DZS To Be Delisted From Nasdaq Following Nasdaq Hearing Panel Decision
Portfolio Pulse from Benzinga Newsdesk
DZS Inc. (DZSI) will be delisted from Nasdaq following a decision by the Nasdaq Hearing Panel. The company failed to meet the compliance deadline of August 5, 2024, for periodic filing obligations.
August 06, 2024 | 9:26 pm
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DZS Inc. will be delisted from Nasdaq due to non-compliance with periodic filing obligations by the August 5, 2024 deadline.
The delisting from Nasdaq is a significant negative event for DZS Inc. as it indicates regulatory non-compliance and may lead to reduced investor confidence and liquidity issues.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100