DZS Inc. (DZSI) Prices 3.38M Share Offering at $11.50/sh
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DZS Announces Pricing of Public Offering of Common Stock
November 16, 2022 8:48 PM ESTDALLAS, 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 that it has priced an underwritten registered public offering by the Company and DASAN Networks, Inc. (the selling stockholder) of an aggregate of 3,377,315 shares of the Companys common stock at a price to the public of $11.50 per share, of which 2,507,750 shares are being offered by the Company and 869,565 shares are being offered by the selling stockholder. The Company and the selling stockholder have granted the... More
