DZS (DZSI) has provided an announcement.
DZS Inc. received a delinquency notice from Nasdaq for not filing its quarterly report, causing non-compliance with listing rules. While this doesn’t immediately affect its stock’s trading status, the company had previously missed other filing deadlines. DZS is working to complete necessary restatements and plans to file overdue reports by August 5, 2024, aiming to meet Nasdaq’s compliance standards. The company has publicly announced the receipt of this notification.
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