secwatch.observer — SEC 8-K summary
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Issuer:     Airspan Networks Holdings Inc. (—)
CIK:        0001823882
Form:       8-K
Filed at:   2024-04-04T23:59:59+00:00
Accession:  0001829126-24-002232
Event type: other_material
Sentiment:  negative
Materiality: 1.00
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Airspan files Chapter 11 bankruptcy; NYSE American initiates delisting, stock suspended
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823882/000182912624002232/0001829126-24-002232-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823882/000182912624002232/airspannetworks_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-24-002232

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