- Sonim Technologies (SONM, Financial) partners with Shareholder Intelligence Services to enhance shareholder protection and value.
- The collaboration will employ advanced trading analytics to monitor securities trading and ensure regulatory compliance.
- This partnership aims to improve corporate governance, shareholder communication, and accurate price discovery.
Sonim Technologies, Inc. (NASDAQ: SONM), a leader in rugged mobile solutions, has announced a strategic engagement with Shareholder Intelligence Services, LLC ("ShareIntel"). This partnership is designed to protect shareholders and maximize value through the use of advanced trading analytics.
With ShareIntel's patented services, Sonim will enhance corporate governance, strengthen communication with shareholders, and improve regulatory compliance. The collaboration will enable Sonim to scrutinize securities trading for potential anomalies and violations of SEC regulations. This will be achieved through ShareIntel's compliance-driven SaaS platform which monitors trading and settlement activities to ensure accurate price discovery.
Clay Crolius, CFO of Sonim Technologies, expressed excitement about the partnership, stating that it represents a significant step towards transparency and strengthening shareholder confidence. David Wenger, President & CEO of ShareIntel, reinforced the commitment to safeguarding shareholder interests and corporate oversight.
Sonim Technologies, a prominent provider of durable mobile solutions, aims to deliver further value to its stakeholders through this innovative approach to trading activity monitoring.