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Sonim Technologies ( (SONM) ) has issued an update.
Sonim Technologies, Inc. held a special meeting on October 16, 2025, where stockholders approved a reverse stock split of the company’s common stock. The board set the split ratio at 1-for-18, which will take effect on October 27, 2025. This move is expected to impact the trading of Sonim’s stock on the Nasdaq Capital Market, as it will commence trading on a split-adjusted basis under the existing symbol ‘SONM’. The reverse split aims to consolidate shares, potentially affecting stockholder equity and market perception.
Spark’s Take on SONM Stock
According to Spark, TipRanks’ AI Analyst, SONM is a Underperform.
Sonim Technologies is dealing with significant financial instability, characterized by declining revenues, negative profitability, and a weakened balance sheet. The technical indicators suggest ongoing downward pressure on the stock price, while valuation metrics show a lack of attractiveness due to negative earnings. Immediate improvements in financial performance are necessary to enhance the stock’s prospects.
To see Spark’s full report on SONM stock, click here.
More about Sonim Technologies
Average Trading Volume: 848,107
Technical Sentiment Signal: Sell
Current Market Cap: $12.51M
For an in-depth examination of SONM stock, go to TipRanks’ Overview page.