HOFFMAN ESTATES, In poor health., Dec. 18, 2025 /PRNewswire/ — Cambium Networks Corporation (“Cambium Networks”, “Cambium” or the “Company”) (NASDAQ: CMBM), a eminent international supplier of networking answers, introduced as of late that on December 12, 2025, the Corporate won a partiality compliance letter (“Partial Compliance Letter”) from the Nasdaq Hearings Panel (the “Hearings Panel”) confirming that the Corporate is in compliance with the Nasdaq Checklist Rule 5450(a)(1) (the “Minimum Bid Price Rule”), even though it remainder non-compliant with the Nasdaq Checklist Rule 5250(c)(1) (the “Periodic Filing Rule”). The Hearings Panel additionally showed that it’ll guard jurisdiction over the Corporate till April 8, 2026.
Alternatively, according to Nasdaq Checklist Rule 5815(d)(4)(B), the Corporate can be topic to a compulsory panel track via December 12, 2026. If, inside of that one-year tracking duration, the Nasdaq workforce (the “Staff”) unearths the Corporate once more out of compliance with the Minimal Bid Worth Rule, the Workforce will factor a delist resolution letter, at that week, depart the Corporate with a chance to request a untouched listening to to handle the delisting.
Appointment of Meantime Well-known Monetary Officer
As well as, Cambium Networks introduced as of late that it has appointed Mitchell Cohen, as Meantime Well-known Monetary Officer and most important monetary officer, efficient right away. Because of the appointment of Mr. Cohen, John Waldron will right away step indisposed as performing leading monetary officer and most important monetary officer. Mr. Waldron will stay with the Corporate, serving as a senior monetary guide.
Mr. Cohen has intensive nation corporate, personal fairness, and high-growth/startup monetary group management enjoy spanning numerous industries, with enjoy riding transformational monetary efficiency, turning in will increase in shareholder price, and eminent advanced company transactions, together with acquisitions and divestitures, debt financing, restructuring, and liquidity control. He’s adept at getting into difficult environments to stabilize operations, repair self belief, and boost up efficiency enhancements. He has supplied leading monetary officer and marketing consultant products and services to firms since 2018 and acted as meantime leading monetary officer to a number of firms since 2022, serving in such capability for Cerence, Redbox Leisure, Blue Apron and Cytodyn. He holds a Bachelor of Arts, Accounting & Economics from Queens Faculty.
About Cambium Networks
Cambium Networks permits provider suppliers, enterprises, commercial organizations, and governments in order remarkable virtual stories, and software connectivity, with compelling economics. Our ONE Community platform simplifies control of Cambium Networks’ stressed and wi-fi broadband and community edge applied sciences. Our shoppers can center of attention extra sources on managing their trade instead than the community. We build connectivity that simply works.
Ahead-Having a look Statements
This press drop comprises forward-looking statements, together with, however now not restricted to statements on the subject of the Corporate’s skill to guard compliance with the Nasdaq persisted list requirements, in addition to phrases comparable to “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “seeks,” “assumes,” “may,” “should,” “could,” “would,” and permutations of such phrases and related expressions are supposed to spot such forward-looking statements. Those forward-looking statements are based totally upon the Corporate’s tide suppositions, ideals, and expectancies. Ahead-looking statements are topic to the incidence of many occasions outdoor of the Corporate’s regulate. Original effects and the timing of occasions would possibly fluctuate materially from the ones pondered through such forward-looking statements because of various elements that contain considerable identified and unknown dangers and uncertainties. Those dangers and uncertainties come with, amongst alternative issues, the Corporate’s skill to go back to and guard compliance with Nasdaq persisted list requirements and whether or not Nasdaq will serve the Corporate any pleasure from delisting. Ahead-looking statements must be regarded as in bright of those dangers and uncertainties. Buyers and others are cautioned to not park undue reliance on forward-looking statements. All forward-looking statements contained herein discuss handiest as of the month hereof. The Corporate assumes refuse legal responsibility and does now not intend to replace those forward-looking statements, except for as required through legislation.
Contacts:
Investor Members of the family
Cambium Networks
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