0
Wireless

Sonim prices IPO at USD 11 per share

Friday 10 May 2019 | 10:54 CET | News
Sonim Technologies, which filed its IPO with the US SEC in April, said it will be offering of 3.571 million shares at USD 11 per unit. There will also be a greenshoe of 535,714 more shares. The stock is expected to start trading on the Nasdaq Global Market on 10 May. The offering itself should completed on 14 May, subject to the usual closing conditions.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Sonim Technologies
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Sonim raises USD 27.6 mln from share offering

Published 10 Jun 2020 10:23 CET | World
Sonim Technologies has closed its offering of 36.8 million shares at USD 0.75 per unit, with gross proceeds going to USD 27.6 ...

Sonim prices USD 24 mln share offering

Published 08 Jun 2020 09:45 CET | World
Sonim Technologies has priced and upsized its planned share offering. The company will be offering 32 million shares at USD 0.75 ...

Sonim changes CEO after technical problems, drop in sales

Published 30 Oct 2019 16:30 CET | World
Sonim Technologies, the maker of rugged handsets, announced the appointment of Tom Wilkinson as CEO, effective 29 October. ...

Sonim launches XP3 flip phone on Verizon network

Published 14 Oct 2019 16:29 CET | United States
Sonim Technologies launched the Sonim XP3 on the Verizon network. The Sonim XP3 is an ultra-rugged flip phone built to ...

Sonim lowers FY guidance on product delays, appoints interim CFO

Published 11 Sep 2019 11:48 CET | World
Sonim Technologies, which held its IPO in the spring, has provided a financial update for this year and announced the appointment ...

Sonim raises net USD 37.5 mln from offering, greenshoe

Published 23 May 2019 09:31 CET | World
Sonim Technologies has raised net proceeds of USD 37.5 million from its offering of 3.571 million shares and greenshoe of 505,714 ...

Rugged handset maker Sonim files for IPO

Published 17 Apr 2019 08:36 CET | United States
Sonim Technologies has filed a registration statement for its initial public offering with the US Securities and Exchange ...





Calendar   /   Industry Events

23 Apr Telia Q1 2021
25 Apr Vodafone Qatar Q1 2021
26 Apr SBA Communications Q1 2021
27 Apr Alphabet Q1 2021
27 Apr Siminn Q1 2021
27 Apr Juniper Networks Q1 2021
27 Apr Sequans Q1 2021
27 Apr Corning Q1 2021
27 Apr Calix Q1 2021
27 Apr AudioCodes Q1 2021
27 Apr Mediaset FY results
27 Apr A10 Networks Q1 2021
27 Apr Microsoft fiscal Q3
27 Apr F5 Networks fiscal Q2
27 Apr A1 Telekom Austria Q1 2021
27 Apr America Movil Q1 2021
28 Apr Yandex Q1 2021
28 Apr SK hynix Q1
28 Apr Apple fiscal Q2
28 Apr MaxLinear Q1
28 Apr Oooredoo Q1 2021
28 Apr Verimatrix Q1
28 Apr Altice USA Q1 2021
28 Apr Extreme Networks fiscal Q3
28 Apr ZTE Q1 2021
28 Apr Ribbon Communications Q1 2021
28 Apr Mediatek Q1 2021
28 Apr Qualcomm fiscal Q2
28 Apr Bharti Airtel fiscal Q4
28 Apr Samsung 'Galaxy Unpacked' event
::: More Calendar Items