Cambium Networks (CMBM) Prices 2.5M Share Secondary Offering at $28/Sh
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Cambium Networks Corporation Announces Pricing of Secondary Offering
December 3, 2020 8:15 PM ESTROLLING MEADOWS, Ill., Dec. 03, 2020 (GLOBE NEWSWIRE) -- Cambium Networks Corporation (Nasdaq: CMBM) (Cambium), a provider of wireless networking infrastructure solutions, today announced the pricing of an underwritten secondary public offering of 2,500,000 ordinary shares to be sold by Vector Cambium Holdings (Cayman), L.P. (VCH, L.P.), which is owned by Vector Capital and certain of its affiliates (together with VCH, L.P., Vector Capital), at a public offering price of $28.00 per share, for total gross proceeds to Vector Capital of approximately $70 million, before deducting underwriting discounts and commissions and offering expenses. The offering is expected... More
