Cambium Networks Corporation filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

$CMBM
Radio And Television Broadcasting And Communications Equipment
Technology
Get the next $CMBM alert in real time by email
8-K
false0001738177CAMBIUM NETWORKS CORP00017381772025-03-312025-03-31

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 31, 2025

 

 

CAMBIUM NETWORKS CORPORATION

(Exact name of Registrant as Specified in Its Charter)

 

 

Cayman Islands

001-38952

00-0000000

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

c/o Cambium Networks, Inc.

2000 Center Drive, Suite East A401

 

Hoffman Estates, Illinois

 

60192

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 345 814-7600

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Ordinary shares, $0.0001 par value

 

CMBM

 

Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 7.01 Regulation FD Disclosure.

The Company’s press release dated March 31, 2025 announcing its Form 12b-25 Notification of Late Filing with the U.S. Securities and Exchange Commission with regard to its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and preliminary results for the quarter and fiscal year ended December 31, 2024 is attached as Exhibit 99.1 and incorporated herein by reference.

The information contained in this Current Report on Form 8-K pursuant to this “Item 7.01 Regulation FD” shall not be deemed to be filed for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section or shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, unless specifically identified therein as being incorporated by reference.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.

Description

99.1

Press Release Dated March 31, 2025

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

CAMBIUM NETWORKS CORPORATION

 

 

 

 

Date:

  March 31, 2025

By:

 /S/ Jacob A. Sayer

 

 

Name:

Title:

  Jacob A. Sayer
  Chief Financial Officer

 


Get the next $CMBM alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$CMBM

DatePrice TargetRatingAnalyst
10/5/2023Outperform → Perform
Oppenheimer
10/5/2023Mkt Outperform → Mkt Perform
JMP Securities
8/2/2023$17.00 → $12.00Neutral → Underweight
JP Morgan
11/15/2022$29.00 → $26.00Strong Buy → Outperform
Raymond James
4/14/2022Outperform → Mkt Perform
Barrington Research
3/4/2022$38.00 → $25.00Buy → Hold
Jefferies
2/22/2022$27.00 → $32.00Neutral
JP Morgan
2/18/2022$35.00 → $43.00Strong Buy
Raymond James
More analyst ratings

$CMBM
Press Releases

Fastest customizable press release news feed in the world

See more
  • Cambium Networks to Delay Form 10-K Filing for Fiscal Year 2024

    HOFFMAN ESTATES, Ill., March 31, 2025 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks" or the "Company") (NASDAQ:CMBM), a leading provider of wireless and wired networking infrastructure solutions, today announced that it has filed a Notification of Late Filing on Form 12b-25 with respect to its Annual Report on Form 10-K for the fiscal year ended December 31, 2024. Cambium Networks has determined that it is unable to file, without unreasonable effort or expense, its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 by the prescribed filing

    $CMBM
    Radio And Television Broadcasting And Communications Equipment
    Technology
  • Veradigm Announces Appointment of Two New Independent Directors and Transition of Board Leadership

    Appoints Jonathan Sacks and Bruce Felt to the Board Lou Silverman to Succeed Greg Garrison as Chairman Veradigm Inc. (OTC:MDRX) ("Veradigm" or the "Company"), a leading provider of healthcare data and technology solutions, announced today its Board of Directors (the "Board") appointed two new independent directors, Jonathan Sacks and Bruce Felt, to the Board, effective March 19, 2025, and that Lou Silverman will succeed Greg Garrison as Chairman upon his retirement from the Board on that date. In addition, Mr. Felt will become the Chair of the Audit Committee of the Board upon Mr. Garrison's retirement. Further, independent director Vinit Asar has been named Chair of the Nominating and Go

    $CMBM
    $DOMO
    $EVH
    $MDRX
    Radio And Television Broadcasting And Communications Equipment
    Technology
    Computer Software: Prepackaged Software
    Other Consumer Services
  • Cambium Networks Wi-Fi 7 Access Point Achieves OpenRoaming™ Certification

    HOFFMAN ESTATES, Ill., March 4, 2025 /PRNewswire/ -- Cambium Networks (NASDAQ:CMBM), a leading global provider of networking solutions, today announced that its latest Wi-Fi 7 indoor access point, the X7-35X, has successfully earned OpenRoaming™ certification from the Wireless Broadband Alliance (WBA) at its Wireless Global Conference APAC 2025 event held January 21-23 in Bangkok, Thailand. This milestone underscores Cambium's commitment to delivering seamless, secure, and scalable wireless connectivity for enterprises, service providers, and smart city initiatives. The WBA Pl

    $CMBM
    Radio And Television Broadcasting And Communications Equipment
    Technology

$CMBM
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$CMBM
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

See more

$CMBM
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$CMBM
SEC Filings

See more

$CMBM
Leadership Updates

Live Leadership Updates

See more
  • Veradigm Announces Appointment of Two New Independent Directors and Transition of Board Leadership

