[SCHEDULE 13G] Sonim Technologies, Inc. SEC Filing

Rhea-AI Filing Summary

L1 Capital Global Opportunities Master Fund, Ltd. has filed a Schedule 13G reporting a 1,000,000-share position in Sonim Technologies, Inc. (SONM) as of 2 July 2025. The holding represents 7.28 % of Sonim’s outstanding common stock, based on 13,733,657 shares referenced in Sonim’s 1 July 2025 prospectus. The fund has sole voting and dispositive power over the entire stake and declares passive intent under Rule 13d-1(c), indicating no current plan to influence control of the issuer. Directors David Feldman and Joel Arber are named as potential indirect beneficial owners but disclaim ownership for other purposes.

Positive

• L1 Capital Global Opportunities Master Fund, Ltd. now owns 1,000,000 shares (7.28 %) of SONM, introducing a substantial institutional investor to the shareholder base.

Negative

• None.

Insights

Securities Analyst

TL;DR – 7.28 % passive stake by L1 Capital adds notable institutional support.

The disclosure puts a recognized global opportunities fund on Sonim’s register at above the 5 % materiality threshold. A position of one million shares signals confidence in the company’s risk-return profile and can enhance trading liquidity. Because the filing is on Schedule 13G, it is deemed passive, lessening immediate concerns about activist agendas. For a micro-cap with fewer than 14 million shares outstanding, a single holder at 7.3 % can materially influence future vote outcomes—even without activism—so investors should note the new concentration of ownership.

Corporate Governance Specialist

TL;DR – New 7 % holder changes ownership landscape but remains passive.

From a governance viewpoint, L1 Capital’s declaration of passive intent under Rule 13d-1(c) limits immediate control implications. The firm controls all voting and disposal rights over its stake, yet expressly certifies no intent to influence management. While this reduces potential conflict, the fund’s size gives it leverage in any shareholder vote, raising Sonim’s need for ongoing engagement with the holder. No group affiliation or additional parties are disclosed, simplifying the ownership structure.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Sonim Technologies, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

83548F309

(CUSIP Number)

07/02/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 83548F309

1

Names of Reporting Persons

L1 Capital Global Opportunities Master Fund, Ltd.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,000,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,000,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,000,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.28 %

12

Type of Reporting Person (See Instructions)

FI

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Sonim Technologies, Inc.
(b)	Address of issuer's principal executive offices: 4445 Eastgate Mall, Suite 200, San Diego, CA 92121
Item 2.
(a)	Name of person filing: L1 Capital Global Opportunities Master Fund, Ltd.
(b)	Address or principal business office or, if none, residence: 161A Shedden Road, 1 Artillery Court, PO Box 10085 Grand Cayman, Cayman Islands KY1-1001
(c)	Citizenship: Cayman Islands
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 83548F309
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1,000,000
(b)	Percent of class: 7.28%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1,000,000 The amounts in Row (5), (7) and (9) represent 1,000,000 shares of Common Stock. The percentage set forth on Row (11) of the cover page for the reporting person is based on 13,733,657 shares of Common Stock outstanding immediately after the offering, based on the Issuer's Prospectus under Rule 424(b)(4) filed with the Securities and Exchange Commission on July 1, 2025 and Current Report on Form 8-K filed with the Securities and Exchange Commission on July 2, 2025. David Feldman and Joel Arber are the Directors of L1 Capital Global Opportunities Master Fund, Ltd. As such, L1 Capital Global Opportunities Master Fund, Ltd., Mr. Feldman, and Mr. Arber may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the issuer's securities described herein. To the extent Mr. Feldman and Mr. Arber are deemed to beneficially own such securities, Mr. Feldman and Mr. Arber disclaim beneficial ownership of these securities for all other purposes.
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 1,000,000
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

L1 Capital Global Opportunities Master Fund, Ltd.

Signature:	/s/ David Feldman
Name/Title:	David Feldman, Director
Date:	07/07/2025

FAQ

How many Sonim (SONM) shares does L1 Capital own?

The fund beneficially owns 1,000,000 common shares.

What percentage of Sonim’s outstanding stock does this represent?

The holding equals 7.28 % of the outstanding common stock.

Is L1 Capital acting as an activist investor in SONM?

No. The Schedule 13G filing type and certification state the stake is passive with no intent to influence control.

Does L1 Capital share voting or dispositive power with others?

No. It reports sole voting and dispositive power over all 1,000,000 shares.

Who signed the Schedule 13G for L1 Capital?

Director David Feldman signed the filing on 7 July 2025.

Where is L1 Capital Global Opportunities Master Fund incorporated?

The fund is incorporated in the Cayman Islands.