Airspan to Receive Up to $95 Million in New Equity Financing and Eliminate All Existing Funded Debt [Yahoo! Finance]
Airspan Networks Holdings Inc. (MIMO)
Company Research
Source: Yahoo! Finance
Airspan Will Become Private Company with Strong Balance Sheet and Greater Financial Flexibility Majority-Owned by Fortress Will Operate in Normal Course While Implementing Prepackaged Recapitalization on an Expedited Basis with Full Support of all Major Creditors Secures Commitment for Over $53 Million of DIP Financing to Support Operations BOCA RATON, Fla., March 31, 2024 BUSINESS WIRE )--Airspan Networks Holdings Inc. (NYSE American: MIMO) ("Airspan" or the "Company"), a provider of ground-breaking, disruptive software and hardware for 5G networks and a pioneer in end-to-end Open RAN, private network and air-to-ground connectivity solutions, today announced that it has entered into a Restructuring Support Agreement (the "Agreement") with certain funds managed by Fortress Investment Group ("Fortress") and several of its other key financial stakeholders to position Airspan for long-term success through up to $95 million of new equity financing and the elimination of all the Com
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MIMO
News
- Airspan, Child of Wall Street SPAC Craze, Seeks Quick Bankruptcy [Yahoo! Finance]Yahoo! Finance
- Airspan, Child of Wall Street SPAC Craze, Seeks Quick Bankruptcy [BNN Bloomberg (Canada)]BNN Bloomberg
- Airspan to Receive Up to $95 Million in New Equity Financing and Eliminate All Existing Funded DebtBusiness Wire
- Global Small Cell 5G Network Market Expected to Reach USD 6.58 Billion by 2028 [Yahoo! Finance]Yahoo! Finance
- NextWave and Airspan Unveil the Next Phase of Revolutionary Private Network Expansion in Major U.S. Cities [Yahoo! Finance]Yahoo! Finance
MIMO
Earnings
- 8/9/23 - Miss
MIMO
Sec Filings
- 4/1/24 - Form 8-K
- 4/1/24 - Form NT
- 3/28/24 - Form 8-K
- MIMO's page on the SEC website