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Airspan Networks Holdings

🪦 Bankrupt
$MIMOQBlank CheckSPAC Year: 2020

Trust Size

$47M

Current Price

$0.00

Peak Market Cap

$700M

Price Journey

$10 IPO$10.00 peak$0.00

What Happened

Airspan Networks was a provider of 4G and 5G wireless network equipment, including small cells and fixed wireless access solutions. The company went public via SPAC merger with New Beginnings Acquisition Corp in 2021. Airspan filed for Chapter 11 bankruptcy in March 2024.

New Beginnings Acquisition Corp merged with Airspan Networks in August 2021. The wireless equipment maker struggled with supply chain issues and intense competition from larger players. After selling its Mimosa Networks unit to Jio Platforms for $60M in 2023, Airspan still couldn't stabilize its finances and filed for Chapter 11 in March 2024.

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Timeline

2020-10-29

S-1 Registration Filed

2024-10-04

Last SEC Filing

2023-05-26

Filed for bankruptcy

SEC Filing Details

CIK Number

1823882

Total SEC Filings

316

State of Incorporation

DE

Last Filing Date

2024-10-04

Business Location

Miami, FL

Trust/Asset Size

$47M

Data sourced from SEC EDGAR Company Facts API and EFTS search index.

📄 SEC Filings

View all EDGAR filings for Airspan Networks Holdings

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