Airspan Networks Holdings, Inc. Issues Reminder Concerning Expiration of Warrants
11 August 2023 - 12:28AM
Business Wire
Airspan Networks Holdings Inc. (NYSE American: MIMO) (“Airspan”)
today issued a reminder to the holders of outstanding Airspan
warrants to purchase common stock of Airspan (NYSE American: MIMO
WSA and MIMO WSB, OTC: MIMOW) that the warrants will expire on
August 13, 2023.
The NYSE American has notified Airspan that it will suspend
trading in the warrants after the close of trading on Thursday,
August 10, 2023. Any warrant not exercised prior to the expiration
time will expire and become void, and the holder will not receive
any shares of Airspan common stock.
As of July 31, 2023, there were approximately three million MIMO
WSA warrants outstanding with an exercise price of $12.50 per share
and approximately three million MIMO WSB warrants outstanding with
an exercise price of $15.00 per share.
In addition, the warrants that are traded over-the-counter under
the ticker symbol MIMOW also expire on August 13, 2023. As of July
31, 2023, there were approximately three million MIMOW warrants
outstanding with an exercise price of $17.50 per share.
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,
Air-to-Ground, 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/20230810891121/en/
Investor Relations Contact: Brett Scheiner 561-893-8660
IR@airspan.com
Media Contact: mediarelations@airspan.com
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