Airspan Networks to Reschedule Release of 2021 Results

Rhea-AI Summary

Airspan Networks Holdings Inc. (MIMO) announced a rescheduling of its 2021 year-end results and conference call originally set for March 10, 2022. This delay is due to the finalization of financial statement considerations related to the classification of its short and long-term debt. Airspan expects to resolve these issues shortly and will announce the new timing for the results and conference call, aligning with its filing of the annual report on Form 10-K for the year ended December 31, 2021.

Positive

• None.

Negative

• Rescheduling of year-end results indicates potential issues with financial reporting.
• Uncertainty surrounding the classification of short and long-term debt may signal financial instability.

BOCA RATON, Fla.--(BUSINESS WIRE)-- Airspan Networks Holdings Inc. (NYSE American: MIMO), a U.S-based provider of groundbreaking, disruptive software and hardware for 5G networks, announced today that it will reschedule the release of its 2021 year end results and conference call scheduled for March 10, 2022. The rescheduling relates to the finalization of certain financial statement considerations with respect to the classification of Airspan’s short and long-term debt. Airspan expects this to be resolved shortly and will make a further announcement regarding the timing of the release and conference call, which Airspan expects to occur in line with the filing of its annual report on Form 10-K for the year ended December 31, 2021.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220309005933/en/

Investor Relations Contact:

Brett Scheiner

561-893-8660

IR@airspan.com

Media Contact:

Howie Waterman

hwaterman@airspan.com

917-359-5505

Source: Airspan Networks Holdings Inc.

FAQ

Why did Airspan Networks reschedule its 2021 year-end results release?

Airspan Networks rescheduled the release to finalize financial statement considerations regarding the classification of its short and long-term debt.

When is the new date for Airspan Networks' 2021 year-end results conference call?

A new date for the conference call will be announced shortly, expected to coincide with the filing of the annual report on Form 10-K for the year ended December 31, 2021.

What stock symbol represents Airspan Networks Holdings Inc.?

The stock symbol for Airspan Networks Holdings Inc. is MIMO.