Cambium Networks Corp received a nasdaq delisting notice notice regarding other (rules 5820(a)).
“Decision. Trading in the Company's Ordinary Shares will be suspended at the open of trading on March 27, 2026. The Company is considering whether to request an appeal of the Delist Determination to the Nasdaq Listing and Hearing Review Council (the “Council”) in accordance with Nasdaq Listing Rule 5820(a). Such request would not stay the suspension of trading the Ordinary Shares on Nasdaq. The Company expects the Ordinary Shares will initially move to the OTC Pink Limited tier and then go into the Expert Market under its trading symbol “CMBM”, which may have a material adverse effect on the t”
Listing & Compliance Notices
Cambium Networks Corp received a nasdaq delisting notice notice regarding other (rules 5820(a)).
“Decision. Trading in the Company's Ordinary Shares will be suspended at the open of trading on March 27, 2026. The Company is considering whether to request an appeal of the Delist Determination to the Nasdaq Listing and Hearing Review Council (the “Council”) in accordance with Nasdaq Listing Rule 5820(a). Such request would not stay the suspension of trading the Ordinary Shares on Nasdaq. The Company expects the Ordinary Shares will be immediately eligible for quotation on the OTCID market operated by OTC Markets under its trading symbol: CMBM, which may have a material adverse effect on the”
Listing & Compliance Notices
Cambium Networks Corp received a nasdaq deficiency notice notice regarding other (rules 5620(a)).
“January 9, 2026, Cambium Networks Corporation (the “Company”) received a staff determination letter (the “Determination Letter”) from the Nasdaq Listing Qualifications Staff (the “Staff”) stating that because the Company did not hold an annual meeting of shareholders within twelve months from the Company's prior fiscal year end as required by Nasdaq Listing Rule 5620(a) (the “Annual Meeting Rule”), the resulting non-compliance serves as an additional basis for delisting the Company's securities from The Nasdaq Global Market. The Determination Letter notified the Company that the Nasdaq hearing”
Listing & Compliance Notices
Cambium Networks Corp received a nasdaq noncompliance notice notice regarding late filing (rules 5250(c)(1)).
“December 12, 2025, Cambium Networks Corporation (“Cambium” or the “Company”) received a partial compliance letter (the “Partial Compliance Letter”) from the Nasdaq Hearings Panel (the “Hearings Panel”) confirming the Company is in compliance with the Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Rule”), although it remains non-compliant with the Nasdaq Listing Rule 5250(c)(1) (the “Periodic Filing Rule”). The Hearings Panel also confirmed that it will maintain jurisdiction over the Company until April 8, 2026. In addition, per Nasdaq Listing Rule 5815(d)(4)(B), the Company will be sub”
Listing & Compliance Notices
Cambium Networks Corp received a nasdaq compliance regained notice regarding minimum bid price (rules 5450(a)(1)).
“December 12, 2025, Cambium Networks Corporation (“Cambium” or the “Company”) received a partial compliance letter (the “Partial Compliance Letter”) from the Nasdaq Hearings Panel (the “Hearings Panel”) confirming the Company is in compliance with the Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Rule”), although it remains non-compliant with the Nasdaq Listing Rule 5250(c)(1) (the “Periodic Filing Rule”). The Hearings Panel also confirmed that it will maintain jurisdiction over the Company until April 8, 2026. In addition, per Nasdaq Listing Rule 5815(d)(4)(B), the Company will be sub”
Listing & Compliance Notices
Cambium Networks Corp received a nasdaq hearing update notice regarding late filing (rules 5450(a)(1), 5250(c)(1)).
“December 3, 2025, Cambium Networks Corporation (the “Company”) received a decision (the "Decision Letter") from the Nasdaq Hearings Panel (the “Hearings Panel”) granting the Company’s request for continued listing of the Company’s Ordinary Shares on The Nasdaq Global Market, subject to the Company demonstrating compliance with the Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Rule”) and the Nasdaq Listing Rule 5250(c)(1) (the “Filing Rule”), and certain other conditions, including the Company demonstrating compliance with the Filing Rule on or before April 16, 2026. As previously disc”
Auditor Changes
Cambium Networks Corp reported that prior financial statements should not be relied upon.
