Cambium Networks Files 8-K on Operations & Officer Changes

Ticker: CMBM · Form: 8-K · Filed: Jan 18, 2024 · CIK: 1738177

Cambium Networks Corp 8-K Filing Summary
FieldDetail
CompanyCambium Networks Corp (CMBM)
Form Type8-K
Filed DateJan 18, 2024
Risk Levellow
Pages3
Reading Time4 min
Key Dollar Amounts$0.0001, $280,000
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: regulatory-filing, corporate-governance

TL;DR

**Cambium Networks filed a routine 8-K, no major news yet.**

AI Summary

Cambium Networks Corp filed an 8-K on January 18, 2024, to report on its results of operations and financial condition, as well as changes in its directors or officers and their compensatory arrangements. This filing is a routine update, indicating no immediate major shifts in the company's strategic direction or financial health based solely on the provided text. For investors, this matters because it signals ongoing compliance and transparency, but without specific financial figures or personnel changes, it doesn't offer new actionable insights for buying or selling stock.

Why It Matters

This filing indicates Cambium Networks is maintaining regulatory compliance, which is a basic expectation for publicly traded companies. However, without specific details on financial results or personnel changes, it offers limited new information for investors.

Risk Assessment

Risk Level: low — This filing is a standard regulatory update and does not contain information that suggests new or elevated risks.

Analyst Insight

A smart investor would note this routine filing but await more detailed financial results or specific personnel announcements before making any investment decisions, as this filing provides no new actionable information.

Key Players & Entities

  • Cambium Networks Corp (company) — the registrant filing the 8-K
  • January 18, 2024 (date) — date of earliest event reported and filing date
  • 001-38952 (other) — Commission File Number for Cambium Networks Corp
  • CMBM (other) — Trading Symbol for Cambium Networks Corp
  • Nasdaq Global Market (other) — exchange where Cambium Networks Corp's shares are registered

FAQ

What is the primary purpose of this 8-K filing by Cambium Networks Corp?

The primary purpose of this 8-K filing by Cambium Networks Corp, dated January 18, 2024, is to report on 'Results of Operations and Financial Condition' and 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers', as well as 'Financial Statements and Exhibits'.

What is the trading symbol and the exchange where Cambium Networks Corp's securities are registered?

Cambium Networks Corp's securities are registered under the trading symbol CMBM on the Nasdaq Global Market.

What is the state of incorporation for Cambium Networks Corp?

Cambium Networks Corp is incorporated in the Cayman Islands.

What is the business address listed for Cambium Networks Corp in the filing?

The business address listed for Cambium Networks Corp is c/o Cambium Networks, Inc., 3800 Golf Road, Suite 360, Rolling Meadows, Illinois, 60008.

What is the earliest event reported date in this 8-K filing?

The earliest event reported date in this 8-K filing is January 18, 2024.

Filing Stats: 991 words · 4 min read · ~3 pages · Grade level 12.4 · Accepted 2024-01-18 16:09:08

Key Financial Figures

  • $0.0001 — on which registered Ordinary shares, $0.0001 par value CMBM Nasdaq Global Market
  • $280,000 — hich provides for a lump sum payment of $280,000 to Mr. Bronstein in exchange for his ag

Filing Documents

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On January 18, 2024, Cambium Networks Corporation (the Company) issued a press release announcing certain preliminary financial results for the three-month period ended December 31, 2023. The press release contains forward-looking statements regarding the Company, and includes cautionary statements identifying important factors that could cause actual results to differ materially from those anticipated. The press release dated January 18, 2024, is furnished herewith as Exhibit 99.1. The information in this Item 2.02, including Exhibit 99.1, is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act) or otherwise subject to the liability of that Section, nor shall such information be deemed to be incorporated by reference in any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On January 16, 2024, Andrew Bronstein, Chief Financial Officer of Cambium Networks Corporation (the “Company”) notified the Company that he will resign as the Company’s Chief Financial Officer, effective February 2, 2024, in order to pursue other opportunities. Mr. Bronstein’s departure from the Company is not a result of any disagreement with the Company’s independent auditors or any member of management on any matter of accounting principles or practices, financial statement disclosure, or internal controls. (c) On January 18, 2024, the Board of Directors of the Company appointed John Becerril, age 57, as interim Acting Chief Financial Officer and principal financial officer for the period between Mr. Bronstein’s re

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. Exhibit No. Description 99.1 Press release dated January 18, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CAMBIUM NETWORKS CORPORATION Date: January 18, 2024 By: / S/ Sally J. Rau Name: Title: Sally J. Rau Secretary and General Counsel

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