Cambium Networks Faces Nasdaq Delisting After Compliance Issues With Shares
Cambium Networks Faces Nasdaq Delisting After Compliance Issues
On October 10, 2025, Cambium Networks Corporation, a well-known provider of networking solutions, disclosed that it had received a staff determination letter from Nasdaq's Listing Qualifications Department. This notification indicated that Cambium's shares were at risk of delisting from The Nasdaq Global Market due to failing to meet the minimum bid price requirement. Specifically, Cambium's Ordinary Shares had closed below the $1.00 per share minimum bid price for 30 consecutive business days, which is a requirement as per the Nasdaq Listing Rule 5450(a)(1).
Despite significant efforts, the company was unable to regain compliance by the October 7, 2025 deadline, which marked the end of the 180-day grace period provided under Nasdaq Listing Rule 5810(c)(3)(A). However, the staff determination letter does not immediately affect trading on the market. Cambium Networks has been granted some time to address these compliance issues before any definitive action is taken.
In addition to the minimum bid issue, Cambium also faced challenges related to filing requirements. The company was previously informed through multiple deficiency letters dated April 16, 2025, May 22, 2025, and August 25, 2025, indicating non-compliance with Nasdaq Listing Rule 5250(c)(1). The company had not filed its Annual Report on Form 10-K for the year ending December 31, 2024, nor its Quarterly Reports on Forms 10-Q for the periods concluding March 31, 2025, and June 30, 2025. These delinquent filings have compounded the company's difficulties in maintaining its listing status.
Cambium Networks has since announced its intention to request a hearing before the Nasdaq Hearings Panel regarding both the minimum bid price requirement and the delinquent filings. Initiating this hearing request will automatically delay the suspension of its securities trading for a period of 15 calendar days. The company also plans to request a stay of suspension while awaiting the outcome of the hearing.
The Hearings Panel is set to evaluate Cambium's request for an extended stay and will inform the company of its decision within 15 days following the hearing request deadline. However, there is no guarantee that the request will be granted, and if Nasdaq does not manage to rule on the suspension stay before the expiration of the automatic stay, its usual practice has been to refrain from action until the Hearing Panel makes a definitive ruling.
Cambium Networks has an established reputation, enabling service providers, enterprises, and governments to deliver innovative connectivity solutions through its ONE Network platform. The company’s focus on providing reliable digital experiences stresses the significance of maintaining its market presence and regulatory compliance.
Despite the current predicament, Cambium remains committed to addressing the compliance issues outlined by Nasdaq and is optimistic about its ability to navigate this challenge. Investors and stakeholders are keenly observing the forthcoming developments as these will influence the company's strategic decisions and market position moving forward.
About Cambium Networks
Cambium Networks is dedicated to enabling exceptional connectivity via its wired and wireless technologies. Through its innovative approach, the firm simplifies network management, allowing clients to focus on their core operations. Cambium Networks is committed to providing robust solutions that facilitate seamless connectivity for all organizations.
Forward-Looking Statements
This press release includes forward-looking statements that are subject to risks and uncertainties. Actual results may differ materially from those projected here. Cambium Networks will continue to update its stakeholders regarding compliance efforts and market status as developments occur.