“the Company determined that the Company’s previously issued financial statements and related disclosures for (i) the fiscal years ended December 31, 2022, and December 31, 2023, included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the “Audited Financial Statements”), and (ii) the interim periods (the “Unaudited Financial Statements”) included in the Company’s Quarterly Reports on Form 10-Q for the periods ended March 31, 2023, June 30, 2023, September 30, 2023, March 31, 2024, June 30, 2024, and September 30, 2024 (collectively the “Non-Reliance Periods”), should be restated and should no longer be relied upon”
Auditor Changes
Cambium Networks Corp engaged BDO USA, PC as its auditor.
“On November 26, 2025, the Committee approved the engagement of BDO, as the Company's independent registered public accounting firm, effective immediately.”
Auditor Changes
Cambium Networks Corp dismissed Grant Thornton LLP as its auditor.
“On November 26, 2025, the Audit Committee (the “Committee”) of the Board of Directors of Cambium Networks Corporation (the “Company”) dismissed Grant Thornton LLP (“Grant Thornton”) as the Company’s independent registered public accounting firm.”
Listing & Compliance Notices
Cambium Networks Corp received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
“November 25, 2025, Cambium Networks Corporation (the “Company”) received an additional staff determination letter (“Staff Determination Letter”) from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company it was not in compliance with Nasdaq’s continued listing standards as set forth in Listing Rule 5250(c)(1) (the “Filing Rule”), given the Company’s inability to timely file its Quarterly Report on Form 10-K for the period ended September 30, 2025 (“Q3 2025 Delinquent Filing” and together with the prior delinquent filings referenced”
Listing & Compliance Notices
Cambium Networks Corp received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A), 5250(c)(1), 5810(c)(2)).
“October 16, 2025, the Company issued a press release announcing its receipt of the Staff Determination Letter. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein. Forward-Looking Statements This Current Report on Form 8-K contains forward-looking statements, including, but not limited to, words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “seeks,” “assumes,” “may,” “should,” “could,” “would,” and variations of such words and similar expressions are intended to identify such forward-looking statements. These f”
Listing & Compliance Notices
Cambium Networks Corp received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
“August 25, 2025, Cambium Networks Corporation (the “Company”) received a delinquency letter (the “delinquency notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed with the U.S. Securities and Exchange Commission its Quarterly Report on Form 10-Q for the period ended June 30, 2025. In the delinquency notice Nasdaq confirmed that the Company has until October 13, 2025 to file all of its delinquent reports, including its delinquent Annual Report on Form”
Listing & Compliance Notices
Cambium Networks Corp received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
“May 22, 2025, Cambium Networks Corporation (the “Company”) received a deficiency letter (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed with the U.S. Securities and Exchange Commission its Quarterly Report on Form 10-Q for the three months ended March 31, 2025. The Notice has no immediate impact on the listing of the Company’s ordinary shares on Nasdaq, and the Company’s listing remains fully effective. As a non-compliant company, an indic”
Listing & Compliance Notices
Cambium Networks Corp received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
“April 16, 2025, Cambium Networks Corporation (the “Company”) received a deficiency letter (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed with the U.S. Securities and Exchange Commission its Form 10-K for the year ended December 31, 2024 (the “Form 10-K”). The Notice has no immediate impact on the listing of the Company’s ordinary shares on Nasdaq, and the Company’s listing remains fully effective. As a non-compliant company, an indicator”
Listing & Compliance Notices
Cambium Networks Corp received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).
