ZW Data Action Technologies Files 8-K

TL;DR

ZW Data Action Tech filed an 8-K on Aug 23, reporting material agreements & equity sales.

AI Summary

On August 23, 2024, ZW Data Action Technologies Inc. entered into a material definitive agreement. The company also reported on unregistered sales of equity securities and filed financial statements and exhibits. The filing was made on August 27, 2024.

Why It Matters

This 8-K filing indicates significant corporate actions, including definitive agreements and equity sales, which could impact the company's financial structure and future operations.

Risk Assessment

Risk Level: medium — The filing involves material definitive agreements and unregistered sales of equity, which can introduce financial and operational risks.

Key Players & Entities

• ZW Data Action Technologies Inc. (company) — Registrant
• August 23, 2024 (date) — Date of earliest event reported
• August 27, 2024 (date) — Filing date
• Nevada (jurisdiction) — State of incorporation
• ChinaNet Online Holdings, Inc. (company) — Former company name
• EMAZING INTERACTIVE, INC. (company) — Former company name

FAQ

Key Financial Figures

• $0.001 — ch registered Common Stock, par value $0.001 CNET NASDAQ Capital Market 1.01 E
• $268,818 — ") for an aggregate purchase price of US$268,818 (the " Purchase Price "). The closing s

Filing Documents

• f8k_082724.htm (8-K) — 22KB
• exh_101.htm (EX-10.1) — 102KB
• exh_102.htm (EX-10.2) — 22KB
• 0001171843-24-004945.txt ( ) — 353KB
• cnet-20240823.xsd (EX-101.SCH) — 3KB
• cnet-20240823_lab.xml (EX-101.LAB) — 33KB
• cnet-20240823_pre.xml (EX-101.PRE) — 22KB
• f8k_082724_htm.xml (XML) — 4KB

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 August 23, 2024 10.2 Lock-Up Agreement, dated August 23, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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: August 27, 2024 By: /s/ Handong Cheng Name: Handong Cheng Title: Chief Executive Officer and Acting Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR