Sonim Technologies Inc (SONM) Stock Split History

Sonim Technologies Inc has split its stock once since its initial public offering (IPO). The stock split of Sonim Technologies Inc occurred on September 16, 2021 on a 1-for-10 basis, meaning that for 10 shares of SONM owned pre-split, shareholders then owned 1 share.

This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Sonim Technologies Inc's total market capitalization.

SONM stock split list

Date	Split Ratio
2021-09-16	1 - for - 10

Will Sonim Technologies Inc Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Sonim Technologies Inc has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when SONM stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Sonim Technologies Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.

Stock Splits of Industry Leaders

Ticker Symbol	Latest Split Date	Split Ratio
CSCO	2000-03-23	2 - for - 1
MSI	2011-01-04	1 - for - 7
NOK	2000-04-11	4 - for - 1
ERIC	2008-06-10	2 - for - 1
ZBRA	2004-08-26	3 - for - 2
JNPR	2000-06-16	2 - for - 1
CIEN	2006-09-25	1 - for - 7
BDC	2004-07-16	1 - for - 2
VSAT	2000-09-01	2 - for - 1
VIAV	2006-10-17	1 - for - 8
EXTR	2000-08-25	2 - for - 1
HLIT	1999-10-15	2 - for - 1