- Current report filing (8-K)
03 März 2009 - 12:02PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
Current
Report Pursuant to Section 13 or 15(d) of
the
Securities Exchange Act of 1934
Date of
report (Date of earliest event reported): March 2, 2009
AIRSPAN
NETWORKS INC.
(Exact
name of Registrant as Specified in Charter)
Washington
(State or
Other Jurisdiction of Incorporation)
000-31031
|
75-2743995
|
(Commission
File Number)
|
(I.R.S.
Employer Identification No.)
|
|
|
777
Yamato Road, Suite 310, Boca Raton, Florida
|
33431
|
(Address
of Principal Executive Offices)
|
(Zip
Code)
|
(561)
893-8670
(Registrant’s
telephone number, including area code)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
o
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
|
|
o
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
|
|
o
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
|
|
|
o
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
|
|
|
|
|
Item
8.01. Other Events.
The Board
of Directors of Airspan Networks Inc. (the “Company”) has established a special
committee of independent directors (the “Special Committee”) to consider
strategic alternatives for the Company. The Special Committee has
retained Stephens Inc. as its financial advisor to assist it in reviewing
possible strategic alternatives. There can be no assurance that
strategic alternatives will be available or that the Company will elect to
consummate any such alternatives. The Company does not currently
intend to provide updates or make any further comments until the outcome of the
strategic review process is determined. The Company has also
determined to delay its fourth quarter and full year 2008 earnings release until
after the close of the market on March 9, 2009 and before the market opens
on March 10, 2009. In light of the strategic review, the Company has
determined not to hold an earnings conference call at this
time.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
AIRSPAN
NETWORKS INC.
David
Brant
Senior
Vice President and Chief Financial Officer
Date: March
2, 2009
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