DZS-Completes-Divestiture-of-Asia-Business
TLDR: DZS Inc. just reduced its debt from $43 million to $15 million. This move allows DZS to focus on growth regions in the Americas, Europe, Middle East, Africa, and Australia/New Zealand. The company appointed a new independent registered public accounting firm and is working diligently to become current with all outstanding financial filing periods.
Why I’m interested in investing:
The stock DZSI is at an all time low because of the potential delisting notice from NASDAQ. They seem to be working to resolve the issues though and when they do I suspect the stock price will recover.
What are your thoughts?
