Cambium Networks receives deficiency notice from Nasdaq

Group 1 - Cambium Networks received a second deficiency notice from Nasdaq for failing to file its Form 10-K for the year ended December 31, 2024, indicating non-compliance with Nasdaq Listing Rule 5250(c)(1) [1][2] - The company had previously received an initial deficiency notice on April 10, 2024, for not meeting the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5450(a)(1) [1][2] - Nasdaq has provided Cambium Networks with 60 calendar days to either file the Form 10-K or submit a compliance plan, with the possibility of an extension of up to 180 days if the plan is accepted [2] Group 2 - Cambium Networks aims to resolve the compliance deficiency and regain its listing status on Nasdaq [3] - The company provides networking solutions to service providers, enterprises, and governments, focusing on simplifying network management through its ONE Network platform [4]