DZS Inc. (DZSI) Launches 3.37M Share Offering

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Go back to DZS Inc. (DZSI) Launches 3.37M Share Offering

DZS Announces Launch of Public Offering of Common Stock

November 16, 2022 4:01 PM EST

DALLAS, Nov. 16, 2022 (GLOBE NEWSWIRE) -- DZS Inc. (NASDAQ: DZSI) (the Company or DZS), a global leader in access and optical edge infrastructure and cloud software solutions, today announced the launch of an underwritten registered public offering of 2,507,750 shares of its common stock by the Company and 869,565 shares of DZS common stock by DASAN Networks, Inc. (the selling stockholder).  The Company and the selling stockholder expect to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of the common stock sold by the Company and the selling stockholder in the... More