[PART I. FINANCIAL INFORMATION](index=4&type=section&id=PART%20I.%20FINANCIAL%20INFORMATION) [Financial Statements](index=4&type=section&id=Item%201.%20Financial%20Statements) The company's Q1 2022 financials show a widened net loss, decreased assets, and negative operating cash flow Condensed Consolidated Balance Sheet Data (in thousands) | Account | March 31, 2022 | December 31, 2021 | | :--- | :--- | :--- | | **Total Current Assets** | $133,625 | $157,152 | | **Total Assets** | $170,942 | $195,499 | | **Total Current Liabilities** | $71,933 | $73,617 | | **Total Liabilities** | $210,368 | $211,751 | | **Total Stockholders' Deficit** | $(39,426) | $(16,252) | Condensed Consolidated Statements of Operations (in thousands) | Account | Three Months Ended March 31, 2022 | Three Months Ended March 31, 2021 | | :--- | :--- | :--- | | **Total Revenues** | $37,564 | $45,935 | | **Gross Profit** | $12,069 | $20,944 | | **Loss from Operations** | $(25,224) | $(5,544) | | **Net Loss** | $(29,738) | $(13,549) | | **Loss per Share** | $(0.41) | $(0.23) | Condensed Consolidated Statements of Cash Flows (in thousands) | Cash Flow Activity | Three Months Ended March 31, 2022 | Three Months Ended March 31, 2021 | | :--- | :--- | :--- | | Net cash (used in) provided by operating activities | $(14,880) | $12,914 | | Net cash used in investing activities | $(807) | $(1,390) | | Net cash (used in) provided by financing activities | $(1,320) | $647 | | **Net (decrease) increase in cash** | **$(17,007)** | **$12,171** | [Notes to Unaudited Condensed Consolidated Financial Statements](index=9&type=section&id=Notes%20to%20Unaudited%20Condensed%20Consolidated%20Financial%20Statements) Notes detail liquidity risks, significant customer concentration, debt amendments, and a tenfold increase in share-based compensation - The company designs and produces wireless network equipment for 4G and 5G networks, serving public telecommunications providers and private networks[18](index=18&type=chunk)[19](index=19&type=chunk)[20](index=20&type=chunk) - Management has identified **liquidity risks**, as the company is heavily investing in 5G R&D and expects to continue using cash from operations[25](index=25&type=chunk)[26](index=26&type=chunk) - The company has significant customer and supplier concentration, with the top three customers accounting for **73.1% of revenue** and five suppliers providing 88.1% of goods for resale in Q1 2022[29](index=29&type=chunk)[30](index=30&type=chunk) - In March 2022, the conversion price of Senior Secured Convertible Notes was amended, decreasing from **$12.50 to $8.00 per share**[68](index=68&type=chunk)[69](index=69&type=chunk) - As of March 31, 2022, the company had **$66.9 million in commitments** with its main subcontract manufacturers, with most deliveries expected in 2022[78](index=78&type=chunk) - The company is in a legal dispute with Sprint over a **$3.87 million indemnity demand** related to a patent infringement case[80](index=80&type=chunk) - Share-based compensation expense **increased significantly to $6.6 million** in Q1 2022, compared to $0.7 million in Q1 2021[95](index=95&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=29&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Q1 2022 saw an 18.2% revenue decline and a widened net loss, driven by lower sales and higher operating expenses - The August 2021 Business Combination resulted in **net proceeds of approximately $115.5 million** and an increase in indebtedness of $40.7 million from new convertible notes[116](index=116&type=chunk)[121](index=121&type=chunk)[122](index=122&type=chunk) - The COVID-19 pandemic continues to **disrupt supply chains**, causing delayed production, extended component lead times, and increased costs[127](index=127&type=chunk) Geographic Revenue Breakdown | Geographic Area | Q1 2022 % of Revenue | Q1 2021 % of Revenue | | :--- | :--- | :--- | | North America | 34% | 32% | | Asia | 58% | 58% | | Europe | 2% | 3% | | Africa and the Middle East | 3% | 2% | | Latin America and the Caribbean | 3% | 5% | Reconciliation of Net Loss to Adjusted EBITDA (in thousands) | Line Item | Three Months Ended March 31, 2022 | Three Months Ended March 31, 2021 | | :--- | :--- | :--- | | Net Loss | $ (29,738) | $ (13,549) | | Adjustments | | | | Interest expense, net | 4,568 | 2,438 | | Income tax (benefit) expense | (103) | 75 | | Depreciation and amortization | 1,121 | 1,053 | | Share-based compensation | 6,564 | 661 | | Change in fair value of warrants | (457) | 3,972 | | **Adjusted EBITDA** | **$ (18,045)** | **$ (5,350)** | [Results of Operations](index=35&type=section&id=MD%26A%20-%20Results%20of%20Operations) Q1 2022 revenue fell 18.2% to $37.6 million due to lower product and service sales, while operating expenses rose sharply - Revenue from products and software licenses **decreased by $5.1 million YoY**, primarily due to lower sales in Asia Pacific