AUSTIN,
Texas, June 23, 2022 /PRNewswire/ -- Sonim
Technologies (Nasdaq: SONM) today announced that proxy
advisory firm Institutional Shareholder Services (ISS) has
recommended that stockholders entitled to vote at the special
meeting of stockholders to be held June
28 vote FOR all proposals.
"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. "We encourage all stockholders to make their voice heard
by voting on these matters. We have provided for efficient and
effective voting by phone and online, which are the best ways to
ensure your vote is recorded prior to the meeting."
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.
Stockholders can vote in advance and do not need to be present at
the meeting.
A stockholder of record that has not yet submitted a proxy can
still vote by telephone at 1-800-690-6903 or online at
www.proxyvote.com prior to 11:59 p.m.
Pacific Time on June 27, 2022,
the day before the special meeting.
The special meeting ballot includes four proposals, all of which
ISS recommends voting FOR. At the special meeting, holders of Sonim
common stock will be asked to consider and vote on the
following:
- a Transaction Proposal;
- a Reverse Stock Split Proposal;
- a Charter Restriction Proposal; and
- an Adjournment Proposal.
The complete proxy statement is available online at
www.sec.gov and at the Sonim website under About, then Investor
Relations, then SEC Filings. Investors can also click on the link
https://ir.sonimtech.com/sec-filings/all-sec-filings# to access the
proxy.
About Sonim
Sonim Technologies is a leading U.S. provider of ultra-rugged
mobile phones and accessories designed specifically for task
workers physically engaged in their work environments, often in
mission-critical roles. We currently sell our ruggedized mobility
solutions to several of the largest wireless carriers in the United
States— including AT&T, T-Mobile, and Verizon—as well as the
three largest wireless carriers in Canada—Bell, Rogers, and Telus
Mobility. Our phones and accessories connect workers with voice,
data, and workflow applications in two end markets: industrial
enterprise and public sector. Our ruggedized phones and accessories
are sold through distributors in North
America, South America, and
Europe. For more information,
visit www.sonimtech.com.
Additional Information and Where
to Find It
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.
INVESTORS AND STOCKHOLDERS ARE URGED TO READ THE DEFINITIVE PROXY
STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) FILED
BY SONIM AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC
CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR WILL
CONTAIN IMPORTANT INFORMATION ABOUT ANY SOLICITATION. Investors and
stockholders may obtain copies of these documents and other
documents filed with the SEC by Sonim free of charge through the
website maintained by the SEC at www.sec.gov. Copies of the
documents filed by Sonim are also available free of charge by
accessing Sonim's website at www.sonimtech.com.
Participants in the
Solicitation
Sonim, its directors and executive officers and other members of
management and employees may be deemed to be participants in the
solicitation of proxies with respect to a solicitation by Sonim in
connection with matters to be considered at the Sonim special
meeting. Information about Sonim's executive officers and
directors, including information regarding the direct and indirect
interests, by security holdings or otherwise, is available in
Sonim's definitive proxy statement for the Sonim special meeting,
which was filed with the SEC on May 23,
2022 and can be accessed by following the instructions
above. To the extent holdings of Sonim securities reported in the
definitive proxy statement for the Sonim special meeting have
changed, such changes have been or will be reflected on Statements
of Change in Ownership on Forms 3, 4 or 5 filed with the SEC. These
documents are or will be available free of charge at the SEC's
website at www.sec.gov.
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SOURCE Sonim Technologies, Inc.