DNA X, Inc. (SONM): Nasdaq/NYSE listing notice — Sonim receives Nasdaq deficiency notice for low stockholders' equity of $1.334M

DNA X, Inc.

Nasdaq notified Sonim on Aug 22, 2025 that stockholders' equity of $1.334M as of June 30, 2025 is below the $2.5M minimum for continued listing.
Sonim also fails alternative compliance criteria (market value of listed securities $35M or net income $0.5M in recent fiscal years).
Company has until Oct 6, 2025 to submit a compliance plan; if accepted, Nasdaq may grant up to 180 days to regain compliance.
No immediate effect on trading of SONM common stock; Sonim is evaluating actions to regain compliance.
No assurance that the plan will be accepted or that Sonim can regain compliance within the extension period.

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 stockholders equity (rules 5550(b)(1), 5550(b)(2), 5550(b)(3)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: stockholders equity
Rules: 5550(b)(1), 5550(b)(2), 5550(b)(3)

Exact text from the filing

August 22, 2025, Sonim Technologies, Inc. (the “Company”) received a letter (the “Deficiency Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company’s stockholders’ equity, as reported in its Quarterly Report on Form 10-Q for the period ended June 30, 2025 (the “Form 10-Q”), did not satisfy the continued listing requirement under Nasdaq Listing Rule 5550(b)(1) for the Nasdaq Capital Market, which requires that a listed company’s stockholders’ equity be at least $2.5 million. As reported on its Form 10-Q, the Company’s stockholders’ equity as of June 30, 2025 was $1,334

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5 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

DNA X, Inc. filing history →

Source: SEC EDGAR

accession 0001641172-25-025693

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