Cambium Networks announced compliance with the Nasdaq Minimum Bid Price Rule and the appointment of Mitchell Cohen as Interim CFO.
Company remains non-compliant with the Periodic Filing Rule.
Nasdaq Hearings Panel will maintain jurisdiction until April 8, 2026, with a mandatory monitor through December 12, 2026.
Compliance Confirmation
Received a Partial Compliance Letter from Nasdaq confirming compliance with the Minimum Bid Price Rule.
Interim CFO Appointment
Appointed Mitchell Cohen as Interim Chief Financial Officer and principal financial officer.
Monitoring Period
Subject to a one-year monitoring period by Nasdaq Staff for compliance with the Minimum Bid Price Rule.
- The appointment of Mitchell Cohen brings extensive financial leadership experience to Cambium Networks.
- The company's compliance with the Minimum Bid Price Rule is a positive signal for investors.
Cambium Networks' compliance with the Nasdaq Minimum Bid Price Rule showcases commitment to regulatory standards amidst leadership changes.