Orbic North America LLC - 11 Mar 2025 Form 3 Insider Report for SONIM TECHNOLOGIES INC (SONM)

Role
10%+ Owner
Signature
/s/ Gina Wetzel, power of attorney
Issuer symbol
SONM
Transactions as of
11 Mar 2025
Net transactions value
$0
Form type
3
Filing time
21 Mar 2025, 16:10:25 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SONM Common Stock 1,000 11 Mar 2025 Direct
holding SONM Common Stock 1,946,345 11 Mar 2025 By AJP Holding Company, LLC F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 11, 2025, AJP Holding Company, LLC ("AJP") and Orbic North America, LLC ("Orbic") entered into an Irrevocable Proxy Agreement (the "Proxy Agreement") to provide Orbic with sole voting power over all 1,946,345 shares of the Sonim Technologies, Inc. (the "Company") held by AJP to use in connection with a contemplated proxy solicitation for the election of a slate of nominees for election to the board of directors of the Company at its 2025 annual meeting of stockholders. The Proxy Agreement also provides that AJP may not dispose of any shares of common stock of the Company without the consent of Orbic during the term of the Proxy Agreement.

Remarks:

Exhibit 24.1 - Power of Attorney