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– Cambium Networks

Cambium Networks has been offered a lifeline in its bid to remain on the Nasdaq after the stock exchange gave the vendor until April 2026 to get its house in order.

The vendor was facing a potential delisting, having failed to file reports on time on four consecutive occasions while also seeing its stock price fall below the required $1.00 minimum bid price threshold. Its stock sank to its lowest in April to below $0.30.

Cambium confirmed that the Nasdaq Hearings Panel had granted its request for continued listing, subject to it “demonstrating compliance” until April 8, 2026. The vendor also has until April 16 to file records for its past-due accounts – which include its 2024 annual report, and Q1, Q2, and Q3 reports for 2025. Additionally, it must maintain a stock price above $1.00 through April 8.

Cambium confirmed in a statement that it intends to file the delinquent filings. But even if it does meet the conditions outlined by the Nasdaq, the Hearings Panel could still opt to impose an additional one-year monitoring period.

The Illinois-based vendor was spun out of Motorola Solutions in 2011 and has seen its stock price fall significantly in recent months. But in the wake of the Hearings Panel’s decision, it soared to $1.98 at the time of writing.

It’s been listed on the Nasdaq since June 2019, and despite filing failures, CEO Morgan Kurk said the vendor was “starting to see stability,” according to unaudited financial updates posted in November.

Cambium offers wired and wireless broadband and network edge technologies. Its One Network platform, meanwhile, simplifies management of its array of solutions. The fabric acts as a single pane, allowing operators to manage their networks as a whole rather than the individual devices and nodes.