Form 8-K DNA X, Inc. For: Jun 29

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Go back to Form 8-K DNA X, Inc. For: Jun 29

DNA X raises $8.1M via preferred stock sale to related-party investor

July 2, 2026 8:58 AM EDT

DNA X, Inc. (NASDAQ: SONM), formerly known as Sonim Technologies, entered into a securities purchase agreement on June 29, 2026, to sell 1,346,531 shares of Series B Convertible Preferred Stock to DNA Holdings Venture, Inc. at $6.00 per share, for an aggregate offering price of $8.1 million.

DNA Holdings is both a holder of more than 5% of the company's outstanding capital stock and an... More