and Latin America[151](index=151&type=chunk) - Maintenance, warranty, and services revenue **decreased by $3.2 million YoY**, mainly due to a terminated contract with a North American customer[152](index=152&type=chunk) - General and administrative expenses **increased by $6.7 million YoY**, driven by higher share-based compensation, insurance, and legal fees[157](index=157&type=chunk) - **Net loss increased by $16.2 million to $29.7 million** in Q1 2022 from $13.5 million in Q1 2021[162](index=162&type=chunk) [Liquidity and Capital Resources](index=38&type=section&id=MD%26A%20-%20Liquidity%20and%20Capital%20Resources) The company used $14.9 million in cash from operations and expects this trend to continue due to heavy 5G R&D investment - The company **used $14.9 million in cash from operating activities** in Q1 2022 and expects to continue using cash due to heavy 5G R&D investment[167](index=167&type=chunk) - Management is taking steps to satisfy obligations and **continue as a going concern**, including increasing sales and implementing cost reductions[168](index=168&type=chunk) - **Days Sales Outstanding (DSO) increased to 122 days** as of March 31, 2022, from 103 days at year-end 2021[168](index=168&type=chunk) - As of March 31, 2022, the company had **purchase commitments of $66.9 million** with its subcontract manufacturers[173](index=173&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=41&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company is exempt from this disclosure requirement as a smaller reporting company - The company is a **smaller reporting company** as defined in Rule 12b-2 of the Exchange Act and is not required to provide this information[186](index=186&type=chunk) [Controls and Procedures](index=41&type=section&id=Item%204.%20Controls%20and%20Procedures) A material weakness in revenue recognition controls rendered disclosure controls ineffective, with a remediation plan underway - A **material weakness was identified** in internal control over financial reporting related to the cutoff of revenue recognition[187](index=187&type=chunk) - Due to the material weakness, the CEO and CFO concluded that the company's **disclosure controls and procedures were not effective** as of March 31, 2022[190](index=190&type=chunk) - Management is **implementing a remediation plan**, which includes new process-level and management review controls to ensure revenue cutoff accuracy[188](index=188&type=chunk) [PART II. OTHER INFORMATION](index=43&type=section&id=PART%20II.%20OTHER%20INFORMATION) [Legal Proceedings](index=43&type=section&id=Item%201.%20Legal%20Proceedings) The company is in a legal dispute with Sprint over a $3.87 million indemnification demand, which it is contesting - The company is involved in a legal **dispute with Sprint**, which demanded **$3,870,000 for indemnification**, a claim the company contests[80](index=80&type=chunk)[194](index=194&type=chunk) [Risk Factors](index=43&type=section&id=Item%201A.%20Risk%20Factors) No material changes to risk factors have occurred since the last Annual Report on Form 10-K - There have been **no material changes** from the risk factors disclosed in the company's Annual Report on Form 10–K for the year ended December 31, 2021[195](index=195&type=chunk) [Other Items (Unregistered Sales, Defaults, Mine Safety, Other Info)](index=43&type=section&id=Item%202-5.%20Other%20Items) Items concerning unregistered sales, defaults, mine safety, and other information are not applicable for this period - Items 2, 3, 4, and 5 of Part II are **not applicable** for this reporting period[196](index=196&type=chunk)[197](index=197&type=chunk)[198](index=198&type=chunk)[199](index=199&type=chunk) [Exhibits](index=44&type=section&id=Item%206.%20Exhibits) This section lists filed exhibits, including key amendments to debt agreements and required officer certifications - The report includes several exhibits, most notably the **amendments to the company's credit agreement and convertible note agreement** with Fortress[202](index=202&type=chunk)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-39679 Securities registered pursuant to Section 12(b) of the Act: | Title of Each Class: | Trading Symbol: | Name of Each Exchange on Which Regi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Airspan Networks Holdings Inc. (Exact name of registrant as specified in its charter) | Delaware | 001-39679 | 85-2642786 | | --- | --- | --- | | (State or other ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to New Beginnings Acquisition Corp. (Exact name of registrant as specified in its charter) Delaware 001-39679 85-2642786 (State or other jurisdiction of incorporation or ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to New Beginnings Acquisition Corp. (Exact name of registrant as specified in its charter) | Delaware | 001-39679 | 85-2642786 | | --- | --- | --- | | (State or other ju ...

