other material
confidence high
sentiment negative
materiality 1.00
Airspan Networks Holdings Inc.: Nasdaq/NYSE listing notice — Airspan files Chapter 11 bankruptcy; NYSE American initiates delisting, stock suspended
Airspan Networks Holdings Inc.
- Filed voluntary Chapter 11 petitions on March 31, 2024, in Delaware Bankruptcy Court.
- Received delisting notice from NYSE Regulation on April 1, 2024; will not appeal.
- Trading of common stock (MIMO) suspended effective April 1, 2024; expected to move to OTC.
- Company warns holders could experience significant or complete loss on investment.
- Chapter 11 cases pending; trading during bankruptcy considered highly speculative.