February 28, 2015 1:06 PM ET

Technology Hardware, Storage and Peripherals

Company Overview of ZCO Liquidating Corporation

Company Overview

On August 18, 2014, ZCO Liquidating Corporation went out of business as per its Chapter 11 liquidation filing under bankruptcy. ZCO Liquidating Corporation designs, manufactures, and distributes solid state drives (SSDs) and computer components primarily in the United States, Germany, the Middle East, Africa, and Europe. The company specializes in high-speed memory in the enterprise and consumer SSD markets, a technology that competes with traditional rotating magnetic hard disk drives. It supports interfaces, including PCI express, SCSI, and serial ATA for personal computers, servers, data storage systems, and industrial equipment; and offers enterprise products comprise Deneva 2 SATA SSDs,...

6373 San Ignacio Avenue

San Jose, CA 95119

United States

Founded in 2002

597 Employees

Phone:

408-733-8400

Fax:

408-733-5200

Key Executives for ZCO Liquidating Corporation

ZCO Liquidating Corporation does not have any Key Executives recorded.

ZCO Liquidating Corporation Key Developments

NASDAQ Files Form 25 To Delist And Deregister ZCO Liquidating

As previously reported, the common stock of ZCO Liquidating Corporation, f/k/a OCZ Technology Group, Inc. (the “Company”), was suspended from trading on The NASDAQ Stock Market (“NASDAQ”) at the opening of business on December 27, 2013 pursuant to NASDAQ Listing Rules 5101, 5110(b) and IM-5101-1. On February 24, 2014, NASDAQ filed a Form 25 with the Securities and Exchange Commission to delist and deregister the Company’s common stock. The delisting will become effective on March 6, 2014, ten days after the Form 25 was filed.

NASDAQ Announces Delisting Of OCZ Technology Group

The NASDAQ Stock Market announced that it will delist the common stock of OCZ Technology Group Inc. OCZ Technology Group Inc.'s stock was suspended on December 27, 2013 and has not traded on NASDAQ since that time. NASDAQ will file a Form 25 with the Securities and Exchange Commission to complete the delisting for each of these companies. The delisting become effective ten days after the Form 25 is filed.

OCZ Technology Group, Inc. Announces Management Changes; Amends Certificate of Incorporation

Effective January 21, 2014, Ralph Schmitt and Rafael Torres each resigned from their positions as OCZ Technology Group, Inc.'s President, Chief Executive Officer, and Director and the company's Chief Financial Officer, respectively, and all positions held with any subsidiary of the company. Mr. Schmitt and Mr. Torres resigned from their positions with the company because they have been appointed as officers of OCZ Storage Solutions. Effective January 23, 2014 the company's board of directors appointed Timothy D. Boates of RAS Management Advisors, LLC as Chief Restructuring Officer to assist the Company in its debtor-in-possession operations and related financial restructuring. Mr. Boates will have full responsibility for all of the company's operations, including but not limited to day to day management, and will report directly to the company's board of directors. Mr. Boates is the President of RAS, a turnaround and management firm. He has been employed by RAS for the past 13 years and has been President of that organization for 5 years. RAS and Mr. Boates have served as financial advisor to the company since December 16, 2013, pursuant to an agreement dated December 14, 2013. Effective January 24, 2014, the Company amended its Fourth Amended and Restated Certificate of Incorporation to change its corporate name to ZCO Liquidating Corporation by means of a merger of its wholly-owned subsidiary, Oldco Technology Group, Inc., with and into the Company.

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