Cambium networks corporation announces launch of secondary offering

Rolling meadows, ill., dec. 01, 2020 (globe newswire) -- cambium networks corporation (nasdaq: cmbm) (“cambium”), a provider of wireless networking infrastructure solutions, today announced that it has launched 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”). in addition, vector capital intends to grant the underwriters a 30-day option to purchase up to an additional 375,000 ordinary shares at the public offering price, less underwriting discounts and commissions.
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