airspan is a leading vendor of lte small cells and small cell backhaul technologies. established originally in 1992 as a product division of dsc communications, airspan became a standalone company in 1997 and today has more than 1000 customers in over 100 countries around the world. airspan has a complete range of lte and 4g base stations and complementary small cell backhaul solutions using both lte relay and proprietary technologies. airspan also addresses non mobile carrier and private network deployment including the needs of fixed internet service providers, and a number of vertical market segments including smart grids, public safety, transportation and oil & gas. airspan has been at the forefront of breakthrough ran solutions and technologies and has deep in-house expertise in lte and lte advanced, ofdma, wi-fi and voip, airspan is able to exploit synergies and come up with innovative products and solutions that closely integrate these technologies in the most beneficial ways fo
Company profile
Ticker
MIMOQ
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
New Beginnings Acquisition Corp.
SEC CIK
Corporate docs
Subsidiaries
Airspan Networks Inc. • Airspan IP Holdco LLC • Airspan Networks (SG) Inc. • Mimosa Networks, Inc. • Airspan Communications Limited • Airspan Networks (Beijing) Co Ltd • Airspan Japan K.K. • Airspan Networks Pty Limited • Airspan Networks (India) Private Limited • Airspan Networks Ltd ...
IRS number
852642786
MIMOQ stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
12 Apr 24
25-NSE
Exchange delisting
10 Apr 24
8-K
Airspan Announces Delisting from Nyse American
4 Apr 24
NT 10-K
Notice of late annual filing
1 Apr 24
8-K
Airspan to Receive Up to $95 Million In New Equity Financing and Eliminate All Existing Funded Debt
1 Apr 24
8-K
Entry into a Material Definitive Agreement
28 Mar 24
8-K
Entry into a Material Definitive Agreement
12 Mar 24
8-K
Entry into a Material Definitive Agreement
5 Mar 24
8-K
Departure of Directors or Certain Officers
28 Feb 24
8-K
Departure of Directors or Certain Officers
20 Feb 24
Latest ownership filings
144
Notice of proposed sale of securities
13 Nov 23
4
Dominique Trempont
16 Aug 23
4
Michael Liebowitz
16 Aug 23
144
Notice of proposed sale of securities
15 Aug 23
144
Notice of proposed sale of securities
14 Aug 23
4
PETERSEN HENRIK SMITH
10 Feb 23
4
GLENN LAXDAL
3 Feb 23
4
Uzi Shalev
28 Nov 22
4
DAVID MARK ELIAS BRANT
28 Nov 22
4
PETERSEN HENRIK SMITH
28 Nov 22
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 8.19 mm | 8.19 mm | 8.19 mm | 8.19 mm | 8.19 mm | 8.19 mm |
Cash burn (monthly) | 650.33 k | 1.59 mm | 3.63 mm | 6.42 mm | 5.73 mm | 3.91 mm |
Cash used (since last report) | 4.32 mm | 10.59 mm | 24.12 mm | 42.68 mm | 38.10 mm | 25.98 mm |
Cash remaining | 3.86 mm | -2.40 mm | -15.94 mm | -34.50 mm | -29.92 mm | -17.79 mm |
Runway (months of cash) | 5.9 | -1.5 | -4.4 | -5.4 | -5.2 | -4.6 |
Institutional ownership, Q2 2023
60.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 30 |
Opened positions | 8 |
Closed positions | 6 |
Increased positions | 4 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 7.52 bn |
Total shares | 45.26 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Oak Management | 28.64 mm | $4.87 bn |
SFTBY Softbank | 12.78 mm | $2.12 bn |
Pennant Investors | 1.22 mm | $174.20 mm |
Vanguard | 1.03 mm | $171.98 mm |
STT State Street | 305.59 k | $50.82 mm |
Geode Capital Management | 241.03 k | $40.08 mm |
QCOM Qualcomm | 228.42 k | $103.00 k |
Caption Management | 207.22 k | $249.00 k |
FIG Fortress Investment | 148.55 k | $22.44 mm |
Cubist Systematic Strategies | 80.48 k | $13.38 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Aug 23 | Dominique Trempont | Common Stock | Sell | Dispose S | No | No | 0.1603 | 11,250 | 1.80 k | 305,685 |
14 Aug 23 | Michael Liebowitz | Common Stock | Sell | Dispose S | No | No | 0.2112 | 400 | 84.48 | 851,774 |
14 Aug 23 | Michael Liebowitz | Common Stock | Sell | Dispose S | No | No | 0.2116 | 364 | 77.02 | 852,174 |
14 Aug 23 | Michael Liebowitz | Common Stock | Sell | Dispose S | No | No | 0.2111 | 44,061 | 9.30 k | 852,538 |
8 Feb 23 | Petersen Henrik Smith | Common Stock | Payment of exercise | Dispose F | No | No | 1.38 | 8,768 | 12.10 k | 686,045 |
1 Feb 23 | Glenn Laxdal | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 64,063 | 0.00 | 669,607 |
21 Nov 22 | David Brandt | Common Stock | Payment of exercise | Dispose F | No | No | 2.165 | 22,969 | 49.73 k | 608,678 |
News
Reported Earlier, Airspan To Receive Up To $95M In New Equity Financing And Eliminate All Existing Funded Debt
1 Apr 24
Airspan Receives Up To $95M Equity Financing, Eliminates All Debt, And Becomes Private Under Fortress Majority Ownership; Files Chapter 11 To Expedite Restructuring
31 Mar 24
12 Information Technology Stocks Moving In Thursday's After-Market Session
28 Mar 24
12 Information Technology Stocks Moving In Monday's Pre-Market Session
4 Mar 24
12 Information Technology Stocks Moving In Friday's After-Market Session
1 Mar 24