Sonim Technologies completed the sale of substantially all of its operating assets to NEXA, a privately held enterprise solutions provider, pursuant to an asset purchase transaction.
The publicly-traded entity was not part of the asset purchase transaction and continues to operate as an independent public company. The Company is currently listed on the Nasdaq stock market under the ticker symbol SONM.
The Company intends to rebrand as DNA X and effect a corresponding name and ticker symbol change. Additional details regarding the transition and public entity are available in the Company’s press release and SEC filings available on this site.