ZW Data Action Technologies Inc. Files 8-K/A Amendment
Ticker: CNET · Form: 8-K/A · Filed: Sep 4, 2025 · CIK: 1376321
| Field | Detail |
|---|---|
| Company | Zw Data Action Technologies INC. (CNET) |
| Form Type | 8-K/A |
| Filed Date | Sep 4, 2025 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.001, $250,110, $2.1, $278,040 |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, material-agreement, equity-sale
TL;DR
ZW Data Action Tech filed an 8-K/A amendment on May 8, 2025, covering material agreements and equity sales.
AI Summary
ZW Data Action Technologies Inc. filed an amendment (8-K/A) on September 4, 2025, to a report originally dated May 13, 2025, which detailed events from May 8, 2025. The amendment pertains to a material definitive agreement, unregistered sales of equity securities, and financial statements/exhibits.
Why It Matters
This amendment provides updated or corrected information regarding significant corporate events, potentially impacting investors' understanding of the company's agreements and financial status.
Risk Assessment
Risk Level: low — The filing is an amendment to a previous report, indicating a correction or update rather than a new, high-risk event.
Key Players & Entities
- ZW Data Action Technologies Inc. (company) — Registrant
- 0001171843-25-005742 (filing_id) — Accession Number
- May 8, 2025 (date) — Earliest event date
- May 13, 2025 (date) — Original report date
- September 4, 2025 (date) — Filing date of amendment
FAQ
What specific material definitive agreement is being amended or clarified in this 8-K/A filing?
The filing indicates an 'Entry into a Material Definitive Agreement' as an item information, but the specific details of the agreement are not provided in the excerpt.
What type of unregistered sales of equity securities are detailed in this amendment?
The filing lists 'Unregistered Sales of Equity Securities' as an item, but the specifics of these sales are not detailed in the provided text.
What financial statements or exhibits are included as part of this amendment?
The filing mentions 'Financial Statements and Exhibits' as an item, but the content of these is not specified in the excerpt.
What was the original filing date for the report being amended?
The original report date was May 13, 2025, with the earliest event reported on May 8, 2025.
What is the company's former name, and when did it change?
The company was formerly known as ChinaNet Online Holdings, Inc. (name change date 20090724) and EMAZING INTERACTIVE, INC. (name change date 20060922).
Filing Stats: 1,245 words · 5 min read · ~4 pages · Grade level 10.8 · Accepted 2025-09-04 16:05:47
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 CNET NASDAQ Capital Market Explan
- $250,110 — re for an aggregate purchase price of US$250,110, representing a purchase price of US$2.
- $2.1 — 110, representing a purchase price of US$2.1 per share. The closing shall take place
- $278,040 — re for an aggregate purchase price of US$278,040, representing a purchase price of US$2.
Filing Documents
- f8ka_090425.htm (8-K/A) — 33KB
- 0001171843-25-005742.txt ( ) — 200KB
- cnet-20250508.xsd (EX-101.SCH) — 3KB
- cnet-20250508_lab.xml (EX-101.LAB) — 33KB
- cnet-20250508_pre.xml (EX-101.PRE) — 22KB
- f8ka_090425_htm.xml (XML) — 5KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On May 8, 2025, ZW Data Action Technologies Inc. (the "Company") entered into a Securities Purchase Agreement (the "Agreement 1 ") with Golden Harvest Trust Limited (Business Registration Number: 75554628) in its capacity as trustee of InfiniteReach Investment Group Limited Trust (the " Purchaser 1 "), pursuant to which the Purchaser 1 agreed to purchase 119,100 shares of common stock of the Company, par value $0.001 per share for an aggregate purchase price of US$250,110, representing a purchase price of US$2.1 per share. The closing shall take place on the date mutually agreed by the parties, subject to the closing conditions contained in the Agreement. On the date that the Agreement 1 was signed, the Purchaser 1 also entered into a lock-up agreement with the Company, whereby the Purchaser 1 agreed not to transfer the shares until six-month anniversary of the date of the Agreement 1. On May 8, 2025, the Company entered into a Securities Purchase Agreement (the " Agreement 2 ") with BlackSilver Trust (Hong Kong) Limited (Business Registration Number: 74239285) in its capacity as trustee of the VividHorizon Trust (the " Purchaser 2 "), pursuant to which the Purchaser 2 agreed to purchase 119,100 shares of common stock of the Company, par value $0.001 per share for an aggregate purchase price of US$250,110, representing a purchase price of US$2.1 per share. The closing shall take place on the date mutually agreed by the parties, subject to the closing conditions contained in the Agreement 2. On the date that the Agreement 2 was signed, the Purchaser 2 also entered into a lock-up agreement with the Company, whereby the Purchaser 2 agreed not to transfer the shares until six-month anniversary of the date of the Agreement 2. On May 13, 2025, the Company entered into a Securities Purchase Agreement (the " Agreement 3 ") with Chaucer Investment & Consulting Limited, a Hong Kong business company (Business Registra
02 Unregistered Sales of Equity Securities
Item 3.02 Unregistered Sales of Equity Securities. The disclosure required by this Item and included in Item 1.01 of this Current Report is incorporated herein by reference. The shares were sold without registration under the Securities Act of 1933, as amended (the " Securities Act "), in reliance on the exemptions provided by Section 4(a)(2) of the Securities Act and Regulations D and S promulgated thereunder as sales to accredited investors and in reliance on similar exemptions under applicable state laws.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 10.1 Securities Purchase Agreement, dated May 8, 2025 (incorporated by reference to the Exhibit 10.1 of the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 14, 2025). 10.2 Lock-Up Agreement, dated May 8, 2025 (incorporated by reference to the Exhibit 10.2 of the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 14, 2025). 10.3 Securities Purchase Agreement, dated May 8, 2025 (incorporated by reference to the Exhibit 10.3 of the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 14, 2025). 10.4 Lock-up Agreement, dated May 8, 2025 (incorporated by reference to the Exhibit 10.4 of the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 14, 2025). 10.5 Securities Purchase Agreement, dated May 13, 2025 (incorporated by reference to the Exhibit 10.5 of the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 14, 2025). 10.6 Lock-Up Agreement, dated May 13, 2025 (incorporated by reference to the Exhibit 10.6 of the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 14, 2025).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ZW DATA ACTION TECHNOLOGIES INC. Dated: September 4, 2025 By: /s/ Handong Cheng Name: Handong Cheng Title: Chief Executive Officer and Acting Chief Financial Officer