Welcome to our dedicated page for Sonim Technologies news (Ticker: SONM), a resource for investors and traders seeking the latest updates and insights on Sonim Technologies stock.
Sonim Technologies, Inc. (NASDAQ: SONM) generates news across two closely linked themes: its long-standing role in rugged mobile solutions for mission-critical users and its more recent strategic transition toward a DeFi-focused crypto trading platform business under the DNA X brand. The news feed for SONM captures company press releases, financial updates, and regulatory milestones that together document this evolution.
For readers following Sonim’s traditional business, news items include product launches and carrier partnerships for ultra-rugged smartphones, flip phones, and mobile hotspots. Recent announcements describe devices such as the XP Pro and XP3plus 5G, as well as the MegaConnect HPUE mobile hotspot, highlighting certifications with specialized public safety and mission-critical programs, and availability through tier one carriers in the United States, Canada, and Europe. These stories focus on durability, high-power connectivity, and features tailored to first responders, government agencies, and enterprise field workers.
Another major stream of SONM news relates to corporate strategy, transactions, and capital structure. Press releases and SEC-related communications report quarterly financial results, stockholder votes, reverse stock split implementation, capital raises, and the committed equity facility with Chardan Capital Markets LLC. A key topic is the asset sale to NEXA, under which Sonim agreed to sell substantially all assets of its rugged mobility business, with subsequent stockholder approval and expectations for closing.
News coverage also explains Sonim’s acquisition of DNA X LLC and its plans to rebrand the public company as DNA X, Inc. and focus on a decentralized finance trading protocol that automates trading on decentralized exchanges. Together, these updates provide investors and observers with a detailed, time-ordered view of how SONM is moving from a rugged device manufacturer toward a new business centered on the DNA X crypto trading platform.
By reviewing the SONM news page regularly, users can see how product developments, carrier relationships, financial performance, and strategic transactions intersect to shape the company’s trajectory and the future of the SONM listing.
Sonim Technologies (NASDAQ: SONM) has officially changed its corporate name to DNA X, Inc. following the previously announced asset sale to NEXA. The company will operate the DNA X digital asset trading platform acquired in December 2025. Proceeds from the transaction are expected to fund debt retirement and provide working capital for digital asset management operations. The firm will temporarily retain the SONM ticker, with a transition to DNAX planned in the near future. Further shareholder information will be provided in coming weeks.
Sonim Technologies (NASDAQ: SONM) announced that stockholders approved an Asset Purchase Agreement with NEXA on December 30, 2025, clearing the company to sell substantially all assets tied to its rugged mobile phone and hotspot business.
The transaction is expected to close in January 2026, with proceeds planned to retire debt and provide working capital for Sonim's newly acquired crypto trading platform, DNA X. After closing, the public company intends to rebrand as DNA X, Inc. and begin trading under ticker DNAX within 30 days.
Sonim Technologies (NASDAQ: SONM) filed a preliminary proxy statement on November 25, 2025 to call a Special Meeting of stockholders to vote on the proposed sale of substantially all of Sonim's assets to NEXA Mobility.
Under an asset purchase agreement dated July 17, 2025, NEXA would pay $15 million cash plus a potential $5 million earn-out, and assume Sonim's current liabilities. If approved, the transaction is expected to close as soon as practicable after the Special Meeting, subject to customary closing conditions.
Sonim is also pursuing a separate transaction involving its public company vehicle intended to increase stockholder value, but no assurance that transaction will be consummated.
Sonim Technologies (NASDAQ: SONM) reported Q3 2025 results and strategic actions on October 31, 2025. Revenue was $16.2M, up 45% sequentially, while GAAP net loss narrowed to $4.8M from $7.5M in Q2. Adjusted EBITDA improved to negative $2.0M. Cash was $2.1M, trade receivables $3.5M, and inventory $11.0M. Shareholders approved a 1-for-18 reverse split (effective Oct 27, 2025) and authorized shares increased to 1 billion. Sonim raised ~$4.8M net from equity offerings and entered a definitive agreement to sell substantially all assets to NEXA for $15M cash plus up to $5M earn-out, expected to close late Q4 2025.
