Zoom Technologies - Late Filing of 2014 Q1 Report
May 27 2014 - 2:12PM
On May 21, 2014, Zoom Technologies, Inc. (Nasdaq:ZOOM) (the
"Company") received a Nasdaq Staff Deficiency Letter indicating
that, as a result of the Company not timely filing its Quarterly
Report on Form 10-Q for the quarter ended March 31, 2014 (the "2014
Q1 Report"), the Company failed to comply with the periodic filing
requirements for continued listing set forth in Rule 5250(c)(1) of
the Nasdaq Listing Rules. In accordance with Nasdaq Listing Rule
5810(c)(2), Nasdaq has provided the Company until June 16, 2014 to
submit a plan to regain compliance. The Company expects to file its
2014 Q1 Report in short order, and fully expects to be able to meet
the June 16, 2014 deadline.
For further details, please refer to the Company's Form 8-K
filed with the U.S. Securities and Exchange Commission on May 27,
2014.
CONTACT: Investor Relations
Zoom Technologies, Inc.
+86-10-5935-9576
ir@zoom.com