Sonim

Sonim Set to Seize Market Opportunity Amidst Bullitt Exit

Retrieved on: 
Wednesday, February 21, 2024
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Sonim presents immediate solution to fill Bullitt void at MWC Barcelona with superior solutions, by appointment only

Key Points: 
  • Chuck Becher, Chief Commercial Officer at Sonim, says: "For nearly two decades, Sonim has been a trusted name in the rugged phone sector, offering solutions that outperform standard consumer phones.
  • Simon Rayne, SVP and GM of EMEA and APAC at Sonim, adds: "Sonim already has a footprint in Europe, and this expansion comes at an opportune time.
  • Sonim's European presence and staffing enable the company to provide prompt solutions to former Bullitt partners, operators, and customers.
  • Schedule a meeting with the Sonim team at the Mobile World Congress in Barcelona, Feb 26-29, in Hall 3, PMR 3B23Ex.

Sonim Technologies to Present at The Microcap Conference

Retrieved on: 
Tuesday, January 30, 2024
SONM, Interest, Conference, Sonim

San Diego, California--(Newsfile Corp. - January 30, 2024) - Sonim Technologies (NASDAQ: SONM), today announced that it will be participating in The Microcap Conference, which will take place January 30, 31, February 1, 2024 at Caesars Atlantic City Hotel & Casino in Atlantic City, NJ.

Key Points: 
  • San Diego, California--(Newsfile Corp. - January 30, 2024) - Sonim Technologies (NASDAQ: SONM), today announced that it will be participating in The Microcap Conference, which will take place January 30, 31, February 1, 2024 at Caesars Atlantic City Hotel & Casino in Atlantic City, NJ.
  • Peter Liu, Chief Executive Officer, and Clay Crolius, Chief Financial Officer, will be presenting on January 31 & February 1, 2024.
  • Members of the Sonim management team will also be conducting one-on-one meetings throughout the conference.
  • To register to attend The Microcap Conference, follow this link .

Sonim Hits Another Milestone: Tier-One Carrier in Australia Selects Premium Mobile Hotspot for 2024 Lineup

Retrieved on: 
Monday, September 18, 2023
SONM, SRS, Antirrhinum, Qualcomm, Original equipment manufacturer, IP, RPD, Weather, MAK Technologies, Inc., SVP, Cable television, Sonim

This new commitment signals Sonim's successful market penetration into Australia and propels its growth trajectory for 2024.

Key Points: 
  • This new commitment signals Sonim's successful market penetration into Australia and propels its growth trajectory for 2024.
  • "This latest adoption by another major carrier is a powerful endorsement of our innovative business model and mission to disrupt the industry.
  • This most recent commitment further solidifies our three-pronged growth strategy - enhancing carrier partnerships, diversifying our product portfolio, and broadening our global presence.
  • Our premium mobile hotspot unites global 5G bands with advanced design features such as SRS antenna switching and a robust rechargeable battery.

Sonim Gears for Dynamic Growth in 2024: New Customer Agreement Propels Launch of Premium-tier Mobile Hotspot

Retrieved on: 
Wednesday, September 13, 2023
SONM, SRS, Qualcomm, RPS, Original equipment manufacturer, Sonim, IP, CCO, Mobile phone

Tier-one carrier in North America selects Sonim's premium tier mobile hotspot, targeting consumers and business customers for its 2024 lineup

Key Points: 
  • "We're proud to announce the early market acceptance of our new premium 5G mobile hotspot, a key addition to our expanding portfolio strategy," states Chuck Becher, CCO of Sonim Technologies.
  • "The commitment from a tier-one North American carrier to launch our device for all of its customer channels in 2024 is a testament to our relentless drive for innovation and customer-centric focus.
  • This development underscores our commitment to expanding our market presence by redefining connectivity standards."
  • The new premium mobile hotspot combines 5G global bands with advanced performance design features such as SRS antenna switching and a powerful rechargeable battery.

