{"schema_version":"secwatch.filing_event.v1","accession":"0001101680-24-000062","form_type":"8-K","ticker":null,"cik":"0001101680","company_name":"DZS INC.","filed_at":"2024-06-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.293373+00:00","generated_at":"2026-06-01T05:47:49.950628+00:00","sec_items":["1.01","2.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"DZS completes NetComm acquisition for $7M, secures $15M loan from EdgeCo with 13% interest","bullets":["Acquired NetComm Wireless (Australia) for $7M purchase price; adds DPU, WiFi, FWA, IIoT products.","EdgeCo provided $15M term loan at 13% fixed rate, due May 31, 2027; secured by assets.","Issued warrant to EdgeCo for 6.1M shares at $0.9095/share (85% of April 18 closing price).","Loan proceeds used for acquisition purchase price and NetComm operating capital.","Combined company targets U.S., EMEA, and ANZ broadband markets; government stimulus poised to help."],"urls":{"canonical":"https://secwatch.observer/filing/0001101680-24-000062","json":"https://secwatch.observer/filing/0001101680-24-000062.json","markdown":"https://secwatch.observer/filing/0001101680-24-000062.md","text":"https://secwatch.observer/filing/0001101680-24-000062.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1101680/000110168024000062/0001101680-24-000062-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1101680/000110168024000062/dzsi-20240531.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T05:47:49.950628+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"461703f998ea68ed0d3f274e588ac219d5af11bc","claim":"DZS INC. completed an acquisition involving Casa Communications Holdings Pty Ltd (Administrators Appointed) for $7,000,000 (closed 2024-06-01).","evidence_excerpt":"Wireless Pty Ltd (Administrators Appointed) ACN 002 490 986, a private limited company registered in New South Wales, Australia (the “Target Company”), for a purchase price of $7,000,000, subject to certain adjustments. The foregoing description of the Share Purchase Agreement is only a summary, does not purport to be complete and is subject to, and qualified in","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1101680/000110168024000062/0001101680-24-000062-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Casa Communications Holdings Pty Ltd (Administrators Appointed)"},{"label":"Consideration","value":"$7,000,000"},{"label":"Closing","value":"2024-06-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}