DZS announced, as expected, it received a letter from Nasdaq indicating that the Nasdaq panel has determined to delist the common stock of the company from Nasdaq. The decision indicates that the company failed to meet the August 5 deadline to regain compliance with its periodic filing obligations under Nasdaq Listing Rule 5250(c)(1).
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DZSI:
- DZS Inc. Faces Nasdaq Delisting Over Reporting Noncompliance
- DZS Receives Expected Delisting Notice from Nasdaq
- DZSI Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- DZS to demonstrate remote in-band management capabilities at Fiber Connect
- DZS to Demonstrate Groundbreaking Remote In-Band Management Capabilities for 100G/400G Optical Transport at Fiber Connect 2024