RAJANT AND CROSSOVER VALUE-ADD DISTRIBUTION PARTNERSHIP EXPANDS CANADA FOOTPRINT FOR KINETIC MESH INDUSTRIAL WIRELESS NETWORKING

Retrieved on: 
Wednesday, July 26, 2023
Maintenance, Communication, Crossover, Bread, Kinetic, Voice over IP, Engineering, Mining, Mobile, Radio, City, NORCAT, Mobile phone, Sonim

Malvern, Pennsylvania (USA), July 26, 2023 (GLOBE NEWSWIRE) -- Rajant Corporation , the pioneer of Kinetic Mesh® wireless networks headquartered in Malvern, Pennsylvania, entered a strategic distribution agreement with Crossover Distribution last year.

Key Points: 
  • Malvern, Pennsylvania (USA), July 26, 2023 (GLOBE NEWSWIRE) -- Rajant Corporation , the pioneer of Kinetic Mesh® wireless networks headquartered in Malvern, Pennsylvania, entered a strategic distribution agreement with Crossover Distribution last year.
  • Crossover is a leading wireless solutions provider skilled in design and engineering expertise to support North America.
  • Crossover Executive Vice President Darin Gibbons says, “Rajant is a complement to other technologies in the Crossover portfolio.
  • “With Rajant Kinetic Mesh networking, Crossover now offers its clients a solution with total mobility, autonomous adaptability, and mission-critical reliability.

NextNav Inc. Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Wednesday, March 22, 2023
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MCLEAN, Va., March 22, 2023 /PRNewswire/ -- NextNav Inc. (NASDAQ: NN) ("NextNav" or the "Company"), a leader in next generation GPS and 3D geolocation, today reported financial results for NextNav's fourth quarter and full year ended December 31, 2022.

Key Points: 
  • Signs New Device Agreements with Leading Providers, Including Sonim Technologies
    MCLEAN, Va., March 22, 2023 /PRNewswire/ -- NextNav Inc. (NASDAQ: NN) ("NextNav" or the "Company"), a leader in next generation GPS and 3D geolocation, today reported financial results for NextNav's fourth quarter and full year ended December 31, 2022.
  • We successfully completed the acquisition of Nestwave, now known as NextNav France, in October 2022 and expect to begin testing initial implementations of the combined technologies in the coming months.
  • Based on progress to date, NextNav expects to have initial implementations of the combined technologies ready for internal testing in the second quarter of 2023.
  • NextNav will host a conference call for analysts and investors at 5:00 PM ET on March 22, 2023, to discuss its financial results for the fourth quarter and Full Year 2022 and business outlook.

Sonim Completes Second Closing of Growth Equity Transaction

Retrieved on: 
Tuesday, August 9, 2022
U.S. Securities and Exchange Commission, Multimedia, Risk, ODM, O'Melveny & Myers, Industry, Forward-looking statement, Private Securities Litigation Reform Act, LLC, Security (finance), Annual report, AT, Human, Rogers, Nasdaq, COVID-19, Company, View, Venable LLP, Public sector, AJP, Solution, Common stock, Telus Mobility, Efficiency, AT&T, Myers, Online shopping, Sonim

AUSTIN, Texas, Aug. 9, 2022 /PRNewswire/ -- Sonim Technologies, Inc. (Nasdaq: SONM) ("Sonim" or the "Company"), a leading U.S. provider of ultra-rugged mobile devices, accessories, and solutions designed specifically for task workers physically engaged in their work environments, today announced that on August 8, 2022, it closed the second tranche of its subscription agreement with U.S.-based AJP Holding Company, LLC ("AJP") whereby AJP has now purchased an aggregate of $17.5 million in Sonim equity at a price of $0.84 per share.

Key Points: 
  • The second closing included approximately 5.9 million shares of Common Stock for an aggregate purchase price of $5.0 million in gross proceeds.
  • The first closing, completed in July 2022, included the purchase of approximately 14.9 million shares of Common Stock for an aggregate purchase price of $12.5 million.
  • B. Riley Securities, Inc. is serving as financial advisor to Sonim Technologies in the transaction and O'Melveny & Myers LLP is serving as legal counsel to the Company.
  • Sonim cautions you not to place undue reliance on forward-looking statements, which speak only as of the date hereof.

