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News about DASAN Zhone Solutions Inc
DZS Secures $29.7 Million in Financing
DALLAS, Sept. 13, 2023 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced it has secured $29.7 million in loans, including a $24.5 million 3-year term loan with 29% shareholder DASAN Networks, Inc. (DNI). The 3-year $24.5 million term loan with an annual interest rate of 8% complements approximately $5.2 million of short-term loans with South Korean bank financial partners. The cash will be used to pay off DZS’ exist
Wed, 13 Sep 2023 12:00:00 +0000Read moreDZS Inc. Receives Nasdaq Notice Regarding Late Form 10-Q Filing
DALLAS, Aug. 18, 2023 (GLOBE NEWSWIRE) -- DZS Inc. (“DZS” or the “Company”) (Nasdaq: DZSI), a global leader of access, optical and cloud-controlled software defined solutions, announced today that on August 15, 2023, 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) because the Company did not timely file its Quarterly Report on For
Fri, 18 Aug 2023 21:00:00 +0000Read moreDZS to Debut Multiple BABA-Ready Network Edge Innovations at Fiber Connect 2023 to Accelerate Bridging the Digital Divide
As event Platinum Sponsor, DZS experts will share deep insights and experience across last-mile and middle-mile best practices, AI-driven efficiencies and regulatory strategiesDALLAS, Aug. 15, 2023 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and cloud-controlled software-defined solutions, will be showcasing many of its latest innovations and expert insights at Fiber Connect 2023, the world’s leading optical fiber business technology event, hosted by the Fiber Broa
Tue, 15 Aug 2023 12:00:00 +0000Read moreDZS Inc. Announces Delayed 10-Q Filing
DALLAS, Aug. 09, 2023 (GLOBE NEWSWIRE) -- DZS Inc. (“DZS” or the “Company”) (Nasdaq: DZSI), a global leader of access, optical and cloud-controlled software defined solutions, announced today that it will not file its Quarterly Report for the three months ended June 30, 2023 (the “Second Quarter 10-Q”) within the filing deadline established by the Securities and Exchange Commission (the “SEC”) and will be a late filer with respect to such report. The delay in the filing of the Company’s Second Q
Wed, 09 Aug 2023 12:00:00 +0000Read moreDZS Unveils Industry’s First Comprehensive, Hardened Edge Broadband Solutions Designed to Bridge the Digital Divide
DZS FiberWay combines leading-edge access and transport systems with award-winning cloud software to rapidly connect underserved communities and position them for successDALLAS, July 26, 2023 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and cloud-controlled software-defined solutions, today introduced DZS FiberWay – the industry's first end-to-end, environmentally hardened fiber broadband solutions specifically designed to bridge the digital divide. Architected to m
Wed, 26 Jul 2023 12:00:00 +0000Read more