Private company
Airspan Networks Holdings Inc.
American radio and tv broadcasting and communications equipment company1
In its 2024 annual report the company says: “Airspan Networks Holdings Inc. is a designer and producer of wireless network equipment for 4G and 5G networks for both mainstream public telecommunications service providers and private network implementations.”4 It is headquartered in Boca Raton, Florida.1
Last updated Oct 21, 2026.
Overview
- IndustryRadio & Tv Broadcasting & Communications Equipment1
- HeadquartersBoca Raton, Florida1
- Incorporated inDE2
- Business address777 Yamato Drive, Suite 310, Boca Raton, Fl 334312
- Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company2
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Airspan Networks Holdings Inc. (“Airspan,” the “Company,” “we” or “us”) is a designer and producer of wireless network equipment for 4G and 5G networks for both mainstream public telecommunications service providers and private network implementations.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue56¢$58.1M
- Research and development43¢$45.0M
- Income tax0¢$496.0K
Out of $77.6M in revenue.5 The company lost money this year.
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenue | $173.0M6 | $177.3M7 | $167.3M5 | $77.6M5 | ||
| Cost of revenue | $88.9M6 | $99.3M7 | $100.8M5 | $58.1M5 | ||
| Gross profit | $84.1M6 | $78.0M7 | $66.4M5 | $19.5M5 | ||
| Research and development | $52.9M6 | $63.4M7 | $61.4M5 | $45.0M5 | ||
| Operating expenses | $139.3M7 | $134.4M5 | $90.4M5 | |||
| Operating income | -$15.8M6 | -$61.3M7 | -$68.0M5 | -$71.0M5 | ||
| Income before tax | -$71.2M7 | -$85.6M5 | -$79.4M5 | |||
| Income tax | -$782.0K6 | -$690.0K7 | -$197.0K5 | -$496.0K5 | ||
| Net income | -$25.6M6 | -$70.5M7 | -$85.4M5 | -$78.9M5 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Cash | $3.0M6 | $18.2M6 | $62.9M7 | $7.3M5 | $7.5M5 | |
| Receivables | $58.0M7 | $46.6M5 | $10.4M5 | |||
| Inventory | $17.2M7 | $18.6M5 | $4.1M5 | |||
| Current assets | $109.9M6 | $157.2M7 | $89.7M5 | $37.1M5 | ||
| Property, plant and equipment | $7.7M7 | $7.4M5 | $4.5M5 | |||
| Goodwill | $13.6M7 | $13.6M5 | ||||
| Intangible assets | $6.4M7 | $5.3M5 | $5.3M5 | |||
| Total assets | $147.7M6 | $195.5M7 | $125.1M5 | $47.3M5 | ||
| Accounts payable | $29.7M7 | $26.2M5 | $9.5M5 | |||
| Short-term debt | $275.0K7 | $259.0K5 | $265.0K5 | |||
| Current liabilities | $77.3M6 | $73.6M7 | $198.7M5 | $194.3M5 | ||
| Long-term debt | $2.1M6 | $431.0K6 | ||||
| Total liabilities | $168.1M6 | $211.8M7 | $205.9M5 | $198.2M5 | ||
| Retained earnings | -$765.9M7 | -$851.2M5 | -$930.1M5 | |||
| Shareholders’ equity | -$360.9M6 | $2.6M6 | -$20.4M7 | -$16.3M5 | -$80.8M5 | -$151.0M5 |
| Shares outstanding | 59.7M shares6 | 72.3M shares7 | 74.3M shares5 | 74.6M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Cash from operations | -$20.4M6 | -$66.7M7 | -$47.2M5 | -$39.7M5 | ||
| Depreciation and amortization | $4.3M7 | $4.6M5 | $3.2M5 | |||
| Stock-based compensation | $10.6M7 | $21.1M5 | $7.1M5 | |||
| Capital spending | $2.2M6 | $6.0M7 | $3.1M5 | $1.3M5 | ||
| Free cash flow | -$22.6M | -$72.7M | -$50.3M | -$41.0M | ||
| Cash from investing | -$6.0M7 | -$3.1M5 | $53.7M5 | |||
| Cash from financing | $117.2M7 | -$5.6M5 | -$13.8M5 |
Corporate structure
Airspan Networks Holdings Inc. sits at the top of its group. 13 entities, 10 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Airspan Networks Holdings Inc.
