Airspan Networks has entered into a definitive business combination agreement with and into New Beginnings Acquisition (NBA) The combination is expected to have an enterprise value of nearly $822 million. Airspan is at the forefront of breakthrough 5G RAN and Fixed Wireless Access solutions, with increasing convergence between fixed broadband and mobile use cases and operators. The combined company expects to receive approximately $166 million in net proceeds, assuming no redemptions by NBA’s existing public stockholders, including proceeds from a $75 million PIPE transaction.
Source: https://www.helpnetsecurity.com/2021/03/09/airspan-new-beginnings-acquisition/