regulatory
confidence high
sentiment negative
materiality 0.75
Cambium Networks receives Nasdaq deficiency notice for bid price below $1.00
Cambium Networks Corp
- Received deficiency letter on April 10, 2025; bid price below $1.00 for 30 consecutive days.
- Must regain compliance by October 7, 2025 via $1.00 close for 10 consecutive business days.
- If not compliant, may qualify for additional 180-day period by transferring to Nasdaq Capital Market.
- Company may consider reverse stock split but no assurance of regaining compliance.
- Shares continue trading on Nasdaq under symbol CMBM; no immediate delisting effect.