    Appoints Jonathan Sacks and Bruce Felt to the Board Lou Silverman to Succeed Greg Garrison as Chairman Veradigm Inc. (OTC:MDRX) ("Veradigm" or the "Company"), a leading provider of healthcare data and technology solutions, announced today its Board of Directors (the "Board") appointed two new independent directors, Jonathan Sacks and Bruce Felt, to the Board, effective March 19, 2025, and that Lou Silverman will succeed Greg Garrison as Chairman upon his retirement from the Board on that date. In addition, Mr. Felt will become the Chair of the Audit Committee of the Board upon Mr. Garrison's retirement. Further, independent director Vinit Asar has been named Chair of the Nominating and Go

    $CMBM
    $DOMO
    $EVH
    $MDRX
    Radio And Television Broadcasting And Communications Equipment
    Technology
    Computer Software: Prepackaged Software
    Other Consumer Services
  • Cambium Networks Corporation Names Jacob Sayer CFO

    HOFFMAN ESTATES, Ill., April 2, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ:CMBM), a leading provider of wireless networking infrastructure solutions, today announced the appointment of Jacob Sayer as Chief Financial Officer, effective April 8, 2024.  He will be responsible for Cambium's financial strategies and will lead the global finance organization, including planning, treasury, tax, reporting, and investor relations. Jacob will succeed John Becerril, who is currently acting CFO following the January 2024 departure of Andrew Bronstein. John will remain as Cambium's Global Controller and principal accounting officer. 

    $CMBM
    Radio And Television Broadcasting And Communications Equipment
    Technology
  • Cambium Networks Appoints Archana Nirwan as Chief Human Resources Officer

    ROLLING MEADOWS, Ill., May 31, 2023 /PRNewswire/ -- Cambium Networks (NASDAQ:CMBM), a leading global provider of networking solutions, today announced the appointment of Archana Nirwan to Chief Human Resources Officer. A highly experienced HR professional with more than 20 years of global experience, Ms. Nirwan has a long track record in scaling up and expanding growth organizations efficiently. Her previous experiences at Qualcomm, Cadence Design Systems and Fidelity Investments have proven her ability to drive organizational change and talent strategies for high-tech compani

    $CMBM
    Radio And Television Broadcasting And Communications Equipment
    Technology

$CMBM
Financials

Live finance-specific insights

See more
  • Cambium Networks Reports Third Quarter 2024 Financial Results

    Revenues of $43.7 million decreased 5% sequentiallyGross margin of 39.9% and non-GAAP(1) gross margin of 42.3%, both higher sequentiallyOperating loss of $8.1 million, non-GAAP(1) operating loss of $3.6 millionNet loss of $9.7 million or a loss of $0.34 per diluted share; non-GAAP(1) net loss of $3.8 million or a loss of $0.14 per diluted shareNet cash provided by operating activities of $8.9 million; $46.5 million cash on the balance sheetAdjusted EBITDA(1) loss of $2.3 million or (5.3)% of revenues, an improvement of 65% sequentiallyHOFFMAN ESTATES, Ill., Nov. 7, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ:CMBM), a leading provider of wireless and wired n

    $CMBM
    Radio And Television Broadcasting And Communications Equipment
    Technology
  • Cambium Networks Corporation Announces Third Quarter 2024 Reporting Date

    HOFFMAN ESTATES, Ill., Oct. 28, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ:CMBM), a leading provider of wireless networking infrastructure solutions, today announced that it plans to report financial results for the third quarter 2024 ended September 30, 2024, on Thursday, November 7, 2024. Conference Call and Webcast Cambium Networks will host a live webcast and conference call to discuss its financial results and Q&A at 4:30 p.m. EDT, on Thursday, November 7, 2024, with Morgan Kurk, President and CEO, and Jacob Sayer, CFO. To join the live

    $CMBM
    Radio And Television Broadcasting And Communications Equipment
    Technology
  • Cambium Networks Reports Second Quarter 2024 Financial Results

    Revenues of $45.9 million increased 9% sequentiallyGross margin of 31.4%, non-GAAP(1) gross margin of 33.5%Operating loss of $12.1 million, non-GAAP(1) operating loss of $7.9 millionNet loss of $9.1 million or a loss of $0.33 per diluted share, non-GAAP(1) net loss of $7.1 million or a loss of $0.25 per diluted shareNet cash provided by operating activities of $2.4 million; $42.6 million cash on the balance sheetAdjusted EBITDA(1) loss of $6.7 million or (14.5)% of revenues, an improvement of 57% sequentiallyHOFFMAN ESTATES, Ill., Aug. 8, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ:CMBM), a leading provider of wireless and wired networking infrastructure so

    $CMBM
    Radio And Television Broadcasting And Communications Equipment
    Technology

$CMBM
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more