Part I [Business](index=7&type=section&id=Item%201.%20Business) New Beginnings Acquisition Corp. is a **SPAC** that completed its **IPO** in November **2020** and is pursuing a **business combination** with **Airspan Networks Inc** - The company is a **blank check company** formed to effect a merger, capital stock exchange, asset acquisition, or similar **business combination**[22](index=22&type=chunk) Initial Public Offering (IPO) and Trust Account Details | Metric | Value (USD) | | :--- | :--- | | **IPO** Gross Proceeds | **$100,000,000** | | Over-Allotment Gross Proceeds | **$15,000,000** | | Private Placement Gross Proceeds | **$5,450,000** | | **Total Amount Placed in Trust Account** | **$116,150,000** | | Per-Unit Amount in Trust | **$10.10** | - On **March 8, 2021**, the company entered into a **definitive business combination agreement** with **Airspan Networks Inc.**, a **US-based 5G end-to-end, Open RAN hardware and software provider**, with closing expected in **Q3 2021**[37](index=37&type=chunk)[38](index=38&type=chunk)[40](index=40&type=chunk) - In connection with the **business combination**, the company entered into subscription agreements for a **$75 million PIPE** at **$10.00 per share**[41](index=41&type=chunk) - Acquisition criteria target businesses with an **enterprise value between $400 million and $600 million**, strong management, and scalability[56](index=56&type=chunk) [Risk Factors](index=15&type=section&id=Item%201A.%20Risk%20Factors) The company faces significant risks related to its pending **business combination** with **Airspan**, potential **liquidation** if a merger is not completed, and conflicts of interest - The consummation of the pending **business combination** with **Airspan** is subject to customary closing conditions, including stockholder approvals, regulatory approvals, and the company having at least **$135 million in cash** at closing[69](index=69&type=chunk)[70](index=70&type=chunk)[73](index=73&type=chunk) - The company may not be able to complete its initial **business combination** within the prescribed **12 to 18-month timeframe**, which would result in the redemption of public shares and **liquidation**, rendering warrants worthless[81](index=81&type=chunk) - The **Sponsor and its affiliates** have agreed to **vote in favor** of the initial **business combination**, which increases the likelihood of approval regardless of how public stockholders vote The initial stockholders own **approximately 23%** of **outstanding common stock**[113](index=113&type=chunk)[114](index=114&type=chunk) - The **Sponsor** has the right to extend the time to consummate a **business combination** by up to **six months** (in two **three-month increments**) by depositing **$1,150,000** into the **Trust Account** for each extension, without a stockholder vote[115](index=115&type=chunk) - The **COVID-19 pandemic** could **adversely affect** the search for and completion of a **business combination** by **restricting travel, meetings, and access to financing**[109](index=109&type=chunk)[111](index=111&type=chunk) [Unresolved Staff Comments](index=50&type=section&id=Item%201B.%20Unresolved%20Staff%20Comments) The company reports **no unresolved staff comments** - Not applicable[185](index=185&type=chunk) [Properties](index=50&type=section&id=Item%202.%20Properties) The company's **principal executive offices** are located in **Miami, FL**, and are considered adequate for current operations - The company maintains its **executive offices** at **800 1 Street, Unit 1, Miami, FL 33139**[186](index=186&type=chunk) [Legal Proceedings](index=50&type=section&id=Item%203.%20Legal%20Proceedings) The company is **not currently involved in any material litigation or governmental proceedings** - There is **no material litigation, arbitration, or governmental proceeding** pending or known to be contemplated against the company or its management team[187](index=187&type=chunk) [Mine Safety Disclosures](index=50&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the company - Not applicable[188](index=188&type=chunk) Part II [Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities](index=51&type=section&id=Item%205.%20Market%20for%20Registrant%27s%20Common%20Equity%2C%20Related%20Stockholder%20Matters%20and%20Issuer%20Purchases%20of%20Equity%20Securities) The company's securities trade on the **NYSE**, with **no dividends paid to date**, and **$116.15 million** from **IPO** proceeds held in a **trust account** - The company's securities trade on the **NYSE** Units trade under **'NBA.U'**, common stock under **'NBA'**, and warrants under **'NBA WS'**[191](index=191&type=chunk) - **No cash dividends have been paid to date**, and none are intended to be paid prior to the completion of the initial **business combination**[193](index=193&type=chunk) - **Gross proceeds** from the **IPO**, **over-allotment**, and **private placements** totaled **$120,450,000**, of which **$116,150,000** was placed in the **Trust Account**[197](index=197&type=chunk)[198](index=198&type=chunk)[199](index=199&type=chunk) [Selected Financial Data](index=52&type=section&id=Item%206.