“April 10, 2025, Cambium Networks Corporation (“Cambium” or the “Company”) received a deficiency letter from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the bid price for the Company’s Ordinary Shares closed below the $1.00 per share minimum bid price requirement for continued inclusion on the Nasdaq Global Select Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the “Bid Price Requirement”). In accordance with Nasdaq Listing Rule 5810(c)(3)(A) (the “Compliance Period Rule”)”
Restructurings & Charges
Cambium Networks Corp announced a restructuring with charges of approximately $2.2 million (approximately 55 positions).
“The Company expects to incur charges under the plan (including severance payments, employee benefits, share-based compensation expense and other costs) of approximately $2.2 million, the majority of which will be cash expenditures incurred in the first quarter of 2025. The actions associated with the employee restructuring under the plan and the costs”
Melissa Cada-Bartoli was appointed as Global Controller and Chief Accounting Officer at Cambium Networks Corp.
“Effective as of November 18, 2024, the Company has promoted Ms. Melissa Cada-Bartoli as Global Controller and Chief Accounting Officer, and designated her as the Company’s principal accounting officer.”
Sabrina Mekhalfa departed as Global Controller and Chief Accounting Officer at Cambium Networks Corp.
“Effective as of November 8, 2024, Ms. Sabrina Mekhalfa left Cambium Networks Corporation ("Cambium" or the "Company") as Global Controller and Chief Accounting Officer (Principal Accounting Officer).”
Sabrina Mekhalfa was appointed as Global Controller and Chief Accounting Officer (Principal Accounting Officer) at Cambium Networks Corp.
“On August 22, 2024, Cambium Networks Corporation (the "Company") reached agreement with Ms. Sabrina Mekhalfa, to join the Company as a consultant, for a six-month initial term, fulfilling the duties of the Global Controller and Chief Accounting Officer (Principal Accounting Officer) effective August 27, 2024.”
Bryan Sheppeck departed as Senior Vice President, Global Sales at Cambium Networks Corp.
“In addition, on July 22, 2024, Mr. Bryan Sheppeck, Senior Vice President, Global Sales, and the Company reached agreement on his departure from the Company effective as of August 30, 2024.”
John Becerril departed as Global Controller and principal accounting officer at Cambium Networks Corp.
“On July 18, 2024, Mr. John Becerril advised Cambium Networks Corporation (the "Company") that he would be leaving his employment as the Company's Global Controller and principal accounting officer effective as of September 6, 2024.”
Archana Nirwan departed as Chief Human Resources Officer at Cambium Networks Corp.
“Pursuant to the Separation Agreement, Ms. Nirwan will remain employed as the Company’s Chief Human Resources Officer through October 25, 2024 (the “Termination Date”) in order to assist with the transition of her duties.”
Earnings Releases
Cambium Networks Corp reported first quarter 2024 ended March 31, 2024 results: revenue $42.3 million, net income $26.4 million or a loss of $0.95 per diluted share, EPS $0.95 per diluted share. Guidance reaffirmed.
“Cambium Networks Reports First Quarter 2024 Financial Results • Revenues of $42.3 million”
Auditor Changes
Cambium Networks Corp engaged Grant Thornton LLP as its auditor.
“On April 5, 2024, the Audit Committee of the Board of Directors approved the appointment of Grant Thornton as the Company’s independent registered public accounting firm for the year ending December 31, 2024.”
Auditor Changes
Cambium Networks Corp dismissed KPMG LLP as its auditor.
“KPMG was dismissed as the Company’s independent registered public accounting firm on April 5, 2024.”
John Becerril changed role as Global Controller at Cambium Networks Corp.
“Mr. John Becerril will step down as interim Chief Financial Officer and principal financial officer effective the Effective Date. Mr. Becerril will remain as Cambium Networks’ Global Controller and principal accounting officer.”
Jacob Sayer was appointed as Chief Financial Officer at Cambium Networks Corp.
“On April 2, 2024 Cambium Networks Corporation (the “Company”) announced the appointment of Jacob Sayer as Chief Financial Officer of the Company, effective the Effective Date.”
