SONIM TECHNOLOGIES INC — Major Shareholding Notification 2025

Jun 4, 2025

xml version="1.0" encoding="UTF-8"? SCHEDULE 13D/A Field: Pseudo-Tag; ID: Name; Data: AJP Holding Company, LLC 0001932469 XXXXXXXX LIVE 10 common stock, $0.001 par value 06/02/2025 false 0001178697 83548F309 SONIM TECHNOLOGIES INC 4445 Eastgate Mall, Suite 200 55 West 46th Street San Diego CA 9212 Arthur Marcus Esq 212-930-9700 Sichenzia Ross Ference Carmel 1185 Avenue of the Americas, 31st floor New York NY 10036 Richard F. Langan, Jr., Esq (212) 940-3000 Nixon Peabody LLP 55 West 46th Street New York NY 10036 Conrad Adkins, Esq (212) 940-3000 Nixon Peabody LLP 55 West 46th Street New York NY 10036 0001932469 N AJP Holding Company, LLC a AF N DE 0.00 0.00 0.00 1946345.00 1946345.00 N 18.9 OO (1) Beneficial ownership of the shares of common stock owned by AJP Holding Company, LLC are also attributable to (i) Jeffrey Wang, the sole manager of AJP Holding Company, LLC; (ii) Mr. Wang directly holds 25,779 shares of common stock, the shares are the result of restricted stock units granted by Sonim Technologies, Inc. in accordance with its equity plan; (iii) Orbic North America, LLC; (iv) Ashima Narula, the sole member and manager of Orbic North America, LLC.; and (v) Parveen Narula, the Chief Executive Officer of Orbic North America, LLC. and, thus, are reported by more than one Reporting Person pursuant to Rule 13d-3 under the Act. (2) Percentage calculated based on 10,301,563 shares of common stock outstanding (which is based on the amounts reported in Sonim's Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2025 and Current Report on Form 8-K filed on May 16, 2025. Y Jeffrey Wang a OO N X1 0.00 0.00 25779.00 1946345.00 1972124.00 N 19.1 IN The amounts in Rows 9 and 11 reflect a correction to the number of shares originally reported in the Schedule 13D filed with the Securities and Exchange Commission (the "SEC") on March 18, 2025. (1) Beneficial ownership of the shares of common stock owned by AJP Holding Company, LLC are also attributable to: (i) Jeffrey Wang, the sole manager of AJP Holding Company, LLC; (ii) Mr. Wang directly holds 25,779 shares of common stock, the shares are the result of restricted stock units granted by Sonim Technologies, Inc. in accordance with its equity plan; (iii) Orbic North America, LLC; (iv) Ashima Narula, the sole member and manager of Orbic North America, LLC.; and (v) Parveen Narula, the Chief Executive Officer of Orbic North America, LLC., and, thus, are reported by more than one Reporting Person pursuant to Rule 13d-3 under the Act. (2) Percentage calculated based on 10,301,563 shares of common stock outstanding (which is based on the amounts reported in Sonim's Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2025 and Current Report on Form 8-K filed on May 16, 2025. Y Orbic North America, LLC. a WC OO N NY 0.00 0.00 0.00 1000.00 1947345.00 N 18.9 OO (1) Beneficial ownership of the shares of common stock owned by AJP Holding Company, LLC are also attributable to: (i) Jeffrey Wang, the sole manager of AJP Holding Company, LLC; (ii) Mr. Wang directly holds 25,779 shares of common stock, the shares are the result of restricted stock units granted by Sonim Technologies, Inc. in accordance with its equity plan; (iii) Orbic North America, LLC; (iv) Ashima Narula, the sole member and manager of Orbic North America, LLC.; and (v) Parveen Narula, the Chief Executive Officer of Orbic North America, LLC., and, thus, are reported by more than one Reporting Person pursuant to Rule 13d-3 under the Act. (2) Percentage calculated based on 10,301,563 shares of common stock outstanding (which is based on the amounts reported in Sonim's Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2025 and Current Report on Form 8-K filed on May 16, 2025. Y Ashima Narula a WC OO N X1 0.00 1947345.00 0.00 1000.00 1947345.00 N 18.9 IN (1) Beneficial ownership of the shares of common stock owned by AJP Holding Company, LLC are also attributable to: (i) Jeffrey Wang, the sole manager of AJP Holding Company, LLC; (ii) Mr. Wang directly holds 25,779 shares of common stock, the shares are the result of restricted stock units granted by Sonim Technologies, Inc. in accordance with its equity plan; (iii) Orbic North America, LLC; (iv) Ashima Narula, the sole member and manager of