---
schema_version: "secwatch.filing_event.v1"
accession: "0001101680-24-000186"
form_type: "8-K"
ticker: null
cik: "0001101680"
company_name: "DZS INC."
filed_at: "2024-12-30T23:59:59+00:00"
generated_at: "2026-05-28T22:38:34.676260+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# DZS completes sale of IIoT business to Lantronix for $6.5M

## Summary
- Purchase price $6.5M less $41.7K for employee entitlements; closed Dec 25, 2024.
- Pro forma net gain of ~$4.2M recognized on IIoT divestiture; $3.3M prepaid EdgeCo loans.
- IIoT sale follows Network Assurance ($34M) and Asia business divestitures in 2024; part of restructuring.

## SEC filing metadata
- accession: 0001101680-24-000186
- form_type: 8-K
- cik: 0001101680
- company_name: DZS INC.
- filed_at: 2024-12-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1101680/000110168024000186/0001101680-24-000186-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1101680/000110168024000186/dzsi-20241225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001101680-24-000186
- JSON: https://secwatch.observer/filing/0001101680-24-000186.json
- Plain text: https://secwatch.observer/filing/0001101680-24-000186.txt

## Key facts
- M&A Transactions
  DZS INC. completed a disposition involving Lantronix, Inc. for $6,500,000, less $41,727.60 (closed 2024-12-25).
  - Action: disposition
  - Counterparty: Lantronix, Inc.
  - Consideration: $6,500,000, less $41,727.60
  - Closing: 2024-12-25
  source text: corporation (“Lantronix”). Pursuant to the Business Sale Agreement, the Company sold to Lantronix the Company’s industrial internet of things business for a purchase price of $6,500,000, less $41,727.60 (the amount representing 70% of employee entitlements due to transferring employees). --- EX-99.1 (EX-99.1) --- DZS INC. AND SUBSIDIARIES UNAUDITED PRO FORMA
  evidence_url: https://www.sec.gov/Archives/edgar/data/1101680/000110168024000186/0001101680-24-000186-index.htm

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