💥New Chapter 11 Bankruptcy - Airspan Networks Holdings Inc. ($MIMO)💥

Failed deSPAC seeks to fully equitize funded debt with prepackaged plan.

On March 31, 2024, FL-based Airspan Networks Holdings Inc. ($MIMO)(“Airspan,” and, collectively with three of its affiliates, the “debtors”) filed straddle prepackaged chapter 11 bankruptcy cases in the District of Delaware (Judge Horan). The provider of software and hardware for 4G and 5G networks for both public telecom service providers and private n…