SCHEDULE: Streeterville Capital Discloses 9.98% Stake in Sonim Technologies

Streeterville Capital LLC, along with Streeterville Management LLC and John M. Fife, has reported a beneficial ownership of 9.98% in Sonim Technologies Inc. common stock.

Summary

• Streeterville Capital LLC, Streeterville Management LLC, and John M. Fife collectively reported beneficial ownership of 148,500 shares of Sonim Technologies Inc. common stock.
• This represents 9.98% of the company's outstanding common stock.
• The ownership percentage is based on 1,488,465 shares outstanding as of December 18, 2025, as reported in Sonim Technologies' Form 8-K.
• The reporting persons hold sole voting and dispositive power over all 148,500 shares.
• The filing certifies that the securities were not acquired for the purpose of changing or influencing control of Sonim Technologies Inc., other than activities solely in connection with a nomination under Rule 240.14a-11.

Sentiment

Score: 6

Explanation: The disclosure of a nearly 10% beneficial ownership by an investment entity, coupled with a certification of passive intent, suggests a degree of investor confidence in Sonim Technologies Inc. without immediate implications for corporate control.

Positives

• A significant stake (9.98%) by an investment firm like Streeterville Capital LLC could signal confidence in Sonim Technologies Inc.'s future prospects.
• The certification that the stake is not for changing or influencing control suggests a passive investment, which may reduce immediate governance concerns for existing management.

Risks

• The filing itself does not detail risks of the issuer. The certification explicitly states the securities were not acquired for the purpose of changing or influencing control, mitigating the risk of activist investor intervention for the issuer.

Future Outlook

NA

Management Comments

• The securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11.

Industry Context

NA

Stakeholder Impact

• Shareholders may view the significant stake by Streeterville Capital LLC as a positive signal of investor interest and potential long-term value, potentially leading to increased confidence.
• Management may experience reduced immediate concerns about activist pressure due to the certification of not seeking control, allowing them to focus on current strategic plans.

Key Dates

Recommendation

A Schedule 13G filing primarily discloses beneficial ownership and does not provide sufficient financial or operational data to make a strong buy or sell recommendation. The disclosure of a significant 9.98% stake by Streeterville Capital LLC could be interpreted as a positive signal of investor confidence, suggesting the stock might be worth holding for further evaluation as more comprehensive financial reports become available. The passive nature of the investment, as certified by the reporting persons, indicates no immediate intent to influence control, which might reduce short-term volatility related to activist investor actions.

Keywords

Sonim Technologies, Streeterville Capital, John M. Fife, Beneficial Ownership, SEC Filing, Schedule 13G, Common Stock, Investment, Stake