Sonim Technologies Launches New XP5plus Rugged Device with AT&T

Retrieved on: 
Friday, July 15, 2022
SONM, First Responder Network Authority, CEO, AJP, Security (finance), Solution, Risk, AT, Nasdaq, Communication, Safety, U.S. Securities and Exchange Commission, RSM, Private Securities Litigation Reform Act, Forward-looking statement, Ownership, First, Life, Multimedia, Industry, COVID-19, PTT, Annual report, City, LTE, Royal, AT&T, Mobile phone, Online shopping, Sonim

The new XP5plus is purpose-built for critical communications and includes many features that enhance the Push-to-Talk (PTT) experience.

Key Points: 
  • The new XP5plus is purpose-built for critical communications and includes many features that enhance the Push-to-Talk (PTT) experience.
  • With longer battery life and a larger screen, the XP5plus raises the bar on what a device can do.
  • Third-party tested and validated to MIL-STD-810H, this rugged device is drop proof and waterproof and will thrive in the most punishing conditions.
  • The XP5plus does not disappointwith Goodix echo and noise cancellation technology built into the new 100dB+ speakers.

Sonim Completes First Closing of Growth Equity Transaction

Retrieved on: 
Wednesday, July 13, 2022
ODM, Security (finance), U.S. Securities and Exchange Commission, LLC, Annual report, Solution, Attention, Company, Common stock, Nasdaq, Telus Mobility, Myers, AT, Tier 1, COVID-19, Human, Public sector, O'Melveny & Myers, Risk, Private Securities Litigation Reform Act, AT&T, Smartphone, Venable LLP, Forward-looking statement, AJP, Industry, Rogers, Efficiency, Sonim

AUSTIN, Texas, July 13, 2022 /PRNewswire/ -- Sonim Technologies, Inc. (Nasdaq: SONM) ("Sonim" or the "Company"), a leading U.S. provider of ultra-rugged mobile devices, accessories and solutions designed specifically for task workers physically engaged in their work environments, today announced that it has closed the first tranche of its subscription agreement with U.S.-based AJP Holding Company, LLC ("AJP") whereby AJP will ultimately purchase an aggregate of $17.5 million in Sonim equity at a price of $0.84 per share.

Key Points: 
  • The first closing includes the purchase of approximately 14.9 million shares of Common Stock for an aggregate purchase price of $12.5 million.
  • The second closing, for approximately 5.9 million shares of Common Stock for an aggregate purchase price of $5.0 million, is expected to occur on or around August 1, 2022.
  • B. Riley Securities, Inc. is serving as financial advisor to Sonim Technologies in the transaction and O'Melveny & Myers LLP is serving as legal counsel to the Company.
  • Sonim cautions you not to place undue reliance on forward-looking statements, which speak only as of the date hereof.

ISS Recommends FOR All Sonim Proxy Proposals at Special Meeting On June 28

Retrieved on: 
Thursday, June 23, 2022
SONM, SEC, Investor relations, Multimedia, Institutional Shareholder Services, AT, First, TO, First Responder Network Authority, AT&T, SEC filing, Suite, ISS, BY, Human, Telus Mobility, FOR, Telephone, Nasdaq, T-Mobile, Reverse stock split, View, Proxy, Public sector, Security (finance), Sonim, Ownership

"We are pleased to have the support of ISS on all four of the matters to be voted at our upcoming special meeting," said Peter Liu, Chief Executive Officer at Sonim.

Key Points: 
  • "We are pleased to have the support of ISS on all four of the matters to be voted at our upcoming special meeting," said Peter Liu, Chief Executive Officer at Sonim.
  • The Sonim special meeting will be held on June 28, 2022 at 9:00 a.m. local time at 1875 South Grant Street, Suite 770, San Mateo, California 94402.
  • The special meeting ballot includes four proposals, all of which ISS recommends voting FOR.
  • Sonim filed with the SEC a definitive proxy statement on Schedule 14A on May 23, 2022, containing a proxy card, and other relevant documents with respect to its solicitation of proxies for the Sonim special meeting.