---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-003824"
form_type: "8-K"
ticker: "SONM"
cik: "0001178697"
company_name: "DNA X, Inc."
filed_at: "2026-01-27T23:59:59+00:00"
generated_at: "2026-05-16T07:27:16.209816+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sonim Technologies completes asset sale to NEXA, rebrands as DNA X, Inc., pivots to digital asset management

## Summary
- Asset sale of enterprise 5G solutions business to Pace Car Acquisition LLC (NEXA) closed Jan 23, 2026; post-closing cash ~$6.2M.
- Company changed name to DNA X, Inc.; expects Nasdaq ticker change to DNAX from SONM.
- Prepaid $5.4M in promissory notes to Streeterville Capital at 110% of outstanding balance.
- Company believes it regained compliance with Nasdaq $2.5M stockholders' equity requirement.
- DNA X will operate digital asset trading platform acquired Dec 2025; focus on on-chain trading protocol.

## SEC filing metadata
- accession: 0001493152-26-003824
- form_type: 8-K
- ticker: SONM
- cik: 0001178697
- company_name: DNA X, Inc.
- filed_at: 2026-01-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 1.02, 2.01, 5.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1178697/000149315226003824/0001493152-26-003824-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1178697/000149315226003824/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-003824
- JSON: https://secwatch.observer/filing/0001493152-26-003824.json
- Plain text: https://secwatch.observer/filing/0001493152-26-003824.txt

## Source-grounded claims
- claim_id: a63c1af3962d41934a5d4a6bccaa0f111d046884
  claim: DNA X, Inc.: Changed corporate name to DNA X, Inc. via certificate of amendment to certificate of incorporation (effective 2026-01-23).
  evidence_excerpt: On the Closing Date, the Company changed its corporate name to DNA X, Inc. pursuant to a certificate of amendment to the Company’s amended and restated certificate of incorporation (the “ Charter Amendment ”) filed with the Delaware Secretary of State on January 23, 2026 (the “ Name Change ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1178697/000149315226003824/0001493152-26-003824-index.htm
- claim_id: da517215dd204991d920b2ac54a9ab5e6faafa5a
  claim: DNA X, Inc. completed a disposition involving Pace Car Acquisition LLC (closed 2026-01-23).
  evidence_excerpt: the completion on January 23, 2026 (the “ Closing Date ”) of the previously announced sale (the “ Asset Sale ”) of substantially all of its assets related to the enterprise 5G solutions business, including rugged handsets, smartphones, wireless internet device, software, services, and accessories by DNA X, Inc. (formerly, Sonim Technologies, Inc.), a Delaware corporation (the “ Company ”), to Pace Car Acquisition LLC, (the “ Buyer ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1178697/000149315226003824/0001493152-26-003824-index.htm
- claim_id: 453ae849b605dc6a03f9d200aa819631e9ea0017
  claim: DNA X, Inc. amended APA Amendment with the Buyer, the Parent, and the Seller Representative.
  evidence_excerpt: On the Closing Date, the Company, the Buyer, the Parent, and the Seller Representative entered into a second amendment to the Asset Purchase Agreement (the “ APA Amendment ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1178697/000149315226003824/0001493152-26-003824-index.htm
- claim_id: 4ed99f764f7659273692b0b0eb61e8ec94b3e390
  claim: DNA X, Inc. terminated July Note with Streeterville Capital, LLC valued at approximately $5.4 million.
  evidence_excerpt: On the Closing Date, the Company prepaid (i) that certain promissory note (the “ July Note ”), dated July 11, 2025, issued by the Company to Streeterville Capital, LLC (the “ Lender ”), pursuant to that certain note purchase agreement, dated July 11, 2025, by and between the Company and the Lender and (ii) that certain promissory note (the “ February Note ” and, together with the July Note, the “ Notes ”), dated February 21, 2025, issued by the Company to the Lender, pursuant to that certain note purchase agreement, dated February 21, 2025, by and between the Company and the Lender.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1178697/000149315226003824/0001493152-26-003824-index.htm
- claim_id: 6f1229ad20b4490394e3023bb2cb8b3971098955
  claim: DNA X, Inc. terminated February Note with Streeterville Capital, LLC valued at approximately $5.4 million.
  evidence_excerpt: On the Closing Date, the Company prepaid (i) that certain promissory note (the “ July Note ”), dated July 11, 2025, issued by the Company to Streeterville Capital, LLC (the “ Lender ”), pursuant to that certain note purchase agreement, dated July 11, 2025, by and between the Company and the Lender and (ii) that certain promissory note (the “ February Note ” and, together with the July Note, the “ Notes ”), dated February 21, 2025, issued by the Company to the Lender, pursuant to that certain note purchase agreement, dated February 21, 2025, by and between the Company and the Lender.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1178697/000149315226003824/0001493152-26-003824-index.htm

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