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Stock impact report

DZS Inc. Receives Expected Nasdaq Notice Regarding Late Form 10-Q Filing

DZS Inc. (DZSI) 
Last dzs inc. earnings: 3/5 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: dasanzhone.com/about/investor-relations
Company Research Source: GlobeNewswire
DALLAS, May 17, 2024 (GLOBE NEWSWIRE) -- DZS Inc. (“DZS” or the “Company”) (Nasdaq: DZSI), a global leader of broadband networking and software-defined cloud solutions, announced today that on May 14, 2024, as expected, it received a delinquency notification letter from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with the continued listing requirements under Nasdaq Listing Rule 5250(c)(1) (the “Rule”) because the Company did not timely file its Quarterly Report on Form 10-Q for the three months ended March 31, 2024 (the “First Quarter 10-Q”). The notification letter has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market. As previously reported by the Company in its Notification of Late Filing on Form 12b-25, filed with the Securities and Exchange Commission on May 10, 2024, the Company was unable to timely file the First Quarter 10-Q without unreasonable effort or expense by the prescr Show less Read more
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