Cambium Networks Corp (CMBMF) disclosed that Cambium Networks, Ltd. (CNL), its indirect wholly owned subsidiary in administration, completed the sale of its remaining business and assets to Univastu UK Limited on October 14, 2026. The purchase price was approximately US$5.1 million in cash, including a previously paid, non-refundable deposit of approximately US$0.3 million; the balance was paid at completion. The transfer included CNL’s remaining product lines, related intellectual property and contracts, and shares in its subsidiaries. Accounts receivable, cash, insurance, and tax assets and claims were excluded.
Sale proceeds were paid to CNL for application in the administration. Cambium does not expect to retain net proceeds; after administration and sale costs, it expects remaining proceeds to repay amounts outstanding under its Credit Facility, which exceed the aggregate consideration from the Airspan Sale and this sale. Cambium does not expect proceeds to be available for distribution to CNL’s unsecured creditors or the company, or value from the sale to be available to ordinary shareholders. Following the sale, Cambium has no operating subsidiaries. It expects CNL to proceed to liquidation and the company thereafter to be dissolved and wound up. Cambium cautions that its ordinary shares are highly speculative and says shareholders should expect a complete loss of their investment.
Cambium Networks Corp. (CMBMF) reported that its indirect, wholly owned subsidiary Cambium Networks, Ltd. (CNL), in administration, completed the sale of its defense business and certain fixed broadband product lines to Airspan Communications Limited on September 22, 2026; Cambium Networks, Inc. also transferred certain U.S.-related assets. The aggregate purchase price was US$27.5 million in cash plus a contingent amount equal to 50% of net collections on transferred accounts receivable, up to US$7.5 million, less certain agreed transaction costs. Airspan paid the base price at completion, less transaction costs and a US$2.5 million holdback.
US$2.0 million of the holdback is payable after final determination of a post-completion statement, subject to deductions; Airspan may retain US$0.5 million for 18 months against specified claims. CNL’s proceeds were paid for application in administration. Cambium expects remaining net proceeds after costs to repay amounts outstanding under its Credit Facility, which exceed the aggregate sale consideration, and does not expect sale value to be available to ordinary shareholders. It anticipates winding down remaining operations and eventual liquidation and dissolution. Shareholders should expect a complete investment loss. Morgan Kurk resigned as a director on September 24, 2026.
Cambium Networks Corp (CMBMF) reports that its indirect wholly owned subsidiary, Cambium Networks, Ltd. (CNL), entered administration in the UK on September 14, 2026, with four partners from RSM UK Restructuring Advisory LLP appointed as administrators. The administrators will attempt to sell the company’s assets, including some or all business lines, and the company anticipates that all remaining entities in the CNL group will ultimately be wound up through local processes.
Separately, on September 11, 2026, the company reduced its global workforce by 260 employees, representing 53.6% of its total employees, effective immediately and without severance payments. In connection with this reduction, the employment of Senior Vice President, Products, Vibhu Vivek was terminated as his role was eliminated. The company states it is currently unable to estimate the amounts it expects to incur in connection with these restructuring actions.
Cambium Networks Corp (CMBMF) reports that on August 25, 2026 it received a decision from the Nasdaq Listing and Hearing Review Council affirming a prior Nasdaq Hearings Panel determination to delist the company’s ordinary shares from The Nasdaq Stock Market for prior non-compliance with Nasdaq Listing Rule 5250(c)(1).
Trading in Cambium Networks’ ordinary shares has been suspended on Nasdaq since March 27, 2026. Under Nasdaq Listing Rule 5825, the Nasdaq board of directors may, in its sole discretion, call the Listing Council’s decision for review. The company states that it expects its ordinary shares to continue to be available for quotation on the OTC Markets Group’s Expert Market. Cambium also includes cautionary forward-looking statement language about uncertainties around Nasdaq’s possible review and OTC trading eligibility.
Cambium Networks Corp (CMBMF) reported that President and CEO Morgan C. S. Kurk had 1,780 Ordinary Shares disposed of on 2026-08-18 in a transaction classified as a payment of exercise price or tax liability by delivering or withholding securities. Following this transaction, Kurk directly holds 82,468 Ordinary Shares.
Cambium Networks Corporation reports it will not be able to file its Form 10-Q for the quarter ended June 30, 2026 by the prescribed due date and is using the automatic extension available under Form 12b-25. The company cites that timely filing would require unreasonable effort or expense.
Preliminary estimates indicate Q2 2026 revenue of about $40.8 million with a net loss of $9.3 million, compared with revenue of $39.4 million and a net loss of $9.1 million in Q2 2025. For the first six months of 2026, the company estimates revenue of $85.4 million and a net loss of $12.7 million, versus revenue of $73.1 million and a net loss of $21.1 million in the prior-year period, indicating higher sales and a substantially reduced year-to-date loss.
On July 10, 2026, Cambium Networks Corp Senior VP, Products Vivek Vibhu reported a tax-withholding disposition of 898 Ordinary Shares at $0.25 per share to satisfy tax obligations. After this non-market transaction, he directly holds 113,561 Ordinary Shares.
Cambium Networks Corporation reported results of its annual shareholder meeting, where all seven management proposals were approved. Shareholders re-elected five directors, ratified BDO USA, P.C. as auditor for the year ending December 31, 2026, and approved executive compensation on an advisory basis.
Holders of 23,074,367 ordinary shares, representing about 79.48% of the 29,032,896 shares outstanding as of May 15, 2026, were present in person or by proxy. Shareholders favored holding future say-on-pay advisory votes every three years and approved a reverse share split, along with related amendments to the Memorandum and Articles of Association, including authority for the board to handle fractional shares.
Cambium Networks Corp reported a small insider transaction by Global Controller and CAO Melissa Elizabeth Cada-Bartoli. On June 1, 2026, 59 Ordinary Shares were disposed of at $0.30 per share as a tax-withholding disposition, meaning shares were withheld to cover tax obligations rather than sold on the open market. After this transaction, she directly holds 6,331 Ordinary Shares.