
Sonim Technologies Files Preliminary Proxy Statement, Advancing Asset Purchase by NEXA Mobility

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Sonim Technologies has filed a preliminary proxy statement with the SEC for a special stockholders' meeting to vote on the proposed sale of its assets to NEXA Mobility for $15 million plus a potential $5 million earn-out. The meeting details will be provided in definitive proxy materials. Sonim is also pursuing a separate transaction to increase stockholder value. The transaction is subject to customary closing conditions and stockholder approval.
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