Cambium Networks receives deficiency notice from Nasdaq
Cambium Networks (NASDAQ: CMBM) has received a second deficiency notice from Nasdaq on April 16, 2025, due to failing to file its Form 10-K for the year ended December 31, 2024. This follows an initial deficiency notice from April 10, 2024, regarding non-compliance with the $1.00 per share minimum bid price requirement.
The company has been given 60 calendar days to either file the Form 10-K or submit a compliance plan to Nasdaq. If Nasdaq accepts the plan, Cambium could receive up to 180 calendar days (until October 13, 2025) to regain compliance. If Nasdaq rejects the plan, Cambium can appeal to a Nasdaq Hearings Panel.
Cambium Networks (NASDAQ: CMBM) ha ricevuto un secondo avviso di inadempienza da Nasdaq il 16 aprile 2025, a causa della mancata presentazione del modulo 10-K per l'anno conclusosi il 31 dicembre 2024. Questo segue un primo avviso di inadempienza del 10 aprile 2024, relativo al mancato rispetto del requisito minimo di prezzo di offerta di 1,00 dollaro per azione.
Alla società sono stati concessi 60 giorni di calendario per presentare il modulo 10-K o per sottoporre a Nasdaq un piano di conformità. Se Nasdaq accetta il piano, Cambium potrebbe ottenere fino a 180 giorni di calendario (fino al 13 ottobre 2025) per tornare in regola. In caso di rifiuto, Cambium può presentare ricorso a un pannello di udienze Nasdaq.
Cambium Networks (NASDAQ: CMBM) recibió un segundo aviso de incumplimiento por parte de Nasdaq el 16 de abril de 2025, debido a la falta de presentación del Formulario 10-K correspondiente al año terminado el 31 de diciembre de 2024. Esto sigue a un aviso inicial de incumplimiento del 10 de abril de 2024, relacionado con el incumplimiento del requisito mínimo de precio de oferta de 1,00 dólar por acción.
La compañía tiene 60 días naturales para presentar el Formulario 10-K o enviar un plan de cumplimiento a Nasdaq. Si Nasdaq acepta el plan, Cambium podría disponer de hasta 180 días naturales (hasta el 13 de octubre de 2025) para volver a cumplir. Si Nasdaq rechaza el plan, Cambium puede apelar ante un Panel de Audiencias de Nasdaq.
Cambium Networks (NASDAQ: CMBM)는 2025년 4월 16일, 2024년 12월 31일 종료된 연도에 대한 Form 10-K를 제출하지 않아 Nasdaq으로부터 두 번째 불이행 통지를 받았습니다. 이는 2024년 4월 10일, 주당 최소 입찰가 1.00달러 미달로 인한 첫 번째 불이행 통지에 이은 조치입니다.
회사는 Form 10-K를 제출하거나 Nasdaq에 준수 계획을 제출할 수 있도록 60일의 달력일을 부여받았습니다. Nasdaq이 계획을 승인하면, Cambium는 최대 180일의 달력일(2025년 10월 13일까지) 동안 준수 상태를 회복할 수 있습니다. 만약 Nasdaq이 계획을 거부하면, Cambium는 Nasdaq 심의 패널에 항소할 수 있습니다.
Cambium Networks (NASDAQ : CMBM) a reçu un deuxième avis de carence de la part de Nasdaq le 16 avril 2025, en raison du non-dépôt de son formulaire 10-K pour l'exercice clos au 31 décembre 2024. Ceci fait suite à un premier avis de carence daté du 10 avril 2024, concernant le non-respect de l'exigence minimale de prix d'offre de 1,00 dollar par action.
La société dispose de 60 jours calendaires pour déposer le formulaire 10-K ou soumettre un plan de conformité à Nasdaq. Si Nasdaq accepte le plan, Cambium pourrait bénéficier de jusqu'à 180 jours calendaires (jusqu'au 13 octobre 2025) pour se mettre en conformité. En cas de refus, Cambium peut faire appel devant un panel d'audiences de Nasdaq.
Cambium Networks (NASDAQ: CMBM) hat am 16. April 2025 eine zweite Mängelmitteilung von der Nasdaq erhalten, weil der Form 10-K für das zum 31. Dezember 2024 endende Jahr nicht eingereicht wurde. Dies folgt auf eine erste Mängelmitteilung vom 10. April 2024 wegen Nichteinhaltung der Mindestgebotspreis-Anforderung von 1,00 US-Dollar pro Aktie.
Dem Unternehmen wurden 60 Kalendertage eingeräumt, um entweder den Form 10-K einzureichen oder einen Compliance-Plan bei der Nasdaq vorzulegen. Akzeptiert die Nasdaq den Plan, könnte Cambium bis zu 180 Kalendertage (bis zum 13. Oktober 2025) Zeit erhalten, um die Compliance wiederherzustellen. Wird der Plan abgelehnt, kann Cambium Berufung bei einem Nasdaq-Hörpanel einlegen.
- None.
- Received second Nasdaq deficiency notice for failing to file 2024 Form 10-K
- Non-compliance with $1.00 minimum bid price requirement
- Risk of potential Nasdaq delisting if compliance is not achieved
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.
The Company intends to resolve the deficiency and regain compliance with the listing requirement.
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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