Cambium Networks receives deficiency notice from Nasdaq

Rhea-AI Summary

Cambium Networks (NASDAQ: CMBM) has received a deficiency notice from Nasdaq on May 22, 2025, due to non-compliance with listing requirements. The company failed to file its Q1 2025 Quarterly Report (Form 10-Q) on time. Nasdaq has given CMBM until June 16, 2025 to either file the delinquent reports or submit a compliance plan. If Nasdaq accepts the company's plan, they may grant an extension of up to 180 calendar days, until October 13, 2025, for CMBM to regain compliance.

Positive

• None.

Negative

• Company failed to file Q1 2025 Form 10-Q on time
• Risk of potential Nasdaq delisting if compliance is not achieved
• Company is also behind on filing its 2024 Annual Report (Form 10-K)

News Market Reaction

+0.61%

1 alert

+0.61% News Effect

On the day this news was published, CMBM gained 0.61%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

HOFFMAN ESTATES, Ill., May 27, 2025 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provider of networking solutions, announced today that on May 22, 2025, it received a delinquency letter (the "deficiency notice") from The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it continues to be out of compliance with Nasdaq's continued listing requirements set forth in Nasdaq Listing Rule 5250(c)(1) due to the Company's failure to timely file its Quarterly Report on Form 10-Q for the three months ended March 31, 2025.

In the delinquency notice Nasdaq confirmed the Company has until June 16, 2025 to file its delinquent reports or to submit a plan to regain compliance with respect to its delinquent reports. 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 Annual Report on Form 10-K for the year ended December 31, 2024, or until October 13, 2025, to regain compliance.  

About Cambium Networks

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' 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.

Contacts: 
Investor Relations
Cambium Networks
investors@Cambiumnetworks.com

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SOURCE Cambium Networks

FAQ

Why did Cambium Networks (CMBM) receive a Nasdaq deficiency notice in May 2025?

Cambium Networks received a Nasdaq deficiency notice for failing to timely file its Q1 2025 Quarterly Report (Form 10-Q) and being out of compliance with Nasdaq's continued listing requirements.

What is the deadline for Cambium Networks (CMBM) to regain Nasdaq compliance?

CMBM has until June 16, 2025 to either file delinquent reports or submit a compliance plan. If Nasdaq accepts the plan, they may grant an extension until October 13, 2025.

What reports are missing from Cambium Networks (CMBM)?

CMBM is missing its Q1 2025 Quarterly Report (Form 10-Q) and its Annual Report (Form 10-K) for the year ended December 31, 2024.

What happens if Cambium Networks (CMBM) fails to meet Nasdaq's compliance deadline?

If CMBM fails to meet the compliance deadline, the company risks being delisted from the Nasdaq stock exchange.