0
Wireless

Sonim to raise USD 20 million in public share offering

Tuesday 2 June 2020 | 16:01 CET | News
Sonim Technologies has launched a share sale to raise USD 20 million. The public offering comes with a 30-day option for the underwriters to buy up to USD 3 million more shares on the same terms. A prospectus for the offering is pending with the US Securities and Exchange Commission.

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 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 Q1 net revenues fall 52%, net loss widens to USD 10 million

Published 15 May 2020 15:59 CET | World
Sonim Technologies saw its Q1 net revenues drop 52 percent to USD 12.7 million. The decrease in net revenues was primarily ...

Sonim slashes workforce as Q4 sales fall 63%

Published 12 Mar 2020 10:57 CET | World
Sonim Technologies reported revenues for the fourth quarter of 2019 down 63 percent year-on-year to USD 17.2 million, and moved ...

Sonim Technologies names Denny as EVP of sales, Graff as CMO

Published 21 Jan 2020 14:57 CET | World
Sonim Technologies named Randy Denny as EVP of sales, and John Graff as chief marketing officer. Denny and Graff are accomplished ...





Calendar   /   Industry Events

27 Nov Axiata Q3 2020
30 Nov Zoom Video Communications Q3 2020
30 Nov NexTV Series MENA
01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec 5G Italy
01 Dec NGON & DCI World
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec GCX fiscal Q2
03 Dec Marvell Technology fiscal Q3
03 Dec Liberty Latin America AGM
::: More Calendar Items