secwatch.observer — SEC 8-K summary
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Issuer:     DZS INC. (—)
CIK:        0001101680
Form:       8-K
Filed at:   2023-11-16T23:59:59+00:00
Accession:  0001101680-23-000125
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DZS receives Nasdaq delinquency notice for late Q3 10-Q filing; compliance plan pending
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- Received Nasdaq delinquency notice on Nov 10, 2023 for failing to timely file Q3 2023 Form 10-Q under Listing Rule 5250(c)(1).
- Company had previously failed to file Q2 2023 10-Q and submitted a compliance plan; Nasdaq granted exception to update plan by Nov 24, 2023.
- Nasdaq will consider extending compliance deadline to Feb 5, 2024; no immediate effect on listing or trading.
- DZS is diligently pursuing completion of previously disclosed restatements and expects to file delinquent reports as soon as practicable.
- Common stock (DZSI) continues trading on Nasdaq Capital Market during the process.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101680/000110168023000125/0001101680-23-000125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101680/000110168023000125/dzsi-20231110.htm
  HTML page:      https://secwatch.observer/filing/0001101680-23-000125

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