ZW Data Action Technologies Inc. Files 8-K
Ticker: CNET · Form: 8-K · Filed: Sep 9, 2024 · CIK: 1376321
| Field | Detail |
|---|---|
| Company | Zw Data Action Technologies INC. (CNET) |
| Form Type | 8-K |
| Filed Date | Sep 9, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $268,818 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, equity-sale, filing
TL;DR
ZW Data Action Technologies Inc. filed an 8-K on Sept 5, 2024, reporting material agreements and equity sales.
AI Summary
On September 5, 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 details are from their 8-K report.
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 — 8-K filings can signal significant corporate events, but without details on the agreements or sales, the specific risk is unclear.
Key Players & Entities
- ZW Data Action Technologies Inc. (company) — Registrant
- September 5, 2024 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of Incorporation
- 001-34647 (company_id) — Commission File Number
- 20-4672080 (tax_id) — IRS Employer Identification No.
FAQ
What type of material definitive agreement did ZW Data Action Technologies Inc. enter into?
The filing states that ZW Data Action Technologies Inc. entered into a material definitive agreement on September 5, 2024, but the specific details of the agreement are not provided in the provided text.
What was the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing was September 5, 2024.
What is the company's state of incorporation?
ZW Data Action Technologies Inc. is incorporated in Nevada.
What is the company's Commission File Number?
The Commission File Number for ZW Data Action Technologies Inc. is 001-34647.
What other items are reported in this 8-K filing besides the material definitive agreement?
This 8-K filing also reports on unregistered sales of equity securities and includes financial statements and exhibits.
Filing Stats: 775 words · 3 min read · ~3 pages · Grade level 11.5 · Accepted 2024-09-09 16:05:13
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 CNET NASDAQ Capital Market 1.01
- $268,818 — re for an aggregate purchase price of US$268,818. The closing shall take place on the da
Filing Documents
- f8k_090924.htm (8-K) — 24KB
- exh_101.htm (EX-10.1) — 96KB
- exh_102.htm (EX-10.2) — 24KB
- exh_103.htm (EX-10.3) — 96KB
- exh_104.htm (EX-10.4) — 24KB
- 0001171843-24-005127.txt ( ) — 507KB
- cnet-20240905.xsd (EX-101.SCH) — 3KB
- cnet-20240905_lab.xml (EX-101.LAB) — 33KB
- cnet-20240905_pre.xml (EX-101.PRE) — 22KB
- f8k_090924_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 September 5, 2024 10.2 Lock-Up Agreement, dated September 5, 2024 10.3 Securities Purchase Agreement, dated September 6, 2024 10.4 Lock-Up Agreement, dated September 6, 2024
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 9, 2024 By: /s/ Handong Cheng Name: Handong Cheng Title: Chief Executive Officer and Acting Chief Financial Officer