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
- Lock-up period and expiry date
- Shares offered, over-allotment and shares outstanding after the offering
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Filings
- Registration statement (S-1) first filed Apr 15, 2019
- Latest amendment May 9, 2019
- Final prospectus (424B4) May 13, 2019
- All filings on EDGAR CIK 1178697
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