Cambium Networks Corporation Receives Nasdaq Delisting Notification and Files Form 8-K
Cambium Networks Corporation has received a staff determination letter from the Nasdaq Stock Market LLC notifying the company that its ordinary shares are subject to delisting from the Nasdaq Global Market. The delisting was due to the company's failure to regain compliance with the minimum bid price requirement and the filing rule. The company plans to request a hearing before the Nasdaq Hearing Panel to address the issues and request a stay of the suspension. In the meantime, Cambium Networks Corporation has filed a Form 8-K with the U.S. Securities and Exchange Commission, disclosing the delisting notification and the company's intention to request a hearing.
Key Takeaways:
- Cambium Networks Corporation received a staff determination letter from Nasdaq on October 10, 2025, notifying the company that its ordinary shares are subject to delisting from the Nasdaq Global Market.
- The delisting is due to the company's failure to regain compliance with the minimum bid price requirement, which requires a share price of at least $1.00, and the filing rule, which requires the company to file its annual report on Form 10-K for the year ended December 31, 2024, and its quarterly reports on Forms 10-Q for the periods ended March 31, 2025, and June 30, 2025.
- Cambium Networks Corporation plans to request a hearing before the Nasdaq Hearing Panel to address the issues and request a stay of the suspension.
- The company has filed a Form 8-K with the U.S. Securities and Exchange Commission, disclosing the delisting notification and the company's intention to request a hearing.
- The company's ordinary shares will remain listed on the Nasdaq Global Market until the delisting takes effect, which will occur on a date determined by Nasdaq.
- Cambium Networks Corporation's financial statements as of September 30, 2025, show a cash balance of $23.4 million, a current ratio of 2.14, and a debt-to-equity ratio of 0.23.
Statistics:
- The number of trading days on which Cambium Networks Corporation's ordinary shares closed below $1.00 per share: 30
- The number of consecutive business days during which Cambium Networks Corporation's ordinary shares closed below $1.00 per share: 30
- The filing date of the company's annual report on Form 10-K for the year ended December 31, 2024: Not filed
- The filing date of the company's quarterly report on Form 10-Q for the period ended March 31, 2025: Not filed
- The filing date of the company's quarterly report on Form 10-Q for the period ended June 30, 2025: Not filed
- The number of days granted by Nasdaq for Cambium Networks Corporation to regain compliance with the filing rule: 29
- The date on which Cambium Networks Corporation notified Nasdaq that it would not be able to regain compliance with the filing rule: September 9, 2025
Sources:
- UNITED STATES SECURITIES AND EXCHANGE COMMISSION
FORM 8-K CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 10, 2025
- Nasdaq Stock Market LLC
Listing Qualifications Department
Staff Determination Letter, October 10, 2025
- Press Release dated October 16, 2025
Note: Dates, publication dates, and timestamps have been extracted directly from the provided source material to preserve accuracy and consistency.