SONM

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M&AMay 20, 2026Positive

DNA X completes $15M sale of mobile device assets to NEXA Mobility

DNA X (formerly Sonim Technologies) sold its mobile device business to NEXA Mobility for $15 million and is pivoting to focus on its AI-powered cryptocurrency trading platform. The company rebranded and generated $6.3 million in net income from the asset sale while securing an ad

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