Zoom Telephonics raises USD 3.4 mln, looking into Nasdaq listing

Thursday 28 May 2020 | 09:29 CET | News
After reporting record revenues for the first quarter, Zoom Telephonics said it raised USD 3.4 million during its latest share offering at USD 1.52 per unit. The money raised will be able to fully fund the company's multi-year business plan to put out new products such as gateways, bridges and Wi-Fi mesh products, and to expand geographically. The company is also looking into a listing on the Nasdaq.

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Categories: Fixed
Companies: Oracle / Zoom Telephonics
Countries: World
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