secwatch.observer — SEC 8-K summary
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Issuer:     DZS INC. (—)
CIK:        0001101680
Form:       8-K
Filed at:   2024-05-17T23:59:59+00:00
Accession:  0001101680-24-000058
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DZS receives Nasdaq delinquency notice for late Q1 10-Q; faces Aug 5 deadline to file all delinquent reports
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- Received Nasdaq notice on May 14, 2024 for failure to timely file Q1 2024 10-Q under Listing Rule 5250(c)(1).
- Q1 2024 10-Q is the latest delinquency; already delinquent on Q2/Q3 2023 10-Qs and 2023 10-K.
- Company pursuing restatements and must file all delinquent reports by August 5, 2024 to maintain listing.
- Notice has no immediate effect on trading of DZSI common stock on Nasdaq.
- Company previously disclosed inability to file Q1 10-Q without unreasonable effort or expense.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101680/000110168024000058/0001101680-24-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101680/000110168024000058/dzsi-20240514.htm
  HTML page:      https://secwatch.observer/filing/0001101680-24-000058

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer