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SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of New Beginnings Acquisition Corp

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of New Beginnings Acquisition Corp

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of New Beginnings Acquisition Corp
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Airspan to go public with $166M in pursuit of open RAN, 5G

Airspan Networks announced it plans to become a public company again via a merger with a special purpose acquisition company (SPAC). The transaction will give Airspan roughly $166 million in net proceeds. This transaction is expected to help fund our growth plans and accelerate our vision of providing our customers with leading edge 5G networks. We are at the precipice of a significant capital-intensive upgrade as 5G deployments drive the future growth of existing mobile carriers, new market entrants, and private and enterprise buildouts that we believe will transform numerous industries, said Eric Stonestrom, president and CEO of Airspan, in a release.

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