Sonim technologies signs letter of intent to sell substantially all assets to social mobile

San diego, california--(newsfile corp. - june 2, 2025) - sonim technologies, inc. (nasdaq: sonm), a leading provider of rugged mobile solutions, today announced the signing of a letter of intent (loi) with social mobile®, a leading provider of enterprise mobility solutions. pursuant to the loi, social mobile and sonim intend to enter into a definitive agreement for the potential acquisition by social mobile of substantially all of the assets of sonim and its direct and indirect subsidiaries (the "transaction").
SONM Ratings Summary
SONM Quant Ranking