DNA X, Inc. (SONM): Nasdaq/NYSE listing notice — Sonim receives Nasdaq deficiency notice for minimum bid price non-compliance

DNA X, Inc.

Nasdaq notified Sonim on Aug 13, 2025, that bid price closed below $1.00 for 30 consecutive business days.
Company has 180 calendar days (until Feb 9, 2026) to regain compliance via $1.00 close for 10 consecutive days.
Failure may allow a second 180-day period if other listing standards are met; possible reverse stock split considered.
The notice has no immediate effect on trading of SONM on Nasdaq Capital Market.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

DNA X, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

August 13, 2025, Sonim Technologies, Inc. (the “Company”) received a letter (the “Notice”) from the listing qualifications staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”) for continued listing. The Bid Price Rule requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) (the “Compliance Period Rule”) provides that a failure to meet the minimum bid price requirement ex

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DNA X, Inc. filing history →

Source: SEC EDGAR

accession 0001641172-25-024038

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