Cambium Networks Corp
For the period ended Dec 31, 2024. Filed Apr 7, 2026.
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FY2024 · Filed Apr 7, 2026
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Item 5. Market information
Our ordinary shares were listed on the NASDAQ Global Market under the symbol “CMBM” from June 26, 2019 to March 26, 2026.
Our ordinary shares were delisted from Nasdaq on March 27, 2026 and are now traded on the OTC Expert Market tier. As a result, public access to bid and ask prices and trading volume information became restricted, and most investors are not able to easily trade our ordinary shares during this period. Despite these developments, our ordinary shares remains tradable, with pricing information accessible to brokers and market makers. We are actively working to complete and file all required periodic reports to regain compliance with our Exchange Act reporting obligations. We intend to reapply for listing on Nasdaq as soon as we become current in our SEC filings. Our ordinary shares are currently traded on the OTC Expert Market under the symbol “CMBMF.” The last reported sale price of our ordinary shares on the OTC Expert Market on March 30, 2026 was $0.13.
Deficiency notice disclosure
The Company did not timely file its Annual Report on Form 10-K for the year ended December 31, 2024, or Quarterly Reports on Form 10-Q for the quarterly periods ended March 31, 2025, June 30, 2025 and September 30, 2025 (collectively, the “Delayed Reports”), as required by Sections 13(a) and 15(d) of the Securities Act of 1934 and Rules 13a-1 and 13a-13 thereunder. In addition, the Company is restating select financial results previously filed in its Annual Report on Form 10-K for the year ended December 31, 2023, and in the Quarterly Reports on Form 10-Q for the quarterly periods ended March 31, 2023, June 30, 2023, September 30, 2023, March 31, 2024, June 30, 2024 and September 30, 2024. This Comprehensive Form10-K includes updated disclosures for the periods covered. In addition, the Company failed to hold an annual general meeting of shareholders during 2025, as required by Nasdaq Listing Rule 5620(a), which requires all listed companies to hold an annual shareholder meeting within one year of the end of their fiscal year.
Holders of record
As of March 30, 2026, there were 115 shareholders of record of our ordinary shares. Because many of our shares are held by brokers and other institutions on behalf of shareholders, we are unable to estimate the total number of shareholders represented by these record holders.
Recent sale of unregistered securities
None.
Use of proceeds from Initial Public Offering of ordinary shares
Not applicable.
Dividend policy
We have not declared or paid dividends on our ordinary shares since our IPO. Neither Cayman Islands law nor our Amended and Restated Memorandum and Articles of Association requires our board of directors to declare dividends on our ordinary shares. Any future determination to declare cash dividends on our ordinary shares will be made at the discretion of our board of directors and will depend on our financial condition, results of operations, capital requirements, general business conditions and other factors that our board of directors may deem relevant. We do not anticipate paying cash dividends on our ordinary shares for the foreseeable future.
Equity compensation plan information
Information regarding the securities authorized for issuance under our equity compensation plans for the year ended December 31, 2024 is included in Part III, Items 10 through 14 included in this Comprehensive Form 10-K.
Issuer purchase of equity securities
None.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.