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Stock impact report

DZS Inc. Receives Expected Nasdaq Delisting Determination, Plans to Request Hearing by February 13 [Yahoo! Finance]

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: Yahoo! Finance
software solutions, announced today that on February 6, 2024, DZS Inc. (the “Company”) received a Staff Delisting Determination (the “Staff Determination”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that Nasdaq has initiated a process that could result in the delisting of the Company's securities from Nasdaq as a result of the Company not being in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the “SEC”). The Staff Determination has no immediate effect and will not immediately result in the suspension of trading or delisting of the Company's shares of common stock on Nasdaq. The Company intends to request a hearing regarding the Staff Determination before a Nasdaq Hearings Panel (the “Hearings Panel”) and seek a further stay of any suspension or delisting action pendin Show less Read more
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