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Airspan Networks Holdings Inc. Makes NYSE American Section 610(b) Public Announcement
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BOCA RATON, Fla.--(BUSINESS WIRE)--
Airspan Networks Holdings Inc. (NYSE American: MIMO), which provides ground-breaking, disruptive software and hardware for 5G networks, and a pioneer in end-to-end Open RAN solutions, today announced that, as disclosed in its Annual Report on Form 10-K for the year ended December 31, 2022 filed on March 16, 2023 with the Securities and Exchange Commission, the audited financial statements for the year ended December 31, 2022 included in the 10-K contained an audit opinion from its independent registered public accounting firm, which included a going concern emphasis of matter paragraph.
This announcement is made pursuant to NYSE American Company Guide Section 610(b), which requires separate public announcement of the receipt of an audit opinion containing a going concern paragraph. This announcement does not represent any change or amendment to the Company’s consolidated financial statements or to its Annual Report on Form 10-K for the year ended December 31, 2022.
About Airspan
Airspan Networks Holdings Inc. (NYSE American: MIMO) is a U.S.-based provider of groundbreaking, disruptive software and hardware for 5G networks, and a pioneer in end-to-end Open RAN solutions that provide interoperability with other vendors. As a result of innovative technology and significant R&D investments to build and expand 5G solutions, Airspan believes it is well-positioned with 5G indoor and outdoor, Open RAN, private networks for enterprise customers and industrial use applications, fixed wireless access (FWA), and CBRS solutions to help mobile network operators of all sizes deploy their networks of the future, today. With over one million cells shipped to 1,000 customers in more than 100 countries, Airspan has global scale. For more information, visit www.airspan.com.
airspan is a leading vendor of lte small cells and small cell backhaul technologies. established originally in 1992 as a product division of dsc communications, airspan became a standalone company in 1997 and today has more than 1000 customers in over 100 countries around the world. airspan has a complete range of lte and 4g base stations and complementary small cell backhaul solutions using both lte relay and proprietary technologies. airspan also addresses non mobile carrier and private network deployment including the needs of fixed internet service providers, and a number of vertical market segments including smart grids, public safety, transportation and oil & gas. airspan has been at the forefront of breakthrough ran solutions and technologies and has deep in-house expertise in lte and lte advanced, ofdma, wi-fi and voip, airspan is able to exploit synergies and come up with innovative products and solutions that closely integrate these technologies in the most beneficial ways fo
