Sonim Technologies Inc (SONM) Gets More Time From NASDAQ – News Heater
Home  »  Morning Brief   »  Sonim Technologies Inc (SONM) Gets More Time From ...

Sonim Technologies Inc (SONM) Gets More Time From NASDAQ

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

Sonim Technologies Inc (NASDAQ: SONM) ‎announced that the company has received an extension of 6 months to regain compliance as per Nasdaq guidelines for minimum bid listing. Sonim Technologies remain confident that this extension will help broaden its horizons by restructuring, which can lead to lowered operative expenses and prove long-term benefits.

Sonim Tech has also transferred its Shenzhen Manufacturing to Unicair, in the process to streamline its cost structure by 2021. The company is currently launching a smart scanner that comes with an integrated barcode scanner for tablet markets. This device will open new opportunities and worldwide outcomes worth over $2billion.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Currently, the company intends to monitor the closing bid price of its common stock and has given in writing Nasdaq it will adhere to and implement its guidelines in order to regain compliance with the minimum bid requirement. Nasdaq showed signs of positive reinforcement on the company’s part also allowed the company to transfer its stock from Nasdaq Global Market to Nasdaq Capital Market.

Sonim Technologies is a leading US provider of mobility solutions tailored for task workers who are physically engaged in their work environment. The company has designed industry-grade tools and workflow solutions that have helped improve worker productivity, communication, and safety in the workplace.

Sign up for our FREE Newsletter and get:

Leave a Comment

Your email address will not be published. Required fields are marked *

Sign up for our FREE Newsletter and get:

Heading

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam

Heading

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam