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Cambium Networks receives Nasdaq Staff Determination Letter; Will Seek Hearing & Continued Listing

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Cambium Networks (NASDAQ: CMBM) received a Nasdaq Staff Determination Letter dated October 10, 2025, notifying the company that its ordinary shares are subject to delisting from The Nasdaq Global Market.

The Staff found the company failed to maintain the $1.00 minimum bid price for 30 consecutive business days and did not regain compliance during the 180-calendar day cure period ending October 7, 2025. Separate deficiency notices cite delinquent SEC filings (2024 Form 10-K and 2025 Q1/Q2 10-Qs) with an extended cure deadline that the company could not meet.

The company will request a hearing before the Nasdaq Hearings Panel and may seek a stay; the Staff Determination Letter does not immediately suspend trading.

Cambium Networks (NASDAQ: CMBM) ha ricevuto una Lettera di Determinazione dello Staff di Nasdaq datata 10 ottobre 2025, che informa l'azienda che le sue azioni ordinarie sono soggette a delisting dal Nasdaq Global Market.

Lo Staff ha rilevato che l'azienda non ha mantenuto il prezzo minimo di offerta di $1.00 per 30 giorni lavorativi consecutivi e non ha ripristinato la conformità durante il periodo di correzione di 180 giorni solari che termina il 7 ottobre 2025. Avvisi di difetto separati citano inadempienze nelle dichiarazioni SEC (2024 Form 10-K e 2025 Q1/Q2 10-Q) con una scadenza di correzione estesa che l'azienda non è riuscita a soddisfare.

L'azienda richiederà un'udienza davanti al Nasdaq Hearings Panel e potrebbe chiedere una sospensione; la Lettera di Determinazione dello Staff non sospende immediatamente le contrattazioni.

Cambium Networks (NASDAQ: CMBM) recibió una Carta de Determinación del Personal de Nasdaq fechada el 10 de octubre de 2025, notificando a la empresa que sus acciones ordinarias están sujetas a la baja del listado del Nasdaq Global Market.

El Personal determinó que la empresa no mantuvo el precio mínimo de oferta de $1.00 durante 30 días hábiles consecutivos y no recuperó el cumplimiento durante el periodo de corrección de 180 días calendario que vence el 7 de octubre de 2025. Avisos de deficiencias separados señalan presentaciones SEC vencidas (2024 Form 10-K y 2025 Q1/Q2 10-Q) con un plazo de corrección extendido que la empresa no pudo cumplir.

La empresa solicitará una audiencia ante el Nasdaq Hearings Panel y podría solicitar una suspensión; la Carta de Determinación del Personal no suspende de inmediato las operaciones.

Cambium Networks (NASDAQ: CMBM)는 2025년 10월 10일자 Nasdaq 직원 결정 서한을 받았으며, 이 서한은 보통주가 Nasdaq Global Market에서 상장폐지 대상임을 회사에 통지합니다.

직원은 회사가 연속 30영업일 동안 $1.00 최소 호가를 유지하지 못했고 2025년 10월 7일에 종료되는 180일의 시정기간 동안 준수를 회복하지 못했다고 판단했습니다. 별도의 결함 고지서는 SEC 제출 서류 불이행 (2024년 Form 10-K 및 2025년 Q1/Q2 10-Q)로 보정 기한이 연장되었으나 회사가 이를 달성하지 못했다고 명시합니다.

회사는 Nasdaq 심리위원회 앞에서 청문회를 요청하고 체류를 구할 수 있으며, 직원 결정 서한은 즉시 거래를 중단하지 않습니다.

Cambium Networks (NASDAQ: CMBM) a reçu une lettre de détermination du personnel de Nasdaq datée du 10 octobre 2025, informant la société que ses actions ordinaires étaient soumises à un retrait de la cote du Nasdaq Global Market.

Le personnel a constaté que la société n'avait pas maintenu le prix de l'offre minimum de 1,00 $ pendant 30 jours ouvrables consécutifs et n'avait pas rétabli la conformité au cours de la période de cure de 180 jours calendaires se terminant le 7 octobre 2025. Des avis de défaut séparés mentionnent des dépôts SEC en retard (2024 Form 10-K et 2025 Q1/Q2 10-Q) avec un délai de cure prolongé que la société n'a pas pu respecter.

La société demandera une audience devant le Nasdaq Hearings Panel et peut demander une suspension; la lettre de détermination du personnel n'entraîne pas la suspension immédiate des échanges.

Cambium Networks (NASDAQ: CMBM) erhielt ein Schreiben der Nasdaq-Stabsstelle vom 10. Oktober 2025, das dem Unternehmen mitteilt, dass seine Stammaktien dem Delisting vom Nasdaq Global Market unterliegen.

