Item 8.01 Other Events.
On September 26, 2020, Zoom Telephonics, Inc. (the "Company") entered into an
Exclusivity Agreement (the "Exclusivity Agreement") with Minim Inc. regarding a
possible business combination (the "Possible Transaction"). Under the
Exclusivity Agreement, the parties agreed not to pursue any alternative
transactions until October 8, 2020, subject to an additional fourteen (14) day
extension if agreed in writing by both parties.
There can be no assurance that the Company's exploration of the Possible
Transaction will result in any particular action or any transaction being
pursued, entered into or consummated, or the timing of any action or
transaction.
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