Cambium Networks Corp (CMBM) Form 8-K — Sep 28, 2026

Cambium Networks' UK subsidiary CNL, in administration since September 14, 2026, completed the sale of its defense business and certain fixed broadband product lines to Airspan Communications Limited on September 22, 2026 for $27.5 million in cash, plus up to $7.5 million contingent on receivable collections. The company expects to retain none of the proceeds: substantially all CNL assets are pledged to Bank of America under the Credit Facility, and outstanding amounts exceed the sale consideration, so no value is expected for unsecured creditors or shareholders.

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