---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-007911"
form_type: "8-K"
ticker: "SONM"
cik: "0001178697"
company_name: "DNA X, Inc."
filed_at: "2025-02-21T23:59:59+00:00"
generated_at: "2026-05-26T06:48:13.580311+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Sonim issues $3.3M promissory note to Streeterville Capital, net proceeds $3M

## Summary
- Note principal $3.3M; $270K OID and $30K transaction costs deducted; net proceeds $3M.
- Interest 9% per annum; maturity 18 months; 110% prepayment penalty on partial prepayments.
- Lender may redeem up to $330K/month starting 6 months; company can defer with 1% fee.
- Covenants restrict other debt/convertible issuances without lender consent; includes MFN clause.
- Ascendiant Capital received $180K (6% of gross) as placement agent.

## SEC filing metadata
- accession: 0001493152-25-007911
- form_type: 8-K
- ticker: SONM
- cik: 0001178697
- company_name: DNA X, Inc.
- filed_at: 2025-02-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1178697/000149315225007911/0001493152-25-007911-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1178697/000149315225007911/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-007911
- JSON: https://secwatch.observer/filing/0001493152-25-007911.json
- Plain text: https://secwatch.observer/filing/0001493152-25-007911.txt

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