Zoom Technologies Raises $1 Million in Common Stock Offering

Zoom Technologies Raises $1 Million in Common Stock Offering
Zoom Technologies, Inc. (NASDAQ: ZOOM), a leading China-based manufacturer of mobile phones and other mobile electronic products, today announced that it has raised $1 million through the sale of 166,667 shares of common stock, at $6.00 per share on Friday, May 28, 2010. read more