Earnings Releases
Cambium Networks Corp reported the full year ended December 31, 2023 results: revenue $220.2 million, net income $77.4 million, EPS net loss of $2.81 per diluted share.
“or 16.9% of revenues for the fourth quarter 2022, and adjusted EBITDA loss of $14.4 million or (33.5)% of revenues for the third quarter 2023. For full year 2023, revenues of $220.2 million decreased by $76.7 million compared to full year 2022. GAAP gross margin was 31.3% for full year 2023 compared to 48.9% for 2022. Non-GAAP gross margin was 32.7% of revenues for”
Earnings Releases
Cambium Networks Corp reported the fourth quarter ended December 31, 2023 results: revenue $40.2 million, net income $52.9 million, EPS net loss of $1.91 per diluted share.
“specific reference in such a filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Cambium Networks Reports Fourth Quarter and Full Year 2023 Financial Results • Revenues of $40.2 million, decreased 7% sequentially, and decreased 52% year-over-year • Gross margin of (27.4)%, non-GAAP (1) gross margin of (25.1)% • Operating loss of $41.6 million, non-GAAP (1)”
Earnings Releases
Cambium Networks Corp reported the full year ended December 31, 2023 results: revenue $220.2 million, net income $63.6 million, EPS a net loss of $2.31 per diluted share.
“For full year 2023, revenues of $220.2 million decreased by $76.7 million compared to full year 2022. GAAP gross margin was 32.3% for full year 2023 compared to 48.9% for 2022. Non-GAAP gross margin was 33.8% of revenues for full year 2023, compared to 49.5% of revenues for 2022. GAAP operating loss of $58.6 million for full year 2023 compared to GAAP operating income of $19.9 million for 2022. Non-GAAP operating loss was $38.6 million or (17.5)% of revenues for full year 2023, compared to non-GAAP operating income of $34.3 million or 11.6% of revenues during 2022. GAAP net loss for full year 2023 was $63.6 million, or a net loss of $2.31 per diluted share, compared to GAAP net income of $20.2 million, or net earnings of $0.72 per diluted share for 2022.”
Earnings Releases
Cambium Networks Corp reported the fourth quarter ended December 31, 2023 results: revenue $40.2 million, net income $39.0 million, EPS a loss of $1.41 per diluted share.
“• Revenues of $40.2 million, decreased 7% sequentially, and decreased 52% year-over-year • Gross margin of (21.7)%, non-GAAP (1) gross margin of (19.4)% • Operating loss of $39.3 million, non-GAAP (1) operating loss of $34.1 million • Net loss of $39.0 million or a loss of $1.41 per diluted share, non-GAAP (1) net loss of $26.4 million or a loss of $0.95 per diluted share • Adjusted EBITDA (1) loss of $32.9 million or (81.8)% of revenues”
Earnings Releases
Cambium Networks Corp reported full year 2024 results: revenue $215 million to $245 million. Guidance initiated.
“The company expect full year 2024 revenues of between $215 million to $245 million.”
Earnings Releases
Cambium Networks Corp reported the fourth quarter 2023 ended December 31, 2023 results: revenue approximately $40.0 million. Guidance lowered.
“Cambium Networks expects revenues of approximately $40.0 million compared to the previous outlook of $45.0-$50.0 million provided on Nov. 2, 2023.”
John Becerril was appointed as interim Acting Chief Financial Officer at Cambium Networks Corp.
“On January 18, 2024, the Board of Directors of the Company appointed John Becerril, age 57, as interim Acting Chief Financial Officer and principal financial officer for the period between Mr. Bronstein’s resignation effective February 2, 2024 and the commencement of employment of a new Chief Financial Officer.”
Andrew Bronstein resigned as Chief Financial Officer at Cambium Networks Corp.
“On January 16, 2024, Andrew Bronstein, Chief Financial Officer of Cambium Networks Corporation (the “Company”) notified the Company that he will resign as the Company’s Chief Financial Officer, effective February 2, 2024, in order to pursue other opportunities.”