Orbic North America, LLC.; and (v) Parveen Narula, the Chief Executive Officer of Orbic North America, LLC., and, thus, are reported by more than one Reporting Person pursuant to Rule 13d-3 under the Act. (2) Percentage calculated based on 10,301,563 shares of common stock outstanding (which is based on the amounts reported in Sonim's Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2025 and Current Report on Form 8-K filed on May 16, 2025. Y Parveen Narula a WC OO N X1 0.00 1947345.00 0.00 1000.00 1947345.00 N 18.9 IN (1) Beneficial ownership of the shares of common stock owned by AJP Holding Company, LLC are also attributable to: (i) Jeffrey Wang, the sole manager of AJP Holding Company, LLC; (ii) Mr. Wang directly holds 25,779 shares of common stock, the shares are the result of restricted stock units granted by Sonim Technologies, Inc. in accordance with its equity plan; (iii) Orbic North America, LLC; (iv) Ashima Narula, the sole member and manager of Orbic North America, LLC.; and (v) Parveen Narula, the Chief Executive Officer of Orbic North America, LLC., and, thus, are reported by more than one Reporting Person pursuant to Rule 13d-3 under the Act. (2) Percentage calculated based on 10,301,563 shares of common stock outstanding (which is based on the amounts reported in Sonim's Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2025 and Current Report on Form 8-K filed on May 16, 2025. common stock, $0.001 par value SONIM TECHNOLOGIES INC 4445 Eastgate Mall, Suite 200 55 West 46th Street San Diego CA 9212 Introductory Statement: This Amendment No. 7 (this "Amendment "), being filed by AJP Holding Company, LLC ("AJP"), Jeffrey Wang, Orbic North America, LLC ("Orbic"), Ashima Narula and Parveen Narula, the ("Reporting Persons"), amends and supplements the (i) Schedule 13D filed with the Securities and Exchange Commission (the "SEC") on July 19, 2022, (ii) the Amendment No. 1 to Schedule 13D filed with the SEC on October 25, 2022, (iii) the Amendment No. 2 to the Schedule 13D filed with the SEC on January 17, 2025, (iv) the Amendment No. 3 to the Schedule 13D filed with the SEC on March 18, 2025, (v) the Amendment No. 4 to the Schedule 13D filed with the SEC on March 24, 2025, (vi) the Amendment No. 5 to the Schedule 13D filed with the SEC on March 31, 2025, (vii) the Amendment No. 6 to the Schedule 13D filed with the SEC on April 10, 2025, (viii) the Amendment No. 7 to the Schedule 13D filed with the SEC on April 16, 2025, Amendment No. 8 to the Schedule 13D filed with the SEC on April 24, 2025 and Amendment No. 9 filed with the SEC on May 19, 2025 (collectively, the "Schedule 13D"). This Schedule 13D relates to the shares of common stock (the "Common Stock") of Sonim Technologies Inc., a Delaware corporation (the "Issuer"). Except as specifically provided herein, this Amendment No. 10 does not modify any of the information previously reported in the Schedule 13D, as amended. Capitalized terms used herein shall have the meanings ascribed to them in the Schedule 13D. Item 4 of the Schedule 13D is hereby amended and supplemented by the addition of the following: As originally disclosed in Amendment No. 8 on April 24, 2025, AJP and Orbic filed a Verified Complaint (the "Complaint") in the Delaware Court of Chancery against the Issuer and certain members of the Issuer's Board of Directors (the "Director Defendants") seeking relief to (i) permanently enjoin the Issuer and its Board of Directors from taking any actions to prevent AJP and Orbic from exercising their rights in accordance with the Issuer's corporate bylaws to nominate directors, and (ii) find that the Director Defendants breached their fiduciary duties. On June 2, 2024, AJP, Orbic and the Director Defendants entered into a Stipulation of Dismissal pursuant to which AJP and Orbic voluntarily discontinued the Delaware Action without prejudice. Exhibit 99.1 Joint Filing Agreement among the Reporting Persons dated March 18, 2025. AJP Holding Company, LLC /s/ Jeffrey Wang Jeffrey Wang, Manager 06/03/2025 Jeffrey Wang /s/ Jeffrey Wang Jeffrey Wang, Individual 06/03/2025 Orbic North America, LLC. /s/ Parveen Narula Parveen Narula, Chief Executive Officer 06/03/2025 Ashima Narula /s/ Ashima Narula Ashima Narula, Individual 06/03/2025 Parveen Narula /s/ Parveen Narula Parveen Narula, Individual 06/03/2025