%20Selected%20Financial%20Data) This item is not applicable as the company is a **smaller reporting company** - Not applicable[200](index=200&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=52&type=section&id=Item%207.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) The company, a **blank check entity**, reported a **net loss** of **$202,686** for **2020**, with **$116.15 million** in its **trust account** and sufficient operating funds - For the period from **August 20, 2020** (inception) to **December 31, 2020**, the company had a **net loss** of **$202,686**, consisting of **$215,159** in **operating costs** offset by **$12,473** in **interest income**[209](index=209&type=chunk) - As of **December 31, 2020**, the company had **$1,184,215 cash held outside the Trust Account** and **$116,150,000 in cash and marketable securities held in the Trust Account**[212](index=212&type=chunk)[213](index=213&type=chunk) - The company has an agreement to pay an **affiliate of the Sponsor** a monthly fee of **$10,000** for office space, utilities, and administrative services, which began on **October 29, 2020**[217](index=217&type=chunk) - The company accounts for its **10,748,854 shares** of **common stock subject to possible redemption** as **temporary equity** on the **balance sheet**[219](index=219&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=58&type=section&id=Item%207A.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company's market risk is limited to **interest rate risk** on **trust account funds**, which are minimally exposed due to short-term **U.S. government investments** - The net proceeds from the **IPO** held in the **Trust Account** are invested in **U.S. government treasury bills** with maturities of **185 days or less** or in **money market funds** Due to the short-term nature of these investments, the company believes there is **no material exposure to interest rate risk**[224](index=224&type=chunk) [Financial Statements and Supplementary Data](index=58&type=section&id=Item%208.%20Financial%20Statements%20and%20Supplementary%20Data) This section incorporates the company's financial statements by reference, located at the end of the report - The **financial statements required by this item are set forth following Item 15** of this Report[225](index=225&type=chunk) [Changes in and Disagreements with Accountants on Accounting and Financial Disclosure](index=58&type=section&id=Item%209.%20Changes%20in%20and%20Disagreements%20with%20Accountants%20on%20Accounting%20and%20Financial%20Disclosure) The company reports **no changes or disagreements with its accountants** on financial disclosure - None[226](index=226&type=chunk) [Controls and Procedures](index=58&type=section&id=Item%209A.%20Controls%20and%20Procedures) Management concluded **disclosure controls were effective** as of **December 31, 2020**, with **no material changes to internal controls over financial reporting** - The **Chief Executive Officer** concluded that as of **December 31, 2020**, the company's **disclosure controls and procedures were effective**[228](index=228&type=chunk) - There were **no changes in internal control over financial reporting** during the quarter ended **December 31, 2020**, that materially affected, or are reasonably likely to materially affect, internal controls[230](index=230&type=chunk) [Other Information](index=58&type=section&id=Item%209B.%20Other%20Information) This item is not applicable - Not applicable[232](index=232&type=chunk) Part III [Directors, Executive Officers and Corporate Governance](index=60&type=section&id=Item%2010.%20Directors%2C%20Executive%20Officers%20and%20Corporate%20Governance) The company is led by **Chairman Russell W. Galbut** and **CEO Michael S. Liebowitz**, with a six-member board including **four independent directors** and established committees - The **executive team** includes **Russell W. Galbut** as **Chairman** and **Michael S. Liebowitz** as **CEO and Director**[235](index=235&type=chunk) - The **board of directors** has three **standing committees**: **Audit, Compensation, and Nominating and Corporate Governance**, each composed of **independent directors**[245](index=245&type=chunk) - The board has determined that **Benjamin Garrett**, **Frank A. Del Rio**, **Perry Weitz**, and **Kate Walsh** are **independent directors**[281](index=281&type=chunk) [Executive Compensation](index=65&type=section&id=Item%2011.