DNA X Inc

SONM

Valor de mercado US$ 4,87 mi

- Strengthened balance sheet with $1.8 million cash from new convertible debt in Q2 and additional $5.0 million through the sale of preferred stock after quarter end

Closed sale of the Company's mobile device assets to NEXA in January 2026 Completed the transfer of the operations of the phone and hotspot business to NEXA Focused on enhancing the DNA X trading platform to prepare the platform for its initial growth phase San Diego, California--(Newsfile Corp. - May 20, 2026) - DNA X, Inc. (NASDAQ: SONM), a provider of cryptocurrency trading services, today announced its financial results for the first quarter ended March 31, 2026. The company operates the DNA X AI trading platform business, and expects to launch an enhanced version to the public later this year.

Completed acquisition of the DNA X cryptocurrency trading platform Closed sale of the Company's mobile device assets to NEXA in January 2026 Focused on enhancing the DNA X trading platform to prepare the platform for its initial growth phase San Diego, California--(Newsfile Corp. - April 14, 2026) - DNA X, Inc. (NASDAQ: SONM), a provider of cryptocurrency trading services, today announced its financial results for the fourth quarter and full year ended December 31, 2025. The company purchased the DNA X cryptocurrency trading platform business in December 2025, following the launch of the DNA X.us website in November 2025 that is now active.

San Diego, California--(Newsfile Corp. - January 27, 2026) - Sonim Technologies (NASDAQ: SONM) announced today that it is being renamed DNA X, Inc. concurrent with the previously announced asset sale to NEXA® (formerly Social Mobile). The proceeds generated from this transaction are anticipated to fund debt retirement and provide working capital for the company's digital asset management operations.

Stockholder approval enables closing of the Sonim asset sale in January 2026 NEXA to continue selling rugged phones and mobile hotspots under the Sonim brand Transaction allows Sonim to retire debt and provides working capital for new, independent business Public company to rebrand and focus exclusively on DNA X, a crypto trading platform San Diego, California--(Newsfile Corp. - December 31, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM) today announced that its stockholders approved the previously announced Asset Purchase Agreement with NEXA® (formerly Social Mobile) at a special meeting held on December 30, 2025. The approval authorizes Sonim to complete the sale of substantially all assets related to its rugged mobile phone and hotspot business.

Company announces Special Meeting of Stockholders to vote on proposed Asset Purchase Agreement San Diego, California--(Newsfile Corp. - November 25, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM) today announced the filing of a preliminary proxy statement with the U.S. Securities and Exchange Commission (the "SEC") in connection with a special meeting of stockholders ("Special Meeting") to consider and vote on the proposed sale of substantially all of Sonim's assets to NEXA Mobility NEXA (formerly Social Mobile). Asset Purchase Agreement On July 17, 2025, Sonim entered into an asset purchase agreement under which NEXA will acquire Sonim's assets and assume its current liabilities for a total consideration of $15 million, plus a potential $5 million earn-out, in an all-cash transaction.

Revenue increased 45% sequentially in Q3 2025, driven by demand for new product portfolio and the successful launch of the MegaConnect HPUE mobile hotspot Net loss narrowed to $4.8 million as operating expense declined and sales improved Stockholders approved strategic initiatives including reverse stock split, share increase and reelection of Sonim Board nominees Balance sheet strengthened through capital raise and new financing initiatives San Diego, California--(Newsfile Corp. - October 31, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions for first responders, government, and enterprise, today announced its financial results for the third quarter ended September 30, 2025. "The third quarter of 2025 marked a pivotal transition for Sonim as we began to see the results of our strategic focus with the new portfolio," said Peter Liu, Chief Executive Officer of Sonim Technologies.

Purpose-Built for First Responders, Military, Government and Enterprise Users in Construction, Hospitality, Manufacturing, and many other use cases that require distraction-free phones San Diego, California--(Newsfile Corp. - August 19, 2025) - Sonim Technologies (NASDAQ: SONM) today announced the availability of the XP3plus 5G , its newest ultra-rugged flip phone, on AT&T. Certified for use on FirstNet – the only nationwide wireless communication platform built with and for first responders – the XP3plus 5G is designed to serve the critical communications needs of first responders, government agencies, and enterprise field workers.

Sonim Poised for Growth in the Second Half of 2025 with Tier-One Carrier Launches Q2 Results Reflect Investments, Product Launches, and Progress on Social Mobile's Acquisition of Sonim San Diego, California--(Newsfile Corp. - August 8, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions for first responders, government, and enterprise, today announced its financial results for the second quarter ended June 30, 2025. "The second quarter of 2025 marked a pivotal period for Sonim as we laid the groundwork for a strong finish to the year," said Peter Liu, CEO of Sonim Technologies.

Built for Mission-Critical Professionals, the XP Pro Delivers Unmatched Durability, Performance, and Reliability San Diego, California--(Newsfile Corp. - July 30, 2025) - Sonim Technologies (NASDAQ: SONM), a leading provider of ultra-rugged mobile solutions, today announced the launch and availability of the Sonim XP Pro across Canada. Now available through Bell, Telus, Rogers, and SaskTel, the XP Pro is engineered for Canada's toughest jobs and harshest conditions and empowers those who keep the country moving.