Das Personal stellte fest, dass das Unternehmen den $1.00 Mindest-Offer-Preis für 30 aufeinanderfolgende Geschäftstage nicht eingehalten hat und während des 180-Tage-Korrekturzeitraums bis zum 7. Oktober 2025 nicht wieder konform wurde. Getrennte Mängelanzeigen verweisen auf verspätete SEC-Einreichungen (2024 Form 10-K und 2025 Q1/Q2 10-Q) mit einer verlängerten Nachfrist, die das Unternehmen nicht erfüllen konnte.

Das Unternehmen wird eine Anhörung vor dem Nasdaq Hearings Panel beantragen und könnte eine Aussetzung beantragen; der Staff Determination Letter unterbricht den Handel nicht sofort.

Cambium Networks (NASDAQ: CMBM) تلقّت رسالة من موظفي ناسدك بتاريخ 10 أكتوبر 2025، تُبلِغ الشركة أن أسهمها العادية عرضة للإدراج من سوق ناسدك العالمي.

وجد الموظفون أن الشركة لم تحافظ على سعر العرض الأدنى البالغ 1.00 دولار لمدة 30 يوماً عملياً متتالياً ولم تستعد الامتثال خلال فترة الإصلاح التي تبلغ 180 يوماً تقويمياً والمنتهية في 7 أكتوبر 2025. تشير إشعارات العيب المنفصلة إلى تقديمات SEC المتأخرة (نموذج 10-K لعام 2024 و10-Q للربع الأول والثاني من 2025) مع مهلة تصحيح ممتدة لم تستطع الشركة الوفاء بها.

ستطلب الشركة جلسة أمام لجنة الاستماع بنسدك وقد تسعى إلى وقف؛ لا تؤدي رسالة تقرير الموظفين إلى تعليق التداول فوراً.

Cambium Networks (NASDAQ: CMBM) 收到了 Nasdaq 员工的决定函,日期为 2025 年 10 月 10 日,通知公司其普通股将被从 Nasdaq Global Market 退市。

员工发现公司未在连续 30 个交易日内维持 $1.00 最低买入价,且在截至 2025 年 10 月 7 日的 180 天纠正期内未恢复合规。分离的缺陷通知指出 未按时提交证券交易委员会(SEC)文件(2024 年的 10-K 和 2025 年第一、二季度的 10-Q)并有延长的纠正期限,但公司未能达到要求。

公司将请求在 Nasdaq 听证小组前进行听证,并可能寻求暂停;工作人员决定函并不会立即暂停交易。

Positive
  • Company will request a Nasdaq Hearings Panel hearing to contest delisting
  • Requesting a hearing automatically stays suspension for 15 calendar days
Negative
  • Nasdaq determined shares are subject to delisting for failing the $1.00 minimum bid price
  • Company failed to regain compliance within the 180-calendar day cure period ended October 7, 2025
  • Company has delinquent SEC filings (2024 Form 10-K and 2025 Q1/Q2 10-Qs) serving as a separate delisting basis

Insights

Cambium faces Nasdaq delisting proceedings due to sub-$1 bid price and delinquent SEC filings; company will request a hearing and may seek a stay.

Nasdaq's Staff issued a formal determination on October 16, 2025 that the Company's Ordinary Shares are subject to delisting after the bid price failed the Minimum Bid Price Requirement for 30 consecutive business days and the Company did not regain compliance by October 7, 2025. Separately, the Company remains non‑compliant with the Nasdaq Filing Rule because its Annual Report on Form 10‑K for the year ended December 31, 2024 and Quarterly Reports on Form 10‑Q for the periods ended March 31, 2025 and June 30, 2025 are delinquent; the Staff had extended the filing deadline to October 13, 2025 and the Company acknowledged it could not comply by that date.

The Company intends to request a hearing before the Nasdaq Hearings Panel and can obtain an automatic 15‑day stay upon filing the hearing request; it may also request an extended stay, which the Hearings Panel will rule on within 15 days after the deadline to request the hearing. Key near‑term items to watch are whether the Company files the hearing request (which triggers the 15‑day automatic stay) and any subsequent Hearings Panel decision on an extended stay; these procedural steps will determine if trading suspension or delisting proceedings advance.

HOFFMAN ESTATES, Ill., Oct. 16, 2025 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks" or the "Company") (NASDAQ: CMBM), a leading global provider of networking solutions, announced today that on October 10, 2025, it received a staff determination letter ("Staff Determination Letter") from the Listing Qualifications Department (the "Staff") of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that the Company's Ordinary Shares are now subject to delisting from The Nasdaq Global Market.

