Cambium Networks IPO – What you need to know

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Cambium Networks, wireless Internet service provider, filed for an IPO with NASDAQ under the symbol “CMBM”.

Cambium Networks offering 5.8 million shares at a price range of $13.00 – $15.00.

Manager J.P. Morgan, Joint Manager Goldman Sachs. Co-Managers Deutsche Bank Securities, Raymond James, JMP Securities, Oppenheimer. The IPO is expected to price on June 26, 2019.

Cambium Networks provide wireless broadband networking infrastructure solutions for network operators, including medium-sized wireless Internet service providers, enterprises and government agencies. Our scalable, reliable and high performance solutions create a purpose built wireless fabric which connects people, places and things across distances ranging from two meters to more than 100 kilometers, indoors and outdoors, using licensed and unlicensed spectrum, at attractive economics.

The IPO is expected to trade on NASDAQ on June 26, 2019

Featured photo credit to internet