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Sonim Technologies Public Entity Rebrands As DNA X, Inc., A Digital Asset Management Company

San Diego, California--(Newsfile Corp. - January 27, 2026) - Sonim Technologies (NASDAQ: SONM) announced today that it is being renamed DNA X, Inc. concurrent with the previously announced asset sale to NEXA® (formerly Social Mobile). The proceeds generated from this transaction are anticipated to fund debt retirement and provide working capital for the company's digital asset management operations.

Sonim Technologies Stockholders Approve Asset Sale to NEXA, Clearing Path for Strategic Transition

Stockholder approval enables closing of the Sonim asset sale in January 2026 NEXA to continue selling rugged phones and mobile hotspots under the Sonim brand Transaction allows Sonim to retire debt and provides working capital for new, independent business Public company to rebrand and focus exclusively on DNA X, a crypto trading platform San Diego, California--(Newsfile Corp. - December 31, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM) today announced that its stockholders approved the previously announced Asset Purchase Agreement with NEXA® (formerly Social Mobile) at a special meeting held on December 30, 2025. The approval authorizes Sonim to complete the sale of substantially all assets related to its rugged mobile phone and hotspot business.

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

Company announces Special Meeting of Stockholders to vote on proposed Asset Purchase Agreement San Diego, California--(Newsfile Corp. - November 25, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM) today announced the filing of a preliminary proxy statement with the U.S. Securities and Exchange Commission (the "SEC") in connection with a special meeting of stockholders ("Special Meeting") to consider and vote on the proposed sale of substantially all of Sonim's assets to NEXA Mobility NEXA (formerly Social Mobile). Asset Purchase Agreement On July 17, 2025, Sonim entered into an asset purchase agreement under which NEXA will acquire Sonim's assets and assume its current liabilities for a total consideration of $15 million, plus a potential $5 million earn-out, in an all-cash transaction.

Sonim Technologies Reports Third Quarter 2025 Financial Results

Revenue increased 45% sequentially in Q3 2025, driven by demand for new product portfolio and the successful launch of the MegaConnect HPUE mobile hotspot Net loss narrowed to $4.8 million as operating expense declined and sales improved Stockholders approved strategic initiatives including reverse stock split, share increase and reelection of Sonim Board nominees Balance sheet strengthened through capital raise and new financing initiatives San Diego, California--(Newsfile Corp. - October 31, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions for first responders, government, and enterprise, today announced its financial results for the third quarter ended September 30, 2025. "The third quarter of 2025 marked a pivotal transition for Sonim as we began to see the results of our strategic focus with the new portfolio," said Peter Liu, Chief Executive Officer of Sonim Technologies.