Welcome to our dedicated page for DNA X news (Ticker: SONM), a resource for investors and traders seeking the latest updates and insights on DNA X stock.
DNA X, Inc. reports developments tied to its cryptocurrency trading services and its transition from the former Sonim Technologies mobile-device business. The company acquired the DNA X cryptocurrency trading platform in December 2025, rebranded in January 2026, and completed the sale of its mobile device design and manufacturing assets the same month.
Recurring company updates cover financial results, platform enhancements, material agreements, capital-structure matters, shareholder voting items, governance changes, and risk factors associated with the DNA X trading business.
Sonim Technologies (Nasdaq: SONM) has launched the Klein RESCUE waterproof Remote Speaker Microphone (RSM), set to be available in Q1 2022. This RSM is designed for public safety and industrial workers, featuring IP-67 waterproof standards, a large Push-to-Talk button, and a programmable emergency button linked to Sonim rugged phones. It comes with a three-year warranty and aims to enhance communication and safety for first responders. Sonim emphasizes its integrated solutions with Klein, aiming to address the rugged audio accessory needs in the industry.
Sonim Technologies (Nasdaq: SONM) reported Q3 2021 financial results, achieving $14.4 million in net revenues, a 20% increase from the previous quarter. However, the company posted a net loss of $10.9 million, up from $6.7 million. Gross profit decreased to 12.4%, impacted by product mix and supply chain costs. Sonim launched the XP3plus device with major carriers and plans additional rugged phones for 2022. The company ended Q3 with $10.2 million in cash and raised $10.4 million through equity offerings.
Sonim Technologies (Nasdaq: SONM) announces the launch of its XP3plus rugged mobile device in T-Mobile stores across the U.S. This device features a larger display, enhanced productivity buttons, and a powerful battery for users in demanding environments. The XP3plus is designed for sectors like construction and first responders, with industry-grade accessories available. Additionally, it comes with a 3-year warranty, reducing total ownership costs. The move aims to improve accessibility for businesses and consumers seeking reliable mobile solutions.
Sonim Technologies (NASDAQ: SONM) convened and adjourned its 2021 Annual Meeting of Stockholders on October 26, 2021, without conducting business due to lack of quorum. Fewer than a majority of outstanding shares were represented at the meeting. The meeting has been rescheduled to November 12, 2021, at 9:00 a.m. Pacific Time, to allow more time for stockholders to vote on proposals detailed in the company's proxy statement. Currently, approximately 38% of shares entitled to vote were represented by proxies, with stockholders encouraged to cast votes before November 11, 2021.
Sonim Technologies (NASDAQ: SONM) has launched the XP3plus flip phone for Verizon Business customers, enhancing its predecessor's features. The XP3plus offers a larger display, programmable buttons, and a robust battery designed for demanding work environments. It meets Sonim's Rugged Performance Standards, ensuring durability with drop and water resistance. The device includes a powerful audio speaker and a comprehensive 3-year warranty, targeting sectors like construction and public safety. Availability starts on Sept. 30.
On September 14, 2021, Sonim Technologies (Nasdaq: SONM) announced a one-for-ten reverse stock split, effective at 5:00 PM ET on September 15, 2021. Trading on a split-adjusted basis will commence on September 16, 2021. This decision follows stockholder approval during the 2020 Annual Meeting to implement a reverse split within a specified range. The split aims to increase the share price for compliance with Nasdaq’s minimum bid price requirements and to enable the company to pursue additional financing opportunities. No fractional shares will be issued, and stockholders will receive cash for any fractional shares.
Sonim Technologies (Nasdaq: SONM) has launched the XP3plus flip phone, available through T-Mobile starting October 22, 2021. This new model enhances the features of its predecessor, the XP3, offering a larger display, programmable buttons, and a robust interface designed for demanding environments. Key highlights include a strong battery, noise-cancellation audio, and compliance with Sonim's Rugged Performance Standards, ensuring durability against drops and water. The XP3plus aims to support field workers needing reliable communication.
Sonim Technologies (Nasdaq: SONM) announces the launch of Klein waterproof headsets and RSMs compatible with Sonim SecureAudio Connector handsets, including XP3, XP5s, and XP8. The new products address customer concerns regarding affordability, waterproofing, and warranty, featuring an industry-leading 3-year comprehensive warranty. The Klein VALOR RSM and Klein CURL headset offer robust features catering to enterprise needs. This release aims to bolster Sonim's position in rugged communication solutions, essential for first responders and industrial workers.
Sonim Technologies (Nasdaq: SONM) announced its Q2 2021 financial results, reporting net revenues of $12.0 million, slightly down from $12.2 million in Q1. Gross profit rose 8% sequentially to $2.7 million, improving gross margin to 22.2%. The net loss shrank to $6.7 million, or $0.10 per share, from $9.3 million in Q1. The company ended Q2 with $6.9 million in cash and raised an additional $8.4 million in July. Sonim plans to launch a new rugged phone in Q3 2021, hinting at potential market growth due to favorable infrastructure developments.
Sonim Technologies (Nasdaq: SONM) has partnered with 4K Solutions to launch the Mobile Broadband Kit – Elite, designed for the Sonim XP8 ultra-rugged Android handset. This portable communication solution enables reliable access for emergency and public safety teams, even in remote areas. Each kit includes four Sonim XP8 handsets and SonimWare software. The MBK-Elite features compatibility with Push-to-Talk apps, a FirstNet Ready wireless router, and optional satellite communication. This collaboration enhances Sonim's offerings in critical communications.