Airspan Networks went public via a merger with New Beginnings Acquisition in an $822m deal.

Airspan Networks, which provides groundbreaking, disruptive software and hardware for 5G network solutions, went public via a merger with New Beginnings Acquisition, a special purpose acquisition company, in an $822m deal. The deal involved a PIPE investment from SoftBank, Dish Network, Oak Investment Partners and NEA. "These seismic 5G industry trends play right into Airspan’s strengths. 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," Eric Stonestrom, Airspan President and CEO.