NYSE American Has Commenced Delisting Proceedings in the MIMO WS Warrants of Airspan Networks Holdings Inc.
May 12 2023 - 8:01AM
Business Wire
On May 11, 2023 NYSE American LLC (the “NYSE American”) provided
written notice to Airspan Networks Holdings Inc. (the “Company” or
“Airspan”) and publicly announced that NYSE Regulation has
suspended trading in the Company’s warrants, each exercisable for
one share of the Company’s common stock, ticker symbol MIMO WS (the
“Warrants”) and determined to commence proceedings to delist the
Warrants.
NYSE Regulation has determined that the Company’s warrants are
no longer suitable for listing pursuant to Section 1001 of the NYSE
American Company Guide due to the low trading price of the
Warrants. Trading in the Company’s common stock — ticker symbol
MIMO — and two other series of listed warrants — ticker symbols
MIMO WSA and MIMO WSB — will continue on the NYSE American.
As of May 12, 2023, the Warrants that previously traded on the
NYSE American under the symbol MIMO WSC may be quoted and traded in
the over-the-counter market under the new ticker symbol MIMWW.
About Airspan
Airspan Networks Holdings Inc. (NYSE American: MIMO) is a
U.S.-based provider of groundbreaking, disruptive software and
hardware for 5G networks, and a pioneer in end-to-end Open RAN
solutions that provide interoperability with other vendors. As a
result of innovative technology and significant R&D investments
to build and expand 5G solutions, Airspan believes it is
well-positioned with 5G indoor and outdoor, Open RAN, private
networks for enterprise customers and industrial use applications,
fixed wireless access (FWA), and CBRS solutions to help mobile
network operators of all sizes deploy their networks of the future,
today. With over one million cells shipped to 1,000 customers in
more than 100 countries, Airspan has global scale. For more
information, visit www.airspan.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230512005182/en/
Investor Relations Contact: Brett Scheiner 561-893-8660
IR@airspan.com
Media Contact: mediarelations@airspan.com
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