Cambium Networks Appeals Nasdaq Delisting Decision
Cambium Networks has filed an appeal to The Nasdaq Stock Market's decision, as previously reported, to delist the Company's ordinary shares from the Nasdaq Global Market. The Company filed its annual report on Form 10-K for the year ending December 31, 2024, including a restatement of the financial results for the year ending December 31, 2023, and of the financial results for each of the three quarterly periods in 2023 and 2024, on April 7. The Company anticipates that it will be in a position to file its annual report shortly for the year ending December 31, 2025, together with the quarterly reports for the quarters ending March 31, June 30 and September 30, 2025. "We have continued to operate as usual. Our inability to timely file our periodic reports with the Securities and Exchange Commission, and the restatement of prior period financial results, was due to technical accounting issues and does not impact Cambium's operations or our ability to deliver the high quality products expected of Cambium. The Company is confident that once its quarterly report for the quarter ending March 31, 2026, is filed, we will be able to timely file all future reports," stated the Company.