Sonim Technologies Confirms Receipt of Unsolicited Acquisition Interest from DOOGEE

Reuters

06-16

Sonim Technologies Confirms Receipt of Unsolicited Acquisition Interest from DOOGEE

Sonim Technologies Inc. has received an unsolicited indication of interest from DOOGEE to acquire all outstanding shares of Sonim for $3.60 per share in cash. The Special Committee of Sonim's Board of Directors is currently assessing the proposal and has requested more detailed information from DOOGEE, including financing arrangements and strategic rationale. Despite this new interest, Sonim remains committed to advancing its existing exclusive letter of intent toward a definitive agreement. Mike Mulica, Chair of the Special Committee, emphasized the importance of a focused and disciplined evaluation process to maximize stockholder value.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sonim Technologies Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 255605) on June 16, 2025, and is solely responsible for the information contained therein.

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The Special Committee of Sonim's Board of Directors is currently assessing the proposal and has requested more detailed information from DOOGEE, including financing arrangements and strategic rationale. Despite this new interest, Sonim remains committed to advancing its existing exclusive letter of intent toward a definitive agreement. Mike Mulica, Chair of the Special Committee, emphasized the importance of a focused and disciplined evaluation process to maximize stockholder value.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sonim Technologies Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 255605) on June 16, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SONM","symbol_name":"Sonim Technologies Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250616:nNDL9cpTpF:1","article_id":"2543677332","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2543677332","pubTimestamp":1750077067,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Sonim Technologies Inc. has received an unsolicited indication of interest from DOOGEE to acquire all outstanding shares of Sonim for $3.60 per share in cash. 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