Sonim Technologies Strengthens Governance with Board Expansion

Story Highlights
Sonim Technologies Strengthens Governance with Board Expansion

Sonim Technologies ( (SONM) ) has shared an announcement.

On April 2, 2025, Sonim Technologies amended the employment agreement of its CEO, Peter Liu, to redefine ‘Change in Control’ and enhance severance benefits, reflecting strategic adjustments in leadership terms. Additionally, on April 3, 2025, the company expanded its Special Committee of the Board of Directors by adding a third independent director, Jack Steenstra, indicating a move towards strengthening governance.

More about Sonim Technologies

YTD Price Performance: -6.16%

Average Trading Volume: 148,268

Technical Sentiment Signal: Strong Buy

Current Market Cap: $18.72M

For detailed information about SONM stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App