Sonim amends asset purchase agreement, removes reverse merger, adds payment condition

DNA X, Inc.

Removed all references to reverse merger (RTO) and related Form S-4 filing from the purchase agreement.
Added requirement: if Closing Purchase Price < $0 after adjustments, Sonim must pay accounts payable to make price positive.
Added German subsidiary Sonim Technologies Germany GmbH to acquired subsidiaries.
Original deal remains $15M cash purchase of enterprise 5G solutions assets, as previously disclosed.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

DNA X, Inc. amended APA Amendment with Pace Car Acquisition LLC, Social Mobile Technology Holdings LLC, and the Seller Representative (effective 2025-11-24).

Action: amendment
Agreement: asset purchase
Counterparty: Pace Car Acquisition LLC, Social Mobile Technology Holdings LLC, and the Seller Representative
Effective: 2025-11-24

Exact text from the filing

On November 24, 2025, the Company, the Buyer, the Parent, and the Seller Representative entered into a first amendment to the Purchase Agreement (the “APA Amendment”).

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119 material agreements filed in the last 30 days. Browse all material agreements →

DNA X, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-25-025141

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