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Orbic North America, LLC Announces Agreement in Principle to Acquire a Substantial Equity Ownership Position in Sonim Technologies, Inc. - Sonim Technologies (NASDAQ:SONM)

Summary by Benzinga
HAUPPAUGE, N.Y., Jan. 15, 2025 /PRNewswire/ -- Orbic North America, LLC ("Orbic"), an international leader in mobile technology innovation, announced today that at the close of the Consumer Electronics Show in Las Vegas that it has entered into an agreement in principle with AJP Holding Company, LLC ("AJP") to acquire from AJP a substantial position in the shares of Sonim Technologies, Inc. (NASDAQ:SONM) ("Sonim"), a leading U.S. provider of ult…

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BenzingaBenzinga

Orbic North America, LLC Announces Agreement in Principle to Acquire a Substantial Equity Ownership Position in Sonim Technologies, Inc. - Sonim Technologies (NASDAQ:SONM)

HAUPPAUGE, N.Y., Jan. 15, 2025 /PRNewswire/ -- Orbic North America, LLC ("Orbic"), an international leader in mobile technology innovation, announced today that at the close of the Consumer Electronics Show in Las Vegas that it has entered into an agreement in principle with AJP Holding Company, LLC ("AJP") to acquire from AJP a substantial position in the shares of Sonim Technologies, Inc. (NASDAQ:SONM) ("Sonim"), a leading U.S. provider of ult…

·New York, United States
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Orbic North America to Acquire a Substantial Equity Ownership Position in Sonim Technologies

Orbic North America, LLC, an international leader in mobile technology innovation, announced today that at the close of the Consumer Electronics Show in Las Vegas that it has entered into an agreement in principle with AJP Holding Company, LLC to acquire from AJP a substantial position in the shares of Sonim Technologies, Inc. (NASDAQ:SONM), a leading U.S. provider of ultra-rugged mobility solutions. Upon execution of a definitive agreement betw…

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Benzinga broke the news in New York, United States on Wednesday, January 15, 2025.
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