- Sonim Technologies (NASDAQ:SONM) said on Thursday that it has received an unsolicited non-binding proposal from Orbic North America, to acquire all outstanding shares of Sonim Technologies for $4.00 per share in cash.
- Sonim is carefully reviewing and evaluating the proposal in consultation with its legal and financial advisors.
- The company emphasized that there is no assurance the evaluation process will result in any transaction.
- Sonim Technologies (NASDAQ:SONM) shares were up more than 5% in premarket trading.
More on Sonim Technologies