- Select Equity Group, L.P. Filed SC 13G/A on Airspan Networks Holdings Inc., latest Feb 14, 2022
- BASSO CAPITAL MANAGEMENT, L.P. Filed SC 13G/A on Airspan Networks Holdings Inc., latest Feb 11, 2022
- Polar Asset Management Partners Inc. Filed SC 13G/A on Airspan Networks Holdings Inc., latest Feb 10, 2022
- Hudson Bay Capital Management LP Filed SC 13G/A on Airspan Networks Holdings Inc., latest Feb 8, 2022
- Weiss Asset Management LP Filed SC 13G/A on Airspan Networks Holdings Inc., latest Feb 4, 2022
- Airspan Networks Holdings Inc. Boca Raton, Florida
- Airspan Communications Limited Subsidiary · United Kingdom
- Airspan IP Holdco LLC Subsidiary · Delaware, United States
- Airspan Japan K.K. Subsidiary · Japan
- Airspan Networks (Beijing) Co Ltd Subsidiary · China
- Airspan Networks (Finland) OY Subsidiary · Finland
- Airspan Networks (India) Private Limited Subsidiary · India
- Airspan Networks (Poland) Sp z.o.o. Subsidiary · Poland
- Airspan Networks (SG) Inc. Subsidiary · Delaware, United States
- Airspan Networks Inc. Subsidiary · Delaware, United States
- Airspan Solutions Limited Subsidiary · Israel
- Cong ty TNHH Airspan Vietnam Subsidiary · Vietnam
- P.T. Airspan Networks Indonesia Subsidiary · Indonesia
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Airspan Networks Holdings Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $13.6M5 Dec 31, 2023 | $38.0M5 Dec 31, 2022 | −64.1% |
| Accumulated depreciation | $9.1M5 Dec 31, 2023 | $30.6M5 Dec 31, 2022 | −70.2% |
| Property and equipment, net | $4.5M5 Dec 31, 2023 | $7.4M5 Dec 31, 2022 | −38.6% |
| Operating-lease assets (leased space) | $2.6M5 Dec 31, 2023 | $5.7M5 Dec 31, 2022 | −53.5% |
Investments
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $13.6M5 Dec 31, 2022 | $13.6M7 Dec 31, 2021 | 0% |
| Intangible assets, net (excluding goodwill) | $5.3M5 Dec 31, 2022 | $6.4M7 Dec 31, 2021 | −17.6% |
| Finite-lived intangibles, gross | $10.8M5 Dec 31, 2023 | $10.8M7 Dec 31, 2022 | 0% |
| Accumulated amortization | $5.5M5 Dec 31, 2023 | $5.5M7 Dec 31, 2022 | 0% |
| Finite-lived intangibles, net | $5.3M5 Dec 31, 2023 | $5.3M7 Dec 31, 2022 | 0% |
Inventory
Leadership
Who has led Airspan Networks Holdings Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerEric Stonestrom Aug 17, 2021 to Sep 6, 202210
- Chief executive officerMichael Liebowitz Oct 29, 2020 to May 28, 202111
- ChairRussell W. Galbut Oct 29, 2020 to Nov 12, 202012
- PresidentGlenn Laxdal Feb 3, 2022 to Feb 3, 202313
- PresidentEric Stonestrom Aug 17, 2021 to Dec 9, 202110
- Chief financial officerDavid Brandt Aug 17, 2021 to Nov 28, 202214
- Chief operating officerGlenn Laxdal Feb 3, 2022 to Feb 3, 202313
- Chief operating officerUzi Shalev Aug 17, 2021 to Aug 17, 202115
Board members and other officers (12)
- CTOUzi Shalev Jun 22, 2022 to Nov 28, 202216
- Head of ProductsEli Leizerovitz Aug 17, 2021 to Jun 22, 202217
- Board memberBandel L. Carano Aug 17, 2021 to May 18, 202218
- Board memberDominique Trempont Aug 17, 2021 to Aug 16, 202319
- Board memberEric Stonestrom Aug 17, 2021 to Sep 6, 202210
- Board memberMathew Oommen Aug 17, 2021 to Nov 1, 202120
- Board memberScot Jarvis Aug 17, 2021 to Nov 1, 202121
- Board memberDivya Seshamani Nov 1, 2021 to Nov 1, 202122
- Board memberBenjamin Garrett Oct 29, 2020 to Oct 29, 202023
- Board memberMichael Liebowitz Oct 29, 2020 to Aug 16, 202311
- Board memberPerry Weitz Oct 29, 2020 to Oct 29, 202024
- Board memberKathleen M. Walsh Nov 2, 2020 to Nov 2, 202025
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Airspan Communications Limited United Kingdom3
- Airspan Communications Ltd Nepal3
