#United States #Hoffman Estates #Interim CFO #Nasdaq Compliance #Cambium Networks

Cambium Networks Strengthens Compliance and Financial Leadership

On December 18, 2025, Cambium Networks Corporation, a prominent player in global networking solutions, announced significant milestones with compliance on Nasdaq listing requirements and the appointment of a new Interim Chief Financial Officer (CFO). This news comes as a strategically positive development for the company, which continues to navigate a challenging financial landscape.

Compliance with Nasdaq’s Minimum Bid Price Rule

The company received a partial compliance letter from the Nasdaq Hearings Panel on December 12, 2025. This letter confirmed Cambium Networks' compliance with the Nasdaq Listing Rule 5450(a)(1), which relates to the minimum bid price requirement. However, it still continues to face non-compliance regarding the Nasdaq Listing Rule 5250(c)(1), known as the Periodic Filing Rule.

The Hearings Panel has extended its jurisdiction over Cambium Networks, which will remain in effect until April 8, 2026. Additionally, based on Nasdaq Listing Rule 5815(d)(4)(B), the company will be subject to a mandatory monitoring period until December 12, 2026. This stipulation underscores the significance of maintaining compliance over the next year. If any further violations of the minimum bid price rule occur during this period, the Nasdaq staff will issue a delisting determination letter. Cambium would then have the opportunity to request a new hearing to contest the potential delisting, providing a critical avenue for the company's recovery.

Appointment of Interim Chief Financial Officer

In a related move to stabilize its financial management, Cambium Networks announced the appointment of Mitchell Cohen as the new Interim Chief Financial Officer, effective immediately. This change follows the stepping down of John Waldron from the acting CFO position. Waldron will continue to be involved with the company in a senior advisory capacity.

Mr. Cohen arrives with a wealth of experience in public and private company finance, particularly within private equity and high-growth environments. His track record includes successfully driving financial performance, enhancing shareholder value, and managing complex corporate transactions such as acquisitions, divestitures, and debt financing. As a seasoned financial leader, Cohen has served as an interim CFO for several companies since 2022, including notable firms like Cerence and Redbox Entertainment.

His educational background includes a Bachelor of Arts in Accounting and Economics from Queens College, which further bolsters his expertise in financial oversight.

About Cambium Networks

Cambium Networks is dedicated to delivering sustainable, reliable connectivity solutions for service providers, organizations across various sectors, and government entities. Their ONE Network platform simplifies the management of integrated wired and wireless broadband technologies, allowing customers to focus their resources on operational efficiency rather than their networking infrastructure.

As Cambium Networks works diligently to reinforce its financial health and compliance standing, the company is committed to ensuring that its products and services continue to meet the growing demands of digital connectivity and operational efficiency. By ensuring that connectivity works seamlessly, Cambium reaffirms its position as a key player in the networking industry, ready to meet the challenges ahead.

Conclusion

The recent announcements by Cambium Networks reflect a proactive approach to navigating its current financial challenges while positioning itself for future success. The compliance with Nasdaq regulations and the strategic appointment of a skilled financial leader are crucial steps toward reinforcing investor confidence and enhancing operational stability.