%20Executive%20Compensation) Executive officers receive **no cash compensation**, while an **affiliate of the Sponsor** receives a monthly fee for administrative services and expenses may be reimbursed - **No officers have received any cash compensation** for services rendered An **affiliate of the Sponsor** is paid **$10,000 per month** for office space and administrative support[260](index=260&type=chunk) - The **Sponsor**, officers, and directors may be reimbursed for **out-of-pocket expenses** related to the **business combination** Up to **$1,500,000** in **working capital loans** from the **Sponsor** may be converted into units at **$10.00 per unit**[260](index=260&type=chunk) [Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](index=65&type=section&id=Item%2012.%20Security%20Ownership%20of%20Certain%20Beneficial%20Owners%20and%20Management%20and%20Related%20Stockholder%20Matters) The **Sponsor**, **New Beginnings Sponsor, LLC**, is the **largest beneficial owner** of **common stock** at **22.6%**, with other **significant institutional investors** noted Beneficial Ownership | Name of Beneficial Owner | Approximate Percentage of Outstanding Common Stock | | :--- | :--- | | **New Beginnings Sponsor, LLC** | **22.6%** | | **Russell W. Galbut** (Chairman) | **22.6%** | | **Michael S. Liebowitz** (CEO) | **22.6%** | | All executive officers and directors as a group | **22.6%** | | **Weiss Asset Management LP** | **9.92%** | | **Polar Asset Management Partners Inc.** | **7.5%** | | **Hudson Bay Capital Management LP** | **6.7%** | | **Basso SPAC Fund LLC** | **5.05%** | [Certain Relationships and Related Transactions, and Director Independence](index=67&type=section&id=Item%2013.%20Certain%20Relationships%20and%20Related%20Transactions%2C%20and%20Director%20Independence) Related party transactions include the **Sponsor's** purchase of **Founder Shares**, potential **working capital loans**, and a monthly administrative fee, with **four independent directors** on the board - The **Sponsor** purchased **2,875,000 Founder Shares** for an aggregate price of **$25,000**[268](index=268&type=chunk) - The **Sponsor** may provide **Working Capital Loans** up to **$1,500,000**, which are convertible into units at **$10.00 per unit** at the lender's option upon completion of a **business combination**[273](index=273&type=chunk) - The company has determined that **four of its six directors are independent** as defined by **NYSE American listing standards**[281](index=281&type=chunk) [Principal Accounting Fees and Services](index=70&type=section&id=Item%2014.%20Principal%20Accounting%20Fees%20and%20Services) This section summarizes fees paid to **Marcum LLP**, the **independent registered public accounting firm**, primarily for **audit services** through **December 31, 2020** Auditor Fees (Marcum LLP) for period from Aug 20, 2020 to Dec 31, 2020 | Fee Category | Amount (USD) | | :--- | :--- | | Audit Fees | **$66,950** | | Audit-Related Fees | **$0** | | Tax Fees | **$0** | | All Other Fees | **$0** | Part IV [Exhibits, Financial Statement Schedules](index=72&type=section&id=Item%2015.%20Exhibits%2C%20Financial%20Statement%20Schedules) This section lists documents filed as part of the **Form 10-K**, including the **Business Combination Agreement** and financial statements [Financial Statements](index=74&type=section&id=Financial%20Statements) Audited financial statements for **2020** show a **net loss** from **operating costs**, with the **balance sheet** primarily reflecting **cash and securities held in the trust account** Balance Sheet as of December 31, 2020 | Category | Amount (USD) | | :--- | :--- | | **Assets** | | | **Cash and securities held in Trust Account** | **$116,162,473** | | **Total Assets** | **$117,661,907** | | **Liabilities & Equity** | | | **Deferred underwriting discount** | **$4,025,000** | | **Total Liabilities** | **$4,121,248** | | **Common stock subject to possible redemption** | **$108,540,654** | | **Total stockholders' equity** | **$5,000,005** | Statement of Operations (Aug 20, 2020 - Dec 31, 2020) | Category | Amount (USD) | | :--- | :--- | | **Formation and operating costs** | **$215,159** | | **Interest Income** | **$12,473** | | **Net loss** | **($202,686)** | Statement of Cash Flows (Aug 20, 2020 - Dec 31, 2020) | Category | Amount (USD) | | :--- | :--- | | **Net cash used in operating activities** | **($434,130)** | | **Net cash used in investing activities** | **($116,150,000)** | | **Net cash provided by financing activities** | **$117,768,345** | | **Net Change in Cash** | **$1,184,215** | - The company announced the execution of a **Business Combination agreement** with **Airspan Networks Inc.** on **March 8, 2021**[327](index=327&type=chunk)

OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to New Beginnings Acquisition Corp. (Exact name of registrant as specified in its charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 | Delaware | 001-39679 | 85-2642786 | | --- | --- | --- | | (State or othe ...