Sonim technologies provides update on letter of intent for reverse takeover

San diego, california--(newsfile corp. - june 30, 2025) - sonim technologies, inc. (nasdaq: sonm), a leading provider of rugged mobile solutions, today issued an update regarding the letter of intent (loi) for a proposed reverse takeover (rto), as originally announced via press release dated june 25, 2025. the rto is with a private us-based company (the "target") that is building out nvidia-based high-performance computing (hpc) ai factories to support the hyper growth of cloud-based artificial intelligence (ai) workloads.
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