Sonim Technologies Files Registration Statement for Share Resale
MT Newswires Live
Jul 10, 2025
Sonim Technologies (SONM) filed a registration statement Wednesday for the resale of up to 1.7 million shares by selling stockholders.
The filing covers 550,000 shares issuable on exercise of certain common stock purchase warrants at $1.3864 per share, according to the company.
The company said it will not receive any proceeds from the sale of shares, and $760,000 from the exercise of warrants will be used for general corporate purposes.
Shares of Sonim were down 1.4% in recent after-hours activity.
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