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Cambium Networks Corporation Announces Launch of Initial Public Offering

ROLLING MEADOWS, Ill., June 13, 2019 (GLOBE NEWSWIRE) -- Cambium Networks Corporation (“Cambium”), a provider of wireless broadband networking infrastructure solutions, today announced that it has launched the roadshow for its initial public offering of 5,800,000 ordinary shares.  The underwriters of the offering will also have a 30-day option to purchase from Cambium up to 870,000 additional ordinary shares. The initial public offering price is expected to be between $13.00 and $15.00 per share. Cambium has applied to list its ordinary shares on The Nasdaq Global Market under the symbol “CMBM.”

/EIN News/ -- J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC will act as lead book-running managers for the offering and as representatives of the underwriters. Deutsche Bank Securities Inc. will act as a book-running manager for the offering. Raymond James & Associates, Inc., JMP Securities LLC and Oppenheimer & Co. Inc. will act as co-managers for the offering.

The offering will be made only by means of a prospectus. Copies of the preliminary prospectus, when available, may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 866-803-9204, or by email at prospectuseq_fi@jpmorganchase.com; Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at 1-866-471-2526, or by e-mail at prospectus-ny@ny.email.gs.com.

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Cambium Networks
Cambium Networks provides wireless broadband networking infrastructure solutions for network operators, including medium-sized wireless Internet service providers, enterprises and government agencies. Cambium’s scalable, reliable and high-performance solutions create a purpose-built wireless fabric which connects people, places and things across distances ranging from two meters to more than 100 kilometers, indoors and outdoors, using licensed and unlicensed spectrum, at attractive economics. Headquartered outside Chicago and with R&D centers in the U.S., U.K. and India, Cambium Networks sells through a range of trusted global distributors.

Contacts: 
Investors:
Peter Schuman, IRC
Sr. Director Investor Relations
Cambium Networks
+1 (847) 264-2188
Peter.schuman@cambiumnetworks.com

Media:
Sara Black
Vice President
Bospar
+1 (213) 618-1501
sara@bospar.com

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