Reported Earlier, Airspan To Receive Up To $95M In New Equity Financing And Eliminate All Existing Funded Debt

4/1/24 2:35:48 AM ET

$MIMO

Telecommunications Equipment

Consumer Discretionary

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Enters Agreement with Creditors to Strengthen Financial Foundation and Right-Size Balance Sheet
Airspan Will Become Private Company with Strong Balance Sheet and Greater Financial Flexibility Majority-Owned by Fortress
Will Operate in Normal Course While Implementing Prepackaged Recapitalization on an Expedited Basis with Full Support of all Major Creditors
Secures Commitment for Over $53 Million of DIP Financing to Support Operations

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Recent Analyst Ratings for
$MIMO

Date	Price Target	Rating	Analyst
3/25/2022	$9.00 → $4.75	Buy → Hold	Jefferies
9/28/2021		Buy	Jefferies
9/28/2021	$11.00	Buy	Jefferies

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Radisys Acquires Mimosa to Accelerate Availability of Broadband Access for Advancing Societies
Portfolio Complements Radisys' Open Access Portfolio Radisys® Corporation ("Radisys"), a wholly owned subsidiary of Jio Platforms Limited and a global leader of open telecom solutions, today announced that it has completed the acquisition of Mimosa Networks, Inc. ("Mimosa") from Airspan Networks Holdings Inc. (NYSE:MIMO). Mimosa brings a diverse portfolio of point-to-point and point-to-multi-point connectivity products leveraging unlicensed spectrum bands. These products enable the rapid rollout of multi-gigabit-per-second Fixed Wireless Access networks and wireless backhaul connectivity for telecommunications systems. The Mimosa product suite complements Radisys Open Access (Connect Op
8/11/23 12:54:00 PM ET
$MIMO
Telecommunications Equipment
Consumer Discretionary
Airspan Networks Holdings Inc. Reports Third Quarter 2022 Results
Airspan Networks Holdings Inc. (NYSE:MIMO), which provides ground-breaking, disruptive software and hardware for 5G networks, and a pioneer in end-to-end Open RAN solutions, today announced results for the third quarter ended September 30, 2022. Key Third Quarter Financial Highlights Revenue of $41.1 million, decreased 12% sequentially from second quarter 2022, and increased 6% year-over-year Gross margin of 39.8% was essentially flat to 40.1% in second quarter 2022, and down from 44.0% in third quarter 2021 Net loss of $23.3 million, compared to a net loss of $21.0 million in second quarter 2022, and a net loss of $27.0 million for third quarter 2021 Adjusted EBITDA (non-GAAP meas
11/9/22 4:30:00 PM ET
$MIMO
Telecommunications Equipment
Consumer Discretionary
Airspan Networks to Report Third Quarter Results on November 9, 2022 and Hold Conference Call on November 10, 2022
Airspan Network Holdings Inc. (NYSE:MIMO) plans to report 2022 third quarter results after market close on Wednesday, November 9, 2022, followed by a conference call to be held at 8:30 am Eastern Standard Time on Thursday, November 10, 2022. The conference call may be accessed through a toll-free dial-in, 1-877-589-7296, or 1-215-268-9906 (local), and requesting the Airspan call, as well as on the Airspan investor relations website, https://ir.airspan.com/. An audio replay of the conference call will be available on the Airspan investor relations site following the call. About Airspan Airspan Networks Holdings Inc. (NYSE:MIMO) is a U.S.-based provider of groundbreaking, disruptive softw
11/1/22 8:01:00 AM ET
$MIMO
Telecommunications Equipment
Consumer Discretionary