Sonim Technologies (NASDAQ: SONM) has launched its new XP3plus 5G ultra-rugged flip phone on AT&T's network. The device is FirstNet certified, making it purpose-built for first responders, military, government, and enterprise users. Key features include a Qualcomm SM4450 5G chipset, enhanced 3000mAh removable battery offering up to 30 hours of talk time, 4GB RAM, and 32GB storage expandable to 512GB.
The phone comes in both camera and non-camera variants, features a 100dB+ ultra-loud speaker, and meets military-grade durability standards (MIL-STD-810H and IP68). It includes a comprehensive 3-year warranty and is designed for extreme environments, being waterproof up to five feet and operational from -4°F to 131°F.
Sonim Technologies (NASDAQ: SONM) reported Q2 2025 financial results, showing net revenue of $11.2 million, down 33% from Q1 2025. The company posted a GAAP net loss of $7.5 million compared to net income of $0.5 million in Q1. Key developments include tier-one carrier launches of XP Pro series and 5G flip phones, plus the debut of Sonim MegaConnect HPUE mobile hotspot.
Notably, Social Mobile agreed to acquire Sonim's assets for $15.0 million in cash, with potential additional $5.0 million earn-out. The deal is expected to close in Q4 2025. The company raised $5.4 million through stock sales and secured $7.1 million post-quarter through additional stock sales and debt issuance to support product launches.
Quarter-end financials show $2.0 million in cash, $2.9 million in receivables, and $9.9 million in inventory. Adjusted EBITDA remained at negative $3.2 million.
Sonim Technologies (NASDAQ: SONM) has announced the nationwide launch of its XP Pro ultra-rugged smartphone across major Canadian carriers including Bell, Telus, Rogers, and SaskTel. The device features exceptional durability with IP68, IPX9K, and MIL-STD-810H certifications, capable of withstanding 2-meter drops and submersion in water for up to one hour.
The XP Pro boasts a Snapdragon Gen 7 processor, 8GB RAM, 256GB storage (expandable to 2TB), and a 5000mAh battery. Key features include programmable glove-friendly buttons, dual loudspeakers with 100+ dB output, and advanced noise cancellation. The device comes with a 3-year comprehensive warranty and is designed for mission-critical professionals working in demanding environments.
[ "Device meets rigorous durability standards including IP68, IPX9K, and MIL-STD-810H certifications", "Extensive carrier availability across major Canadian networks (Bell, Telus, Rogers, SaskTel)", "Comprehensive 3-year warranty coverage", "Advanced specifications including 5G capability, 8GB RAM, and 256GB storage" ]Sonim Technologies (NASDAQ: SONM) has launched its flagship ultra-rugged smartphone, the XP Pro, on T-Mobile's network. The device is certified for T-Priority, T-Mobile's first 5G network slice dedicated to first responders and mission-critical users.
The XP Pro features include enhanced 5G connectivity powered by Qualcomm SM4450, military-grade durability (MIL-STD-810H), IP68 and IPX9K water resistance, programmable controls for Push-to-Talk functionality, a 5000mAh battery, and dual loudspeakers with 100dB+ output. The device comes with 8GB RAM, 256GB storage (expandable to 2TB), and is backed by a 3-year comprehensive warranty.
Sonim Technologies (NASDAQ: SONM) announced that shareholders have elected all five of the company's director nominees to its Board of Directors. The elected directors are Mike Mulica, Peter Liu, James Cassano, Jack Steenstra, and George Thangadurai.
This follows the company's recently announced definitive agreement with Social Mobile, where Social Mobile will acquire Sonim's assets and substantially all current liabilities for $20 million in an all-cash transaction, which includes a $5 million potential earn-out. The Board views these developments as validation of their initiatives to enhance stockholder value while ensuring Sonim's long-term success.
Sonim Technologies (NASDAQ: SONM) has entered into a definitive agreement to be acquired by Social Mobile in an all-cash transaction valued at $20 million, which includes a $5 million potential earn-out. The acquisition aims to expand Social Mobile's presence in the purpose-built enterprise mobility market by leveraging Sonim's expertise in mission-critical mobile solutions.
The transaction, approved by Sonim's Board of Directors, is expected to close in Q4 2025, subject to shareholder and regulatory approvals. The deal will combine Social Mobile's resources and enterprise mobility expertise with Sonim's foundation to enhance product portfolios and service capabilities.