UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF
THE
SECURITIES EXCHANGE ACT OF 1934
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| Filed by a Party other than the Registrant |
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Preliminary Proxy Statement |
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Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
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Definitive Proxy Statement |
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Definitive Additional Materials |
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Soliciting Material under §240.14a-12 |
SONIM TECHNOLOGIES, INC.
(Name of Registrant as Specified in its Charter)
AJP HOLDING COMPANY, LLC
ORBIC NORTH AMERICA, LLC
JEFFREY WANG
PARVEEN NARULA
ASHIMA NARULA
DOUGLAS B. BENEDICT
JOSEPH M. GLYNN
GREGORY MARK JOHNSON
SUREN SINGH
MICHAEL WALLACE
(Name of Person(s) Filing Proxy Statement,
if other than the Registrant)
Payment of Filing Fee (Check all boxes that apply):
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Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. |
AJP Holding Company, LCC (“AJP”) and Orbic
North America, LLC (“Orbic”), issued the following press release.
P R E S S R E L E A S E
GLASS LEWIS & CO. RECOMMENDS STOCKHOLDERS
SUPPORT AJP/ORBIC’S CAMPAIGN FOR REAL AND IMMEDIATE BOARD CHANGE AT SONIM TECHOLOGIES
Hauppauge, New York--(Newsfile Corp. - July
14, 2025) - Orbic North America, LLC (“Orbic”), an international leader in mobile technology innovation, today announced
that leading, independent proxy advisory firm Glass Lewis & Co. (“Glass Lewis”) has recommended that stockholders of Sonim
Technologies, Inc. (“Sonim”) support immediate and meaningful boardroom change by voting “FOR” the election
of three director candidates (Joseph M. Glynn, Surendra Singh and Michael Wallace) proposed by AJP Holding Company, LLC (“AJP”)
and Orbic on the BLUE proxy card. Glass Lewis is a highly respected corporate governance, research and proxy voting advisory
firm that regularly analyzes and publishes recommendations on stockholder voting.
In response to the Glass Lewis recommendation, Orbic
stated:
“Glass Lewis report highlights the compelling
position that AJP and Orbic have made through this campaign for change at Somin – that the current Board must be held accountable
for it’s track record of prolonged value destruction, poor capital management, misaligned compensation practices and entrenchment
activities. Glass Lewis also noted the lack of transparency displayed by Sonim throughout its strategic evaluation process and highlighted
that stockholders should be cautious when evaluating the true merits of Sonim’s proposed asset sale to Social Mobile and contemplated
reverse merger transaction. Further, Glass Lewis noted the demonstratable strengths of the three recommended AJP/Orbic nominees, including
Messrs. Glynn and Wallace’s deep industry expertise and Mr. Singh’s knowledge and experience in software, artificial intelligence
and cloud infrastructure. AJP and Orbic believe now more than ever that decisive, immediate change is necessary at Sonim and that the
best way to achieve this is by supporting all five of AJP/Orbic’s highly qualified nominees.
The outcome of the 2025 Annual Meeting will determine
whether stockholders will continue to be subject to an underperforming, entrenched and self-interested board of directors and management
team or will have a new group of professional leaders that will breathe life into Sonim. AJP and Orbic are seeking your support to reconstitute
the Board of Sonim with independent, experienced directors who will prioritize stockholder value over self-preservation. This is your
chance to take back control and install a Board that works FOR YOU, NOT AGAINST YOU!”
AJP and Orbic need your help to unseat Sonim’s
incumbent board of directors by electing the AJP/ORBIC NOMINEES. IF YOU HAVE ALREADY VOTED THE WHITE CARD, IT IS NOT TOO LATE
TO CHANGE YOUR VOTE! VOTE YOUR SHARES ON THE BLUE PROXY CARD IN FAVOR OF THE AJP/ORBIC NOMINEES.
YOUR VOTE IS IMPORTANT NO MATTER HOW FEW SHARES
OF SONIM STOCK YOU OWN. THE AJP/ORBIC PARTIES URGE YOU TO SIGN, DATE AND RETURN THE BLUE UNIVERSAL PROXY CARD OR BLUE VOTING INSTRUCTION
FORM TODAY TO VOTE “FOR” EACH OF DOUGLAS B. BENEDICT, JOSEPH M. GLYNN,
GREGORY M. JOHNSON, SURENDRA SINGH AND MICHAEL WALLACE TO BE ELECTED TO THE SONIM BOARD OF DIRECTORS, “WITHHOLD” ON
THE ELECTION OF THE OPPOSED SONIM NOMINEES AND “AGAINST” THE COMPANY’S EQUITY INCENTVE PLAN PROPOSAL AND “AGAINST”
THE ADVISORY APPROVAL OF THE COMPANY’S EXECUTIVE COMPENSATION PROPOSAL.
If you have any questions or need any assistance
in voting your shares on the BLUE card, please contact our proxy solicitor, Alliance Advisors.
Alliance Advisors LLC
150 Clove Rd., #400
Little Falls Township, NJ 07424
Stockholders Call Toll Free: (833) 218-3964
E-mail: orbic@allianceadvisors.com
Voting closes July 17, 2025 at 11:59PM Eastern
Time
About Orbic
Orbic, a U.S.-headquartered technology company
based in New York, reimagines the connected experience by thinking outside of the mainstream. Using best-in-class technology, Orbic provides
meaningful features to customers seeking something unique and accessible to all, without exclusion. As a leader in developing and manufacturing
innovative mobile solutions for smart, value-tech consumers, Orbic offers a full portfolio of connected solutions from smartphones and
tablets to mobile hotspots and connected laptops. Orbic’s extensive global ecosystem of partners, suppliers, and carriers ensures
that their products deliver exceptional value and performance, making high-quality technology accessible to a wider audience. For more
information, visit www.orbic.us.
Important Information and Where to Find
It
The AJP/Orbic Parties
have filed with the SEC a definitive proxy statement on Schedule 14A, containing a form of BLUE proxy card, with respect
to its solicitation of proxies for the 2025 Annual Meeting of Stockholders.
Stockholders are strongly
encouraged to read the Company’s definitive proxy statement (including any amendments or supplements thereto) and any other documents
filed or to be filed with the SEC carefully and in their entirety when they become available because they contain or will contain important
information.
You may obtain a free
copy of the AJP/Orbic Parties’ proxy statement and any additional soliciting materials that they file with the SEC at the SEC’s
website at www.sec.gov, or by contacting Alliance Advisors at the address and phone number indicated above.
Participants in Solicitation
AJP Holding Company,
LLC, Orbic North America, LLC, Jeffrey Wang, Parveen Narula, Ashima Narula and their director nominees –Douglas Benedict, Joseph
Glynn, Gregory Johnson, Suren Singh, and Michael Wallace – under SEC rules, may be deemed to be participants in the solicitation
of proxies of Sonim’s stockholders in connection with the election of directors at Sonim’s 2025 Annual Meeting to Sonim’s
stockholders.
Stockholders may obtain
more detailed information regarding AJP/Orbic’s director nominees, under the captions “Questions and Answers Relating to this
Proxy Solicitation” and Certain Information Regarding the Participants” of the AJP/Orbic Parties’ definitive
proxy statement for the 2025 Annual Meeting filed with the SEC on June 24, 2025.
Investor Contact:
Adam Riches
Alliance Advisors
Orbic@allianceadvisors.com