$MIMO
Press Releases

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Airspan and Semco Maritime Partner to Deliver Cutting-Edge Connectivity Solutions for Wind Turbines
Airspan Networks Holdings Inc., a provider of ground-breaking, disruptive software and hardware for 5G networks and a pioneer in end-to-end Open RAN solutions is thrilled to announce our collaboration with Semco Maritime to enhance connectivity in wind turbines. This partnership will be showcased at the "Offshore Digitalisation Workshop" hosted by Semco Maritime from June 11th to 13th, 2024, at their headquarters in Esbjerg, Denmark. Wind turbines, with tower bases reaching up to 6 meters (20 feet) in diameter—comparable to the width of a city bus—and heights of over 100 meters (328 feet), roughly equivalent to a 30-story building, require robust internal connectivity for operational effi
6/11/24 8:00:00 AM ET
$MIMO
Telecommunications Equipment
Consumer Discretionary
Boldyn Networks Chooses Airspan to Provide Open RAN Solutions for Sunderland's Smart City Project
Airspan Networks Holdings Inc., a provider of ground-breaking, disruptive software and hardware for 5G networks and a pioneer in end-to-end Open RAN solutions, is thrilled to announce its continued collaboration with Boldyn Networks (Boldyn), a global leader in shared communications infrastructure, to support Sunderland City in their ongoing deployment of its ambitious smart cities project. In the initial phase of the Smart Cities project, Airspan's expertise played a pivotal role in supporting Boldyn in deploying AirSpeed 1900 outdoor small cells. These small cells were discretely incorporated into existing street furniture providing high-performance, and high-capacity connectivity acros
6/10/24 8:00:00 AM ET
$MIMO
Telecommunications Equipment
Consumer Discretionary
Airspan Announces Delisting From NYSE American
Airspan Networks Holdings Inc. (NYSE:MIMO) ("Airspan" or the "Company"), a provider of ground-breaking, disruptive software and hardware for 5G networks and a pioneer in end-to-end Open RAN, private network and air-to-ground connectivity solutions, today announced that it received notification from NYSE Regulation, Inc. ("NYSE Regulation") that NYSE Regulation has initiated proceedings to delist the Company's common stock from NYSE American. Trading of the Company's common stock has been suspended, effective April 1, 2024, and it does not intend to appeal NYSE Regulation's determination. NYSE Regulation determined that the Company's common stock is no longer suitable for listing and will
4/4/24 4:34:00 PM ET
$MIMO
Telecommunications Equipment
Consumer Discretionary

Reported Earlier, Airspan To Receive Up To $95M In New Equity Financing And Eliminate All Existing Funded Debt

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Recent Analyst Ratings for
$MIMO

$MIMO
Analyst Ratings

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Airspan Networks Holdings downgraded by Jefferies with a new price target

Jefferies initiated coverage on Airspan Networks Holdings

Jefferies initiated coverage on Airspan Networks Hldgs with a new price target

$MIMO
Financials

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Radisys Acquires Mimosa to Accelerate Availability of Broadband Access for Advancing Societies

Airspan Networks Holdings Inc. Reports Third Quarter 2022 Results

Airspan Networks to Report Third Quarter Results on November 9, 2022 and Hold Conference Call on November 10, 2022

$MIMO
Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by Airspan Networks Holdings Inc. (Amendment)

SEC Form SC 13G/A filed by Airspan Networks Holdings Inc. (Amendment)

SEC Form SC 13G/A filed by Airspan Networks Holdings Inc. (Amendment)

$MIMO
Insider Trading

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

SEC Form 4: Trempont Dominique sold $1,803 worth of shares (11,250 units at $0.16), decreasing direct ownership by 4% to 305,685 units

SEC Form 4: Liebowitz Michael sold $9,463 worth of shares (44,825 units at $0.21), decreasing direct ownership by 5% to 851,774 units

SEC Form 4: Smith Petersen Henrik covered exercise/tax liability with 8,768 shares, decreasing direct ownership by 1% to 686,045 units to satisfy tax liability

$MIMO
Press Releases

Fastest customizable press release news feed in the world

Airspan and Semco Maritime Partner to Deliver Cutting-Edge Connectivity Solutions for Wind Turbines

Boldyn Networks Chooses Airspan to Provide Open RAN Solutions for Sunderland's Smart City Project

Airspan Announces Delisting From NYSE American

$MIMO
Leadership Updates

Live Leadership Updates

Airspan Sharpens Focus on 4G/5G Open RAN and Private Networks; Reports Preliminary 2022 Results

$MIMO
SEC Filings

Airspan Networks Holdings Inc. filed SEC Form 8-K: Creation of a Direct Financial Obligation, Bankruptcy or Receivership, Financial Statements and Exhibits

SEC Form 25-NSE filed by Airspan Networks Holdings Inc.

