DZS Inc. (DZSI) to Offer Common Stock

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DZS Announces Launch of Public Offering of Common Stock

January 26, 2021 4:10 PM EST

PLANO, Texas, Jan. 26, 2021 (GLOBE NEWSWIRE) -- DZS Inc. (NASDAQ: DZSI) (the Company or DZS) today announced the launch of an underwritten registered public offering of shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock sold in the proposed offering. All shares of common stock to be sold in the proposed offering will be offered by the Company. The proposed offering is subject to market and other conditions, and... More