- Airspan IP Holdco LLC Delaware3
- Airspan Japan K.K. Japan3
- Airspan Networks (Beijing) Co Ltd China3
- Airspan Networks (Finland) OY Finland3
- Airspan Networks (India) Private Limited India3
- Airspan Networks (Poland) Sp z.o.o. Poland3
- Airspan Networks (SG) Inc. Delaware3
- Airspan Networks Inc. Delaware3
- Airspan Networks Ltd Israel3
- Airspan Networks Pty Limited Australia3
- Airspan Solutions Limited Israel3
- Cong ty TNHH Airspan Vietnam Vietnam3
- P.T. Airspan Networks Indonesia Indonesia3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- New Beginnings Acquisition Corp.Sep 21, 2020 to Aug 12, 20212
Timeline
- Apr 12, 20248-K Entered a material agreement; New debt or obligation26
- Apr 4, 20248-K Listing notice or transfer; Other events27
- Apr 1, 20248-K Entered a material agreement; Bankruptcy or receivership; Debt or obligation accelerated28
- Mar 28, 20248-K Entered a material agreement29
- Mar 12, 20248-K Entered a material agreement; New debt or obligation30
- Mar 5, 20248-K Entered a material agreement; New debt or obligation31
- Feb 28, 20248-K Executive or director change32
- Feb 20, 20248-K Executive or director change33
- Dec 29, 20238-K Executive or director change34
- Dec 29, 20238-K Entered a material agreement; New debt or obligation35
- Dec 28, 20238-K Executive or director change36
- Nov 16, 20238-K Entered a material agreement; New debt or obligation; Executive or director change37
- Aug 17, 2021New chief executive Eric Stonestrom becomes CEO10
- Oct 29, 2020New chief executive Michael Liebowitz becomes CEO11
Calendar
When it reported results
- Nov 9, 2023Reported quarterly or annual results38
- Mar 16, 2023Reported quarterly or annual results39
- Mar 9, 2023Reported quarterly or annual results40
- Nov 10, 2022Reported quarterly or annual results41
- Aug 10, 2022Reported quarterly or annual results42
- May 12, 2022Reported quarterly or annual results43
- Apr 12, 2022Reported quarterly or annual results44
- Nov 10, 2021Reported quarterly or annual results45
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
184 filings to the SEC since October 2021: 3 annual reports, 7 quarterly reports, 40 major events, 46 insider forms, 5 large holders, 83 other. The latest 20:
- Oct 4, 202415-12G 15-15G EDGAR
- Oct 4, 202410-K EDGAR
- May 30, 2024EFFECT EDGAR
- May 30, 2024EFFECT EDGAR
- May 29, 2024S-8 POS EDGAR
- May 29, 2024S-8 POS EDGAR
- May 29, 2024S-8 POS EDGAR
- May 29, 2024POS AM EDGAR
- May 29, 2024POS AM EDGAR
- Apr 12, 20248-K EDGAR
- Apr 4, 20248-K EDGAR
- Apr 1, 2024NT 10-K EDGAR
- Apr 1, 20248-K EDGAR
- Mar 28, 20248-K EDGAR
- Mar 12, 20248-K EDGAR
- Mar 5, 20248-K EDGAR
- Feb 28, 20248-K EDGAR
- Feb 20, 20248-K EDGAR
- Dec 29, 20238-K EDGAR
- Dec 29, 20238-K/A EDGAR
The 184 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
51 open-market trades by officers, directors and large owners since October 2021: 10 buys and 41 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 15, 2023 | Trempont DominiqueDirector | Sale | 11,250 | $0.16 | $1.8K | Form 4 |
| Aug 14, 2023 | Liebowitz MichaelDirector | Sale | 44,825 | $0.21 | $9.4K | Form 4 |
| Nov 23, 2022 | SMITH PETERSEN HENRIKChief Sales&Marketing Officer | Sale | 397 | $1.87 | $742 | Form 4 |
| Nov 23, 2022 | Shalev UziCTO | Sale | 483 | $1.87 | $903 | Form 4 |
| Nov 23, 2022 | BRANT DAVID MARK ELIASSVP & CFO | Sale | 873 | $1.87 | $1.6K | Form 4 |
| Nov 22, 2022 | SMITH PETERSEN HENRIKChief Sales&Marketing Officer | Sale | 1,107 | $1.95 | $2.2K | Form 4 |
| Nov 22, 2022 | Shalev UziCTO | Sale | 1,344 | $1.95 | $2.6K | Form 4 |
| Nov 22, 2022 | BRANT DAVID MARK ELIASSVP & CFO | Sale | 2,430 | $1.95 | $4.7K | Form 4 |