As previously disclosed, the Company received a deficiency letter from the Staff on April 10, 2025 notifying the Company that, for 30 consecutive business days, the bid price for the Company's Ordinary Shares closed below the $1.00 per share minimum bid price requirement for continued inclusion on The Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the "Minimum Bid Price Requirement"). As the Company did not regain compliance with the Minimum Bid Price Requirement by October 7, 2025, the 180-calendar day grace period set forth by Listing Rule 5810(c)(3)(A), the Company's securities are now subject to delisting from The Nasdaq Global Market. The Staff Determination Letter has no immediate effect and will not immediately result in the suspension of trading or delisting of the Company's securities.

Additionally, as previously disclosed, the Company received deficiency letters from the Staff on April 16, 2025, May 22, 2025 and August 25, 2025 that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Filing Rule"), since the Company had not yet filed its Annual Report on Form 10-K for the year ended December 31, 2024 and its Quarterly Reports on Forms 10-Q for the periods ended March 31, 2025, and June 30, 2025, respectively (collectively, the "Delinquent Filings"), with the U.S. Securities and Exchange Commission (the "SEC"). The Staff had granted an extension of time until October 13, 2025 for the Company to regain compliance with the Filing Rule. On September 9, 2025, the Company notified the Staff that it would not be able to regain compliance with the Filing Rule by October 13, 2025. Pursuant to Listing Rule 5810(c)(2), these Delinquent Filings serve as a separate and additional bases for delisting.

Accordingly, and as described in the Staff Determination Letter, the Company intends to timely request a hearing before the Nasdaq Hearings Panel (the "Hearings Panel") with regard to the Minimum Bid Price Requirement and the Delinquent Filings, pursuant to the procedures as set forth in the Nasdaq Listing Rule 5800 Series. A request for a hearing regarding one or more delinquent filings will automatically stay the suspension of the Company's securities for a period of 15 calendar days from the date of the hearing request. When the Company requests a hearing, it may also request a stay of the suspension, pending the hearing.

A Hearings Panel will review the request for an extended stay and notify the Company of its conclusion no later than 15 days following the deadline to request the hearing. There can be no assurance that the Hearings Panel will grant any of the Company's requests for additional time. In the unlikely event that Nasdaq is not able to rule on the stay of a suspension prior to the expiration of the automatic stay, it has been Nasdaq's practice to take no action until a Hearings Panel is able to make a ruling on the extended stay request. Once the Hearings Panel makes a ruling on the extended stay, the Company intends to make a subsequent announcement.

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.

Forward-Looking Statements

This press release contains forward-looking statements, including, but not limited to, words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," "seeks," "assumes," "may," "should," "could," "would," and variations of such words and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are based upon the Company's current assumptions, beliefs, and expectations. Forward-looking statements are subject to the occurrence of many events outside of the Company's control. Actual results and the timing of events may differ materially from those contemplated by such forward-looking statements due to numerous factors that involve substantial known and unknown risks and uncertainties. These risks and uncertainties include, among other things, the Company's ability to return to and maintain compliance with Nasdaq continued listing standards and whether Nasdaq will grant the Company any relief from delisting. Forward-looking statements should be considered in light of these risks and uncertainties. Investors and others are cautioned not to place undue reliance on forward-looking statements. All forward-looking statements contained herein speak only as of the date hereof. The Company assumes no obligation and does not intend to update these forward-looking statements, except as required by law.

Contacts: 
Investor Relations
Cambium Networks
investors@cambiumnetworks.com

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SOURCE Cambium Networks

FAQ

What did Nasdaq notify Cambium Networks (CMBM) on October 10, 2025?

Nasdaq issued a Staff Determination Letter notifying Cambium that its shares are subject to delisting from The Nasdaq Global Market.

Why is CMBM subject to delisting for the minimum bid price?

CMBM's bid price closed below the $1.00 minimum for 30 consecutive business days and did not regain compliance during the 180-calendar day cure period that ended October 7, 2025.

Which SEC filings are delinquent for Cambium Networks (CMBM)?

The company has not filed its 2024 Form 10-K and its 2025 Q1 and Q2 Forms 10-Q, which Nasdaq cited as a separate delisting basis.

Will trading in CMBM be suspended immediately after the Staff Determination Letter?

No. The Staff Determination Letter has no immediate effect and will not immediately suspend trading or delist the securities.

What immediate procedural step will Cambium Networks (CMBM) take after the determination?

The company intends to timely request a hearing before the Nasdaq Hearings Panel and may request an extended stay of suspension.

How long does the automatic stay last when CMBM requests a hearing?

A hearing request automatically stays suspension for 15 calendar days from the date of the request.

Is there assurance Nasdaq will grant additional time to CMBM?

There can be no assurance the Hearings Panel will grant the company any requested additional time.
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