Peter Liu Files SC 13D for Sonim Technologies
Ticker: SONM · Form: SC 13D · Filed: Oct 18, 2024 · CIK: 1178697
Sentiment: neutral
Topics: 13D-filing, ownership-change, activist-filing
Related Tickers: SONM
TL;DR
**SONM:** Peter Liu just filed a 13D. Big changes coming?
AI Summary
Peter Liu, through an entity, has filed a Schedule 13D for Sonim Technologies, Inc. (SONM) on October 18, 2024. The filing indicates a change in beneficial ownership of the company's common stock. Liu's address is listed as c/o Sonim Technologies, Inc. in San Diego, CA.
Why It Matters
This filing signals a potential shift in control or significant stake-building by Peter Liu in Sonim Technologies, which could influence the company's future strategic direction.
Risk Assessment
Risk Level: medium — Schedule 13D filings often indicate activist investor intentions or significant stake accumulation, which can lead to volatility and strategic shifts for the company.
Key Players & Entities
- Peter Liu (person) — Filing person and potential beneficial owner
- Sonim Technologies, Inc. (company) — Subject company
- 4445 Eastgate Mall, Suite 200, San Diego, CA 92121 (address) — Business and mailing address for Sonim Technologies and Peter Liu's notice address
- July 14, 2023 (date) — Date of event requiring filing
- 20241018 (date) — Filing date
FAQ
What is the specific percentage of Sonim Technologies' common stock beneficially owned by Peter Liu?
The provided text does not specify the exact percentage of Sonim Technologies' common stock beneficially owned by Peter Liu, only that a Schedule 13D filing was made.
What was the specific event on July 14, 2023, that required this Schedule 13D filing?
The provided text states July 14, 2023, as the 'Date of Event Which Requires Filing of This Statement' but does not detail the specific event.
Has Peter Liu previously filed a Schedule 13G for Sonim Technologies?
The filing text mentions 'If the filing person has previously filed a statement on Schedule 13G...' but does not confirm whether Peter Liu had done so.
Who are the legal representatives for Peter Liu in this filing?
William N. Haddad and Kirill Y. Nikonov of Venable LLP are listed as copies to receive notices and communications.
What is the CUSIP number for Sonim Technologies' common stock?
The CUSIP number for Sonim Technologies, Inc. common stock is 83548F 309.
Filing Stats: 2,002 words · 8 min read · ~7 pages · Grade level 11.1 · Accepted 2024-10-18 09:00:03
Key Financial Figures
- $0.001 — me of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securiti
- $17,500,000 — tock for an aggregate purchase price of $17,500,000 (or $8.4 per share). In accordance with
- $8.4 — egate purchase price of $17,500,000 (or $8.4 per share). In accordance with the Subs
- $4.188 — ember 18, 2022 at the exercise price of $4.188 per share. The Options vest over a four
Filing Documents
- formsc13d.htm (SC 13D) — 76KB
- ex99-5.htm (EX-99.5) — 14KB
- 0001493152-24-041507.txt ( ) — 92KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: October 18, 2024 Hao (Peter) Liu /s/ Hao (Peter) Liu Name: Hao (Peter) Liu