{"id":839642,"date":"2025-04-21T17:19:42","date_gmt":"2025-04-21T21:19:42","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cambium-networks-receives-deficiency-notice-from-nasdaq\/"},"modified":"2025-04-21T17:19:42","modified_gmt":"2025-04-21T21:19:42","slug":"cambium-networks-receives-deficiency-notice-from-nasdaq","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cambium-networks-receives-deficiency-notice-from-nasdaq\/","title":{"rendered":"Cambium Networks receives deficiency notice from Nasdaq"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">HOFFMAN ESTATES, Ill.<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">April 21, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Cambium Networks (NASDAQ: CMBM), a leading global provider of networking solutions, announced today that on <span class=\"xn-chron\">April 16, 2025<\/span>, it received an additional delinquency letter (the &#8220;second deficiency notice&#8221;) from The Nasdaq Stock Market LLC (&#8220;Nasdaq&#8221;) notifying the Company that it continues to be out of compliance with Nasdaq&#8217;s continued listing requirements set forth in Nasdaq Listing Rule 5250(c)(1) due to the Company&#8217;s failure to timely file its Form 10-K for the year ended <span class=\"xn-chron\">December 31, 2024<\/span> (the &#8220;Form 10-K&#8221;).\u00a0 This second deficiency notice follows the notice of delinquency received from Nasdaq on <span class=\"xn-chron\">April 10, 2024<\/span>, notifying the Company that it has failed to meet the <span class=\"xn-money\">$1.00<\/span> per share minimum bid price requirement for continued inclusion on the Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the &#8220;initial deficiency notice&#8221;).<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/325530\/cambium_networks_logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/325530\/cambium_networks_logo.jpg\" title=\"Cambium Networks Logo (PRNewsFoto\/Cambium Networks)\" alt=\"Cambium Networks Logo (PRNewsFoto\/Cambium Networks)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>In the second delinquency notice Nasdaq provided the Company with 60 calendar days from the date of the second deficiency notice to file the Form 10-K or to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule 5250(c)(1). If the Company submits a plan to Nasdaq and Nasdaq accepts the plan, Nasdaq can grant an exception of up to 180 calendar days from the due date of the filing of Form 10-K, or until October 13, 2025, to regain compliance. If Nasdaq does not accept our plan, we would have the opportunity to appeal that decision to a Nasdaq Hearings Panel.<\/p>\n<p>The Company intends to resolve the deficiency and regain compliance with the listing requirement.<\/p>\n<p>\n        <b>About Cambium Networks<\/b>\n      <\/p>\n<p>Cambium Networks enables service providers, enterprises, industrial organizations, and governments to deliver exceptional digital experiences, and device connectivity, with compelling economics. Our ONE Network platform simplifies management of Cambium Networks&#8217; wired and wireless broadband and network edge technologies. Our customers can focus more resources on managing their business rather than the network. We make connectivity that just works.<\/p>\n<p>\n        <b>Contacts:<\/b>\u00a0<br \/>Investor Relations <br \/>Cambium Networks <br \/><u><a href=\"mailto:investors@Cambiumnetworks.com\" target=\"_blank\" rel=\"nofollow\">investors@Cambiumnetworks.com<\/a><\/u><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=SF68875&amp;sd=2025-04-21\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/cambium-networks-receives-deficiency-notice-from-nasdaq-302433581.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/cambium-networks-receives-deficiency-notice-from-nasdaq-302433581.html<\/a><\/p>\n<p>SOURCE  Cambium Networks<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=SF68875&amp;Transmission_Id=202504211630PR_NEWS_USPR_____SF68875&amp;DateId=20250421\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire HOFFMAN ESTATES, Ill. , April 21, 2025 \/PRNewswire\/ &#8212; Cambium Networks (NASDAQ: CMBM), a leading global provider of networking solutions, announced today that on April 16, 2025, it received an additional delinquency letter (the &#8220;second deficiency notice&#8221;) from The Nasdaq Stock Market LLC (&#8220;Nasdaq&#8221;) notifying the Company that it continues to be out of compliance with Nasdaq&#8217;s continued listing requirements set forth in Nasdaq Listing Rule 5250(c)(1) due to the Company&#8217;s failure to timely file its Form 10-K for the year ended December 31, 2024 (the &#8220;Form 10-K&#8221;).\u00a0 This second deficiency notice follows the notice of delinquency received from Nasdaq on April 10, 2024, notifying the Company that it has failed to meet the $1.00 per share minimum &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cambium-networks-receives-deficiency-notice-from-nasdaq\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Cambium Networks receives deficiency notice from Nasdaq&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-839642","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - 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