Sonim Secures $20M Lifeline in Bold Deal with Social Mobile to Boost Enterprise Mobility

Sonim Technologies (NASDAQ: SONM) has signed a definitive agreement to sell its assets and most liabilities to Social Mobile for $20 million, including a potential $5 million earn-out, in an all-cash deal. The acquisition, expected to close in Q4 2025, aligns with Social Mobile’s goal to expand in the enterprise mobility market. Sonim, known for its rugged mobile devices used in mission-critical sectors, will enhance Social Mobile’s product offerings. Both companies see strong synergy, aiming to boost innovation, expand service capabilities, and deliver greater value to customers. The deal is approved by Sonim’s Board and awaits regulatory and shareholder approval. Financial and legal advisors from Roth Capital, Venable, and Blank Rome are supporting the transaction.