| Nov 21, 2022 | SMITH PETERSEN HENRIKChief Sales&Marketing Officer | Sale | 1,403 | $2.05 | $2.9K | Form 4 |
| Nov 21, 2022 | Shalev UziCTO | Sale | 1,705 | $2.05 | $3.5K | Form 4 |
| Nov 21, 2022 | BRANT DAVID MARK ELIASSVP & CFO | Sale | 3,080 | $2.05 | $6.3K | Form 4 |
| Oct 25, 2022 | SMITH PETERSEN HENRIKChief Sales&Marketing Officer | Sale | 4,714 | $2.17 | $10.2K | Form 4 |
| Oct 25, 2022 | Shalev UziCTO | Sale | 5,728 | $2.17 | $12.4K | Form 4 |
| Oct 25, 2022 | BRANT DAVID MARK ELIASSVP & CFO | Sale | 10,350 | $2.17 | $22.5K | Form 4 |
| Oct 24, 2022 | SMITH PETERSEN HENRIKChief Sales&Marketing Officer | Sale | 2,462 | $2.36 | $5.8K | Form 4 |
| Oct 24, 2022 | Shalev UziCTO | Sale | 2,991 | $2.36 | $7.1K | Form 4 |
| Oct 24, 2022 | BRANT DAVID MARK ELIASSVP & CFO | Sale | 5,406 | $2.36 | $12.8K | Form 4 |
| Oct 21, 2022 | SMITH PETERSEN HENRIKChief Sales&Marketing Officer | Sale | 3,717 | $2.52 | $9.4K | Form 4 |
| Oct 21, 2022 | Shalev UziCTO | Sale | 4,516 | $2.52 | $11.4K | Form 4 |
| Oct 21, 2022 | BRANT DAVID MARK ELIASSVP & CFO | Sale | 8,161 | $2.52 | $20.6K | Form 4 |
All 51 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Select Equity Group, L.P.SC 13G/A, 1 filing Feb 14, 202246
- BASSO CAPITAL MANAGEMENT, L.P.SC 13G/A, 1 filing Feb 11, 202247
- Polar Asset Management Partners Inc.SC 13G/A, 1 filing Feb 10, 202248
- Hudson Bay Capital Management LPSC 13G/A, 1 filing Feb 8, 202249
- Weiss Asset Management LPSC 13G/A, 1 filing Feb 4, 202250
SEC filer profile
How Airspan Networks Holdings Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARAirspan Networks Holdings Inc.1
- CIK0001823882
- Employer ID (EIN)85-26427861
- Filer statusNon-accelerated filer<br>smaller reporting company<br>emerging growth company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)3663 Radio & Tv Broadcasting & Communications Equipment1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business address777 Yamato Drive, Suite 310, Boca Raton, FL 334311
- Phone561-893-86701
- Shares outstanding74,638,893 as of Sep 30, 20245
- Public float$130.5M as of Jun 30, 20235
- On EDGAR sinceSep 21, 20201
- Filings316 in all: 4 (62), 8-K (56), 424B3 (39), 3 (21), 425 (20), CORRESP (15), 10-Q (10), EFFECT (10)1
All 33 form types
POS AM (10), UPLOAD (10), SC 13G (8), SC 13G/A (6), 25-NSE (5), 8-K/A (5), 10-K (4), S-8 POS (4), 144 (3), S-1 (3), S-4/A (3), 8-A12B (2), CERT (2), DEF 14A (2), DEFA14A (2), NT 10-K (2), S-1/A (2), S-8 (2), SC 13D (2), 10-K/A (1), 15-12G (1), 424B4 (1), NT 10-K/A (1), NT 10-Q (1), S-4 (1)
- Latest filingsAnnual report (10-K) Oct 4, 2024
Quarterly report (10-Q) Nov 8, 2023
Proxy statement (DEF 14A) Apr 28, 2023
Latest 8-K (8-K) Apr 12, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 12SEC EDGARRussell W. Galbut, Chair
- 13SEC EDGARGlenn Laxdal, President
- 14
- 15SEC EDGARUzi Shalev, Chief operating officer
- 16SEC EDGARUzi Shalev, CTO
- 17SEC EDGAREli Leizerovitz, Head of Products
- 18SEC EDGARBandel L. Carano, Board member
- 19SEC EDGARDominique Trempont, Board member
- 20SEC EDGARMathew Oommen, Board member
- 21SEC EDGARScot Jarvis, Board member
- 22SEC EDGARDivya Seshamani, Board member
- 23SEC EDGARBenjamin Garrett, Board member
- 24SEC EDGARPerry Weitz, Board member
- 25SEC EDGARKathleen M. Walsh, Board member
- 26
- 27
- 28
- 29SEC EDGAREntered a material agreement
- 30
- 31
- 32SEC EDGARExecutive or director change
- 33SEC EDGARExecutive or director change
- 34SEC EDGARExecutive or director change
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- 36SEC EDGARExecutive or director change
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