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Sonim Technologies Stockholders Approve Asset Sale to NEXA, Clearing Path for Strategic Transition
Newsfile (Wed, 31-Dec 8:31 AM ET)
PRNewswire (Tue, 16-Dec 10:23 AM ET)
Sonim Technologies Files Preliminary Proxy Statement, Advancing Asset Purchase by NEXA Mobility
Newsfile (Tue, 25-Nov 4:01 PM ET)
Sonim Technologies Reports Third Quarter 2025 Financial Results
Newsfile (Fri, 31-Oct 8:00 AM ET)
Sonim Technologies Inc is a provider of ultra-rugged mobile devices, including phones and accessories designed specifically for task workers physically engaged in their work environments, often in mission-critical roles. The company sells mobile phones, accessories, and solutions to AT&T, T-Mobile, and Verizon in the Canada, and to Bell, Rogers, and Telus and Rogers, Telstra in Australia. The products include rugged mobile phones that can attach to both public and private wireless networks, industrial-grade accessories that meet the requirements of specific applications and software applications, and cloud-based tools that provide management and deployment services to customers. The company generates revenue from discounts, price protection, and customer incentives.
Sonim Technologies trades on the NASDAQ stock market under the symbol SONM.
As of January 23, 2026, SONM stock price climbed to $6.14 with 32,019 million shares trading.
SONM has a beta of -0.43, meaning it tends to be less sensitive to market movements. SONM has a correlation of 0.00 to the broad based SPY ETF.
SONM has a market cap of $9.14 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, SONM traded as high as $234.00 and as low as $2.52.
The top ETF exchange traded funds that SONM belongs to (by Net Assets): VXF.
SONM has underperformed the market in the last year with a return of -89.7%, while the SPY ETF gained +14.9%. In the last 3 month period, SONM fell short of the market, returning -51.5%, while SPY returned +3.5%. However, in the most recent 2 weeks SONM has outperformed the stock market by returning +91.3%, while SPY returned 0.0%.
SONM support price is $5.23 and resistance is $6.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SONM shares will trade within this expected range on the day.