Sonim Technologies (NASDAQ: SONM) changed its corporate name to DNA X, Inc. concurrent with its previously announced asset sale to NEXA(R) formerly Social Mobile. The company stated proceeds from the transaction are expected to fund debt retirement and provide working capital for its digital asset management operations, with DNA X, Inc. moving forward as operator of the DNA X digital asset trading platform acquired in December 2025. The company will temporarily retain the Nasdaq trading symbol SONM, with a planned transition to DNAX in the near future.
To view the full press release, visit https://ibn.fm/d9Hkl
About DNA X, Inc.
DNA X, Inc. is a digital asset management platform, building on the digital asset trading platform acquired by the former Sonim Technologies. Following the successful asset sale of its rugged mobile phone business to NEXA, DNA X, Inc. is positioned to capitalize on the massive growth opportunity presented by the global expansion of digital assets.
For more information, visit https://www.sonimtech.com/
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