- Cambium Networks (CMBM, Financial) receives second deficiency notice from Nasdaq for failing to file 2024 Form 10-K.
- Company previously received a notice for failing to meet the $1.00 minimum bid price requirement in April 2024.
- Cambium has 60 days to file the Form 10-K or submit a compliance plan to Nasdaq, with potential for an extension if accepted.
Cambium Networks (CMBM), a global provider of networking solutions, announced recently that it has received a second deficiency notice from Nasdaq. This notice, dated April 16, 2025, was issued because the company has not filed its Form 10-K for the year ending December 31, 2024. This follows a previous notice from April 10, 2024, related to non-compliance with the $1.00 per share minimum bid price requirement.
Nasdaq has provided Cambium with a 60-day period to submit the overdue Form 10-K or to propose a compliance plan. If Nasdaq accepts the company's plan, it may grant Cambium an additional 180 calendar days, until October 13, 2025, to address the compliance issues. Should Nasdaq choose not to accept the compliance plan, Cambium has the right to appeal to a Nasdaq Hearings Panel.
Cambium Networks is focused on rectifying these issues to regain compliance with Nasdaq's listing requirements. The company continues to enable service providers, enterprises, and other organizations to deliver enhanced digital experiences through its network solutions.
