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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.
Cambium Networks Corporation is asking shareholders to vote at its virtual 2026 annual meeting on June 25, 2026. Shareholders of record on May 15, 2026, when 29,032,896 ordinary shares were outstanding, may participate and vote online.
Items on the ballot include electing two Class III and three Class I directors, ratifying BDO USA, P.C. as auditor for 2026, and non-binding advisory votes on executive compensation and on how often to hold future say-on-pay votes. Shareholders are also asked to approve a reverse share split and related amendments to the Memorandum and Articles of Association, including authority for the board to handle fractional shares.
The company describes its controlled company status under Nasdaq rules, ongoing reliance on related governance exemptions, and its board and committee structure. It outlines 2025 director fees and executive pay, noting no 2025 bonuses or equity grants and base salaries of $500,000 for CEO Morgan Kurk, $413,700 for Senior Vice President Products Vibhu Vivek, and $337,080 for Chief Legal and HR Officer Sally Rau.
Cambium Networks Corporation reported sharply improved operating results but remains under severe financial strain. For the three months ended March 31, 2026, revenue rose to $44.6 million from $33.7 million, driven by stronger Enterprise and Point‑to‑Multi‑Point demand. Gross margin improved to 50.8%, helping shrink the operating loss to $1.2 million and net loss to $3.4 million (basic and diluted loss per share of $0.12, versus $0.42 a year earlier).
Despite this progress, the balance sheet is stressed. Cash was $5.9 million versus $11.1 million at year‑end, while current liabilities of $141.9 million exceeded total assets of $138.4 million, leaving shareholders’ deficit at $(38.6) million. The company has $21.5 million outstanding on its term loan and $45.0 million drawn on its revolving credit facility, both classified as current after covenant breaches and payment defaults. Management acknowledges “substantial doubt” about its ability to continue as a going concern and is seeking asset divestitures, new capital and accommodations from its lender. Trading in its ordinary shares was suspended on Nasdaq and moved to the OTC Experts Market under the symbol CMBMF.