---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-024038"
form_type: "8-K"
ticker: "SONM"
cik: "0001178697"
company_name: "DNA X, Inc."
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T12:51:05.258268+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Sonim receives Nasdaq deficiency notice for minimum bid price non-compliance

## Summary
- 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.

## SEC filing metadata
- accession: 0001641172-25-024038
- form_type: 8-K
- ticker: SONM
- cik: 0001178697
- company_name: DNA X, Inc.
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1178697/000164117225024038/0001641172-25-024038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1178697/000164117225024038/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-024038
- JSON: https://secwatch.observer/filing/0001641172-25-024038.json
- Plain text: https://secwatch.observer/filing/0001641172-25-024038.txt

## Source-grounded claims
- claim_id: 2e5c71aa8cf9894ab142de28e372ee7385e40575
  claim: DNA X, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  evidence_excerpt: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1178697/000164117225024038/0001641172-25-024038-index.htm

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