---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-020576"
form_type: "8-K"
ticker: "SONM"
cik: "0001178697"
company_name: "DNA X, Inc."
filed_at: "2025-07-22T23:59:59+00:00"
generated_at: "2026-05-18T04:08:55.841010+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Sonim sells enterprise 5G solutions business for $15M cash plus up to $5M earn-out; plans reverse merger

## Summary
- Purchase price $15M cash (subject to working capital adjustments) plus earn-out: 50% of net revenue above $70M in 12 months ending June 30, 2026, capped at $5M.
- Company intends to pursue a reverse merger (RTO) with a target; RTO is complementary to and not a substitute for the asset sale.
- Transaction requires stockholder approval; no financing condition; termination fee of $1M payable by company under certain conditions.
- Sale includes substantially all assets of enterprise 5G business: rugged handsets, smartphones, wireless internet devices, software, services, and accessories.

## SEC filing metadata
- accession: 0001641172-25-020576
- form_type: 8-K
- ticker: SONM
- cik: 0001178697
- company_name: DNA X, Inc.
- filed_at: 2025-07-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1178697/000164117225020576/0001641172-25-020576-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1178697/000164117225020576/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-020576
- JSON: https://secwatch.observer/filing/0001641172-25-020576.json
- Plain text: https://secwatch.observer/filing/0001641172-25-020576.txt

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