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An update from Sonim Technologies ( (SONM) ) is now available.
On December 15, 2025, Sonim Technologies entered into a private placement with DNA Holdings Venture, issuing a $1.2 million unsecured convertible promissory note and simultaneously acquiring 100% of DNA X LLC in exchange for 223,201 Sonim common shares, equal to 19.99% of its then-outstanding stock. The deal brings DeFi trading protocol DNAX DeFi into Sonim’s portfolio, grants DNA Holdings significant governance rights including board representation and a voting commitment in favor of Sonim’s pending asset purchase agreement with Social Mobile Technology Holdings, and embeds a put option allowing DNA Holdings to swap back Sonim shares for DNA X if specified trading volume or revenue thresholds are not met by mid-2026. The DNA Note carries a 10% annual interest rate, matures in December 2026, and is convertible into common stock at an initial price of $5.50 per share with extensive anti‑dilution protections and restrictive covenants limiting Sonim’s additional indebtedness, equity buybacks, dividends, and variable‑rate financings, effectively tightening the company’s capital-structure flexibility while providing new funding and strategic exposure to DeFi. Separately, on December 16, 2025, Sonim restructured part of an earlier $3.3 million note held by Streeterville Capital by exchanging a $629,640 partitioned note for 148,500 shares of common stock, following a series of smaller note-for-share exchanges in October–December 2025, a sequence of transactions that reduced Streeterville’s remaining note balance to about $2.3 million and lifted Sonim’s total shares outstanding to 1,488,465.
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
Sonim Technologies is a publicly traded technology company whose common stock is listed on Nasdaq. Through its acquisition of DNA X LLC, the company is expanding into decentralized finance (DeFi) infrastructure via DNAX DeFi, an advanced on-chain trading protocol that automates decentralized exchange trading functions such as limit, grid/range, and recurring orders.
Average Trading Volume: 60,290
Technical Sentiment Signal: Sell
Current Market Cap: $5.62M
For an in-depth examination of SONM stock, go to TipRanks’ Overview page.