Ticker Launch

IPO · SONM

DNA X, Inc.

Formerly SONIM TECHNOLOGIES INC

DNA X, Inc. (SONM) priced its initial public offering on May 13, 2019 at $11.00 per share, below its $13.00–$15.00 range, raising $39.3M, and listed on Nasdaq Global Market. At the IPO price its market capitalization was about $214.6M. Oppenheimer was lead-left underwriter, joined by Lake Street and National. Cooley advised the company and Goodwin Procter advised the underwriters.

At its 2019 IPO, Sonim Technologies (now DNA X, Inc.) sold mobile phones, including smartphones in the XP6, XP7 and XP8 models and feature phones such as the XP5 and XP5s models.

Status
IPO
Ticker
SONM
Exchange
Nasdaq Global Market
Priced
May 13, 2019
IPO price
$11.00
Price range
$13.00–$15.00
Raised
$39.3M
Market cap at IPO price
$214.6M
First filed
Apr 15, 2019
Underwriters
Oppenheimer, Lake Street and National
Company counsel
Cooley
Underwriters' counsel
Goodwin Procter
Sector
Technology
Country / state
CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.

More on this listing for subscribers

Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.

Then $99/month or $999/year. Cancel anytime.

Filings

Other Technology IPOs in 2019