---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-016851"
form_type: "8-K"
ticker: "SONM"
cik: "0001178697"
company_name: "DNA X, Inc."
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T05:24:25.409868+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Sonim closes $3.85M private placement at 126% premium to market for growth capital

## Summary
- Placed 3.5M shares and 3.5M warrants at $1.10 per unit, raising $3.85M.
- Price represents 126% premium to Sonim's closing price on April 26, 2024.
- No placement agent or broker fees; proceeds for working capital and expansion.
- Warrants exercisable at $1.10 for 5 years with a 180-day lock-up on shares.
- Registration statement to be filed by May 30, 2024 covering resale of shares.

## SEC filing metadata
- accession: 0001493152-24-016851
- form_type: 8-K
- ticker: SONM
- cik: 0001178697
- company_name: DNA X, Inc.
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1178697/000149315224016851/0001493152-24-016851-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1178697/000149315224016851/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-016851
- JSON: https://secwatch.observer/filing/0001493152-24-016851.json
- Plain text: https://secwatch.observer/filing/0001493152-24-016851.txt

## Key facts
- Material Agreements
  DNA X, Inc. entered into Subscription Agreement with an individual investor (the Purchaser) valued at $3,850,000 (effective 2024-04-29).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: an individual investor (the Purchaser)
  - Value: $3,850,000
  - Effective: 2024-04-29
  source text: On April 29, 2024, Sonim Technologies, Inc. (the “Company”) entered into a subscription agreement (the “Subscription Agreement”) with an individual investor identified in the Subscription Agreement (“Purchaser”), providing for the private placement of (i) 3,500,000 shares of the Company’s common stock, par value $0.001, (“Common Stock”) and (ii) warrants to purchase up to 3,500,000 shares of Common Stock (the “Warrants”) for an aggregate purchase price of $3,850,000 (the “Purchase Price”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1178697/000149315224016851/0001493152-24-016851-index.htm
- Material Agreements
  DNA X, Inc. entered into Lock-Up Agreement with the Purchaser (effective 2024-04-29).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: the Purchaser
  - Effective: 2024-04-29
  source text: In addition, on April 29, 2024, in connection with the entry into the Subscription Agreement, the Company and the Purchaser entered into a lock-up agreement (the “Lock-Up Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1178697/000149315224016851/0001493152-24-016851-index.htm
- Material Agreements
  DNA X, Inc. entered into Registration Rights Agreement with the Purchaser (effective 2024-04-29).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: the Purchaser
  - Effective: 2024-04-29
  source text: On April 29, 2024, in connection with the entry into the Subscription Agreement, the Company entered into a registration rights agreement (the “Registration Rights Agreement”) with the Purchaser.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1178697/000149315224016851/0001493152-24-016851-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.