Airspan Networks Holdings Inc. filed SEC Form 8-K: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Other Events, Financial Statements and Exhibits

$MIMO
Market Insights

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Airspan Reveals Delisting From NYSE American

NYSE American To Begin Delisting Proceedings Against Airspan Networks Holdings

Airspan Networks Holdings shares are trading higher after the company announced that it entered into a Restructuring Support Agreement and will receive up to $95 million in new equity financing and the elimination of its existing funded debt.

Reported Earlier, Airspan To Receive Up To $95M In New Equity Financing And Eliminate All Existing Funded Debt

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Recent Analyst Ratings for $MIMO

$MIMO Analyst Ratings

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

Airspan Networks Holdings downgraded by Jefferies with a new price target

Jefferies initiated coverage on Airspan Networks Holdings

Jefferies initiated coverage on Airspan Networks Hldgs with a new price target

$MIMO Financials

Live finance-specific insights

Radisys Acquires Mimosa to Accelerate Availability of Broadband Access for Advancing Societies

Airspan Networks Holdings Inc. Reports Third Quarter 2022 Results

Airspan Networks to Report Third Quarter Results on November 9, 2022 and Hold Conference Call on November 10, 2022

$MIMO Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by Airspan Networks Holdings Inc. (Amendment)

SEC Form SC 13G/A filed by Airspan Networks Holdings Inc. (Amendment)

SEC Form SC 13G/A filed by Airspan Networks Holdings Inc. (Amendment)

$MIMO Insider Trading

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

SEC Form 4: Trempont Dominique sold $1,803 worth of shares (11,250 units at $0.16), decreasing direct ownership by 4% to 305,685 units

SEC Form 4: Liebowitz Michael sold $9,463 worth of shares (44,825 units at $0.21), decreasing direct ownership by 5% to 851,774 units

SEC Form 4: Smith Petersen Henrik covered exercise/tax liability with 8,768 shares, decreasing direct ownership by 1% to 686,045 units to satisfy tax liability

$MIMO Press Releases

Fastest customizable press release news feed in the world

Airspan and Semco Maritime Partner to Deliver Cutting-Edge Connectivity Solutions for Wind Turbines

Boldyn Networks Chooses Airspan to Provide Open RAN Solutions for Sunderland's Smart City Project

Airspan Announces Delisting From NYSE American

$MIMO Leadership Updates

Live Leadership Updates

Airspan Sharpens Focus on 4G/5G Open RAN and Private Networks; Reports Preliminary 2022 Results

$MIMO SEC Filings

Airspan Networks Holdings Inc. filed SEC Form 8-K: Creation of a Direct Financial Obligation, Bankruptcy or Receivership, Financial Statements and Exhibits

SEC Form 25-NSE filed by Airspan Networks Holdings Inc.

Airspan Networks Holdings Inc. filed SEC Form 8-K: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Other Events, Financial Statements and Exhibits

$MIMO Market Insights

Live Market Insights

Airspan Reveals Delisting From NYSE American

NYSE American To Begin Delisting Proceedings Against Airspan Networks Holdings

Airspan Networks Holdings shares are trading higher after the company announced that it entered into a Restructuring Support Agreement and will receive up to $95 million in new equity financing and the elimination of its existing funded debt.

Recent Analyst Ratings for
$MIMO

$MIMO
Analyst Ratings

$MIMO
Financials

$MIMO
Large Ownership Changes

$MIMO
Insider Trading

$MIMO
Press Releases

$MIMO
Leadership Updates

$MIMO
SEC Filings

$MIMO
Market Insights