Cambium Networks receives deficiency notice from Nasdaq
Cambium Networks (NASDAQ: CMBM) has received a deficiency notice from Nasdaq on May 22, 2025, due to non-compliance with listing requirements.
Sentiment and the balance of points
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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)
Details
News Market Reaction – CMBM
The recorded move for CMBM in the trading session of this news was +0.61%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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