Sonim Technologies, Inc. announced on July 11, 2025, that Institutional Shareholder Services (ISS) recommended Sonim stockholders vote 'FOR' four of the Company's nominees. This recommendation is for the upcoming Annual Meeting of Stockholders on July 18, 2025.
ISS, a global leader in independent shareholder meeting research, underscored Orbic's 'unreasonable demands and incomplete offers' in its recommendation. This provides significant support for the incumbent board's slate of directors.
The recommendation from ISS is a material development in the ongoing proxy contest, as it often sways a substantial portion of institutional investor votes towards the recommended slate.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.