by the board of directors prior to the one-year anniversary of the date on which the reverse stock split is approved by our stockholders at the Annual Meeting without further approval or authorization of our stockholders (the “Reverse Stock Split Proposal”); 5. To approve an amendment to our certificate of incorporation to increase the number of authorized shares of our common stock from 100,000,000 shares to 200,000,000 shares with such action to be effected at such time and date, if at all, as determined by the board of directors prior to the one-year anniversary of the date on which such increase is approved by our stockholders at the Annual Meeting without further approval or authorization of our stockholders (the “Authorized Shares Proposal”); 6. To approve an amendment to our certificate of incorporation to limit the liability of certain officers, as permitted by recent amendments to Delaware law; 7. To transact any other business properly brought before the Annual Meeting or any postponement or adjournment thereof. You may vote on these matters virtually or by proxy. Each outstanding share of our common stock is entitled to one vote. Whether or not you plan to virtually attend the Annual Meeting, we ask that you vote by one of the following methods to ensure that your shares will be represented at the meeting in accordance with your wishes (see “ How do I vote? ” on page 3 in the accompan

View Full Filing

View this DEF 14A filing on SEC EDGAR