---
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"
generated_at: "2026-06-01T05:47:49.950628+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DZS completes NetComm acquisition for $7M, secures $15M loan from EdgeCo with 13% interest

## Summary
- 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.

## SEC filing metadata
- accession: 0001101680-24-000062
- form_type: 8-K
- cik: 0001101680
- company_name: DZS INC.
- filed_at: 2024-06-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001101680-24-000062
- JSON: https://secwatch.observer/filing/0001101680-24-000062.json
- Plain text: https://secwatch.observer/filing/0001101680-24-000062.txt

## Key facts
- M&A Transactions
  DZS INC. completed an acquisition involving Casa Communications Holdings Pty Ltd (Administrators Appointed) for $7,000,000 (closed 2024-06-01).
  - Action: acquisition
  - Counterparty: Casa Communications Holdings Pty Ltd (Administrators Appointed)
  - Consideration: $7,000,000
  - Closing: 2024-06-01
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1101680/000110168024000062/0001101680-24-000062-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.