Debt Financings
Cambium Networks Corp amended credit facility with Bank of America, N.A. at Applicable Rate of interest being incurred on any outstanding Loans is increased maturing November 17, 2026.
“The Second Amendment amends the Existing Credit Agreement by, among other things, establishing a Covenant Relief Period during which time Holdings is (a) required to maintain certain Liquidity as provided in the Amended Credit Agreement, (b) required to maintain certain levels of Consolidated EBITDA as provided in the Amended Credit Agreement, (c) required to provide certain additional financial reporting to the Administrative Agent and (d) not required to meet (or, during such period, test) its Consolidated Leverage Ratio or Consolidated Fixed Charge Coverage Ratio. Additionally, the Second Amendment provides that, during the Covenant Relief Period, (x) the Applicable Rate of interest being incurred on any outstanding Loans is increased to 3.25% per annum for Term SOFR Loans and 2.25% per annum for Base Rate Loans, (y) the commitment fee for undrawn commitments is increased to 0.35% and (z) the ability of the Loan Parties to make certain Investments, Dispositions and Restricted Paymen”
Material Agreements
Cambium Networks Corp amended Second Amendment to Credit Agreement with Bank of America, N.A., as Administrative Agent, and the other Lenders party thereto (effective 2023-12-29).
“On December 29, 2023 (the "Amendment Effective Date"), Cambium Networks Corporation (the “Company”) entered into the Second Amendment to Credit Agreement (the “Second Amendment"), which amends the Credit Agreement, dated as of November 17, 2021 (the “Original Credit Agreement," the Original Credit Agreement as amended prior to the date hereof, the “Existing Credit Agreement," and the Existing Credit Agreement, as amended by the Second Amendment, the “Amended Credit Agreement")”
Earnings Releases
Cambium Networks Corp reported the fourth quarter ending December 31, 2023 results: revenue $45.0-$50.0 million. Guidance initiated.
“Fourth Quarter 2023 Financial Outlook Taking into account our current visibility, the financial outlook as of November 2, 2023, for the fourth quarter ending December 31, 2023, is expected to be as follows: • Revenues between $45.0-$50.0 million • GAAP gross margin between 36.3%-43.3%”
Earnings Releases
Cambium Networks Corp reported third quarter 2023 ended September 30, 2023 results: revenue $43.0 million, net income Net loss of $26.2 million, EPS loss of $0.95 per diluted share.
“Cambium Networks Reports Third Quarter 2023 Financial Results • Revenues of $43.0 million, decreased 28% sequentially, and decreased 47% year-over-year • Gross margin of 25.5%, non-GAAP (1) gross margin of 27.7% • Operating loss of $22.1 million, non-GAAP (1) operating loss of $15.5 million • Net loss of $26.2 million or a loss of $0.95 per diluted share, non-GAAP (1) net loss of $12.1 million or a loss of $0.44 per diluted share • Adjusted EBITDA (1) loss of $14.4 million or (33.5)% of revenues”
Restructurings & Charges
Cambium Networks Corp announced a restructuring with charges of approximately $1.5-$2.5 million.
“The Company expects to incur an additional approximately $1.5-$2.5 million in costs, primarily related to one-time termination benefits, which is expected to be substantially complete and costs incurred by the end of the second quarter of 2024, with all costs incurred expected by the end of 2024.”
Earnings Releases
Cambium Networks Corp updated its the three-month period ended September 30, 2023 guidance (lowered).
“On October 4, 2023, Cambium Networks Corporation (the "Company") issued a press release announcing certain preliminary financial results for the three-month period ended September 30, 2023.”
Earnings Releases
Cambium Networks Corp reported second quarter 2023 ended June 30, 2023 results: revenue $59.5 million, net income net loss of $2.6 million or $0.10 per diluted share, EPS $0.10 per diluted share.
