Sonim Technologies Inc. has received an unsolicited indication of interest from DOOGEE to acquire all outstanding shares of Sonim for $3.60 per share in cash. The Special Committee of Sonim's Board of Directors is currently assessing the proposal and has requested more detailed information from DOOGEE, including financing arrangements and strategic rationale. Despite this new interest, Sonim remains committed to advancing its existing exclusive letter of intent toward a definitive agreement. Mike Mulica, Chair of the Special Committee, emphasized the importance of a focused and disciplined evaluation process to maximize stockholder value.
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