Sonendo, Inc. — fact timeline

Roy T. Chen resigned as Chief Talent Officer at Sonendo, Inc..

“On August 27, 2024, Roy T. Chen provided notice of his resignation as Chief Talent Officer of Sonendo, Inc. (the “Company”), effective September 6, 2024, to pursue another opportunity.”

John Bostjancic was appointed as Chief Financial Officer at Sonendo, Inc..

“appointed John Bostjancic, age 53, to serve as Chief Financial Officer of the Company, effective June 5, 2024.”

Sonendo, Inc. reported quarter ended March 31, 2024 results: revenue $7.0 million. Guidance raised.

“company and developer of the GentleWave® System, today reported financial results for the first quarter ended March 31, 2024. Recent Highlights • Recorded total revenue of $7.0 million for first quarter of 2024, exceeding previously issued guidance of $6.0 million; ending the quarter with installed base of 1,142 and achieved a healthy console backlog •”

Sonendo, Inc. received a nyse delisting notice notice regarding other.

“April 11, 2024, the Company withdrew its request for an appeal. As a result, the NYSE notified the Company of its intention to apply to the Securities and Exchange Commission for delisting of the Company’s common stock, which will remove the common stock from listing and registration on the NYSE. The Company’s common stock currently trades under the symbol “SONX” on the on the OTCQX, which is operated by OTC Markets Group Inc. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned”

Sadie Stern departed as Director at Sonendo, Inc..

“On April 5, 2024, Ms. Sadie Stern notified the Board of Directors of Sonendo, Inc. (the “Company”) of her intention not to stand for reelection to the Board of Directors of the Company at the expiration of her current term at the 2024 Annual Meeting of Stockholders.”

Chris Guo was appointed as Interim Chief Financial Officer at Sonendo, Inc..

“Chris Guo had been appointed the Company’s Interim Chief Financial Officer (“Interim CFO”) effective as of March 15, 2024.”

Sonendo, Inc. reported the full year 2024 results: revenue $28.0 million to $30.0 million. Guidance initiated.

“The Company expects the full year 2024 total revenue to be in the range of $28.0 million to $30.0 million”

Sonendo, Inc. reported the full year 2023 results: revenue $43.9 million, net income $60.9 million.

“Total revenue was $43.9 million for the full year 2023”

Sonendo, Inc. reported the fourth quarter of 2023 results: revenue $11.7 million, net income $10.9 million.

“Total revenue was $11.7 million for the fourth quarter of 2023”

Sonendo, Inc. reported the quarter and year ended December 31, 2023 results: revenue $43.9 million, net income $60.9 million.

“technology company and developer of the GentleWave® System, today reported financial results for the quarter and year ended December 31, 2023. Highlights • Total revenue of $43.9 million for the full year 2023, representing growth of 5% over the full year 2022 • As of December 31, 2023, the installed base was 1,134 units, representing growth of approximately 16%”

Chris Guo was appointed as Interim Chief Financial Officer at Sonendo, Inc..

“Chris Guo, age 48, the Company’s Vice President Finance and Corporate Controller, has been appointed by the Board of Directors of the Company to serve as Interim Chief Financial Officer from March 15, 2024 until the appointment of Mr. Watts’ successor.”

Michael P. Watts resigned as Chief Financial Officer at Sonendo, Inc..

“On March 4, 2024, Michael P. Watts provided notice of his resignation as Chief Financial Officer of Sonendo, Inc. (the “Company”), effective March 15, 2024, to pursue new opportunities.”

Sonendo, Inc. completed a disposition involving Valsoft Corporation Inc. and Aspire USA LLC for approximately $16.0 million, with $15.0 million paid upon the Effective Date and the balance due in approximately 12 months (closed 2024-03-01).

“On March 1, 2024 (the “Effective Date”), TDO Software, Inc., a California corporation (“TDO”) and a wholly-owned subsidiary of Sonendo, Inc. (the “Company”), entered into an Asset Purchase Agreement (the “Purchase Agreement”) by and among TDO, Valsoft Corporation Inc., a Quebec corporation (“Valsoft”), and Aspire USA LLC, a Delaware limited liability company and affiliate of Valsoft (together with Valsoft, the “Purchasers”), pursuant to which TDO agreed to sell to the Purchasers specified assets relating to the Company’s Software Segment assets comprised of TDO Software, the Company’s end-to-end practice management software for the endodontic industry (the “Business”), and the Purchasers agreed to assume certain liabilities relating to such business (the “Transaction”). As consideration for the Transaction, the Purchasers agreed to pay TDO approximately $16.0 million, with $15.0 million paid upon the Effective Date and the balance due in approximately 12 months pursuant to the terms of”

Sonendo, Inc. amended credit facility with Perceptive Credit Holdings III, LP.

“the Company entered to Amendment No. 3 (the "Amendment") to its Amended and Restated Credit Agreement and Guaranty, dated as of August 23, 2021, by and among the Company, the subsidiary guarantors named therein, the lenders party thereto and Perceptive Credit Holdings III, LP, as amended (the "Credit Agreement"). The Amendment amended the Credit Agreement to include a one-time $15.0 million principal repayment and initiate monthly principal repayments beginning in March 2024 along with modifications to certain other terms including revenue covenants.”