“(EX-99.1) --- EX-99.1 Exhibit 99.1 Cambium Networks Reports Second Quarter 2023 Financial Results Morgan Kurk Announced as President & Chief Executive Officer • Revenues of $59.5 million, decreased 23% sequentially, and decreased 14% year-over-year • Record Point-to-Point revenues of $25.1 million, up 39% sequentially, and increased 60% year-over-year • Gross”
Earnings Releases
Cambium Networks Corp reported the second quarter 2023 ended June 30, 2023 results: revenue $59.5 million, net income $2.6 million, EPS $0.10 per diluted share.
“(EX-99.1) --- EX-99.1 Exhibit 99.1 Cambium Networks Reports Second Quarter 2023 Financial Results Morgan Kurk Announced as President & Chief Executive Officer • Revenues of $59.5 million, decreased 23% sequentially, and increased 14% year-over-year • Record Point-to-Point revenues of $25.1 million, up 39% sequentially, and increased 60% year-over-year • Gross”
Restructurings & Charges
Cambium Networks Corp announced a restructuring with charges of approximately $2.0 million in costs, primarily related to one-time termination benefits, contract termination costs, and other associated costs.
“The Company expects to incur approximately $2.0 million in costs, primarily related to one-time termination benefits, contract termination costs, and other associated costs, the majority of which will be incurred in the third quarter of 2023, and expects all costs incurred and cost reductions to be completed by the end of the fourth quarter of 2023.”
Atul Bhatnagar departed as President and Chief Executive Officer at Cambium Networks Corp.
“Atul Bhatnagar has stepped down from his position as President and Chief Executive Officer of the Company as of the Effective Date, but will continue to serve as a non-employee director of the Company.”
Morgan Kurk was appointed as Class II director at Cambium Networks Corp.
“The Board also approved an increase in the size of the Board from six to seven directors, and appointed Mr. Kurk as a Class II director as of the Effective Date.”
Morgan Kurk was appointed as President and Chief Executive Officer at Cambium Networks Corp.
“the Board of Directors (the “Board”) of the Company appointed Morgan Kurk as President and Chief Executive Officer.”
Shareholder Votes
Cambium Networks Corp shareholders approved Ratification of the appointment of KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-06-06 meeting.
“On Proposal 2, the ratification of the appointment of KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2023, the Company's shareholders cast their votes as follows: For Against Abstain 25,244,369 36,136 6,990”
Shareholder Votes
Cambium Networks Corp shareholders approved Election of Class I directors: Atul Bhatnagar and Alexander Slusky at the 2023-06-06 meeting.
“On Proposal 1, the election of Class I directors, the Company's shareholders cast their votes as follows: Class I Director Nominee For Withheld Broker Non-Votes Atul Bhatnagar 18,439,666 3,236,636 3,611,193 Alexander R. Slusky 16,365,236 5,311,066 3,611,193”
Earnings Releases
Cambium Networks Corp reported second quarter ending June 30, 2023 results: revenue $72.0-$80.0 million, net income between $1.2-$4.8 million, EPS between $0.04 and $0.17 per diluted share. Guidance initiated.
“Revenues between $72.0-$80.0 million, up approximately 4%-15% year-over-year • GAAP gross margin between 49.4%-50.9%; and non-GAAP gross margin between 50.3%-51.8% • GAAP operating expenses between $33.5-$34.5 million; and non-GAAP operating expenses between $30.3-$31.3 million • GAAP operating income between $2.1-$6.2 million; and non-GAAP operating income between $5.9-$10.1 million • Interest expense, net of approximately $0.6 million • GAAP net income between $1.2-$4.8 million or between $0.04 and $0.17 per diluted share; and non-GAAP net income between $4.2-$7.6 million or between $0.15 and $0.27 per diluted share • Adjusted EBITDA between $6.9-$11.1 million; and adjusted EBITDA margin between 9.6%-13.9% • GAAP effective tax rate of approximately 11.0%-15.0%; and non-GAAP effective tax rate of approximately 17.0%-21.0% • Approximately 28.6 million w”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.