Sonim Technologies, Inc. issued an update on June 30, 2025, regarding its Letter of Intent (LOI) for a proposed reverse takeover (RTO). The RTO is with a private U.S.-based company focused on building Nvidia-based High-Performance Computing (HPC) AI factories.
The update clarified that upon completion of the RTO, Sonim shareholders will receive equity ownership in the combined company. This equity ownership is currently valued at $17.5 million.
This announcement reflects Sonim's commitment to transparency as the transaction progresses. Shareholders are expected to benefit from any future value appreciation of the combined entity, which aims to support the hyper-growth of cloud-based artificial intelligence workloads.
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