Mergers & Acquisitions ·
Cambium Networks sells defense business to Airspan for $27.5M, plans dissolution
CMBMCambium Networks Corp
Cambium Networks Corporation sold its defense business and certain fixed broadband product lines to Airspan Communications Limited for a base price of US$27.5 million, plus up to US$7.5 million in contingent receivables. The transaction was completed on September 22, 2026, with proceeds applied to repay amounts outstanding under the Company's secured credit facility held by Bank of America. Consequently, no value from the sale is expected for shareholders, who are cautioned to expect a complete loss of investment. Following this disposition, the Company anticipates winding down remaining operations and ultimately dissolving Cambium Networks Corporation in accordance with Cayman Islands laws. The company operates in the wireless networking industry.