Zoom Telephonics to offer 7,995,204 common shares via public offering

Investors receive one right for every common share held as of June 24

By Devika Patel

Knoxville, Tenn., May 28 – Zoom Telephonics, Inc. plans to sell 7,995,204 common shares in a public sale, according to a Form S-1 filed Thursday with the Securities and Exchange Commission. The company has registered up to $3,677,794 of stock.

Investors will receive one right for every common share held as of 5 p.m. ET on June 24. Each subscription right will allow the holder to buy one common share.

Proceeds will be used for working capital, product development and general corporate purposes.

The Boston company designs, produces, markets, sells and supports broadband and dial-up modems, Wi-Fi and Bluetooth wireless products and other communication-related products.

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