News & Events

November 2008

Zhone Technologies Announces Update Concerning Reverse Stock Split

Zhone Technologies, Inc. (NASDAQ: ZHNE), the global leader in single-platform delivery of voice, DSL, EFM, FTTx and wireless services, announced today that The Nasdaq Stock Market ("Nasdaq") has extended the time by which Zhone must regain compliance with its minimum bid price requirement until March 16, 2009. Earlier this year, Zhone decided to pursue a reverse stock split in order to regain compliance with the Nasdaq requirement. On October 16, 2008, Zhone's stockholders approved a reverse sto... [...]