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Sonim Regains Compliance with Nasdaq Listing Requirements

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Sonim Technologies (Nasdaq: SONM) has announced that it has regained compliance with Nasdaq listing requirements as of February 22, 2021. This compliance was confirmed in a letter from Nasdaq, indicating that the company has met the minimum bid price rule necessary for continued listing on the Nasdaq Capital Market. Sonim Technologies provides ultra-rugged mobility solutions aimed at task workers in mission-critical roles, enhancing productivity and safety with their specialized mobile phones and accessories.

Positive
  • Regained compliance with Nasdaq listing requirements.
  • Met the minimum bid price rule for continued listing.
Negative
  • None.

AUSTIN, Texas, Feb. 23, 2021 /PRNewswire/ -- Sonim Technologies, Inc. (Nasdaq: SONM), today announced it has regained compliance with Nasdaq listing requirements.

In a letter dated February 22, 2021, Nasdaq informed the Company that it has achieved compliance with the minimum bid price rule required for continued listing on the Nasdaq Capital Market.

About Sonim Technologies, Inc.
Sonim Technologies is a leading U.S. provider of ultra-rugged mobility solutions designed specifically for task workers physically engaged in their work environments, often in mission-critical roles. The Sonim solution includes ultra-rugged mobile phones, a suite of industrial-grade accessories, and data and workflow applications which are collectively designed to increase worker productivity, communication and safety on the job site. For more information, visit www.sonimtech.com.

 

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SOURCE Sonim Technologies, Inc.

FAQ

What did Sonim Technologies announce on February 23, 2021?

Sonim Technologies announced it has regained compliance with Nasdaq listing requirements.

What is the stock symbol for Sonim Technologies?

The stock symbol for Sonim Technologies is SONM.

How did Sonim Technologies achieve compliance with Nasdaq?

Sonim Technologies achieved compliance by meeting the minimum bid price rule required for continued listing.

When did Nasdaq inform Sonim Technologies of the compliance?

Nasdaq informed Sonim Technologies of the compliance on February 22, 2021.

Sonim Technologies, Inc.

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