ZW Data Action Technologies Inc. Files 8-K
Ticker: CNET · Form: 8-K · Filed: Sep 27, 2024 · CIK: 1376321
| Field | Detail |
|---|---|
| Company | Zw Data Action Technologies INC. (CNET) |
| Form Type | 8-K |
| Filed Date | Sep 27, 2024 |
| Risk Level | medium |
| Pages | 2 |
| 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 9/27/24 detailing a material agreement and equity sales.
AI Summary
On September 25, 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 September 27, 2024.
Why It Matters
This 8-K filing indicates significant corporate actions, including a material definitive agreement 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
- September 25, 2024 (date) — Date of earliest event reported
- September 27, 2024 (date) — Filing date
- Nevada (jurisdiction) — State of incorporation
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' but does not specify the nature of the agreement in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on September 25, 2024.
What is the company's former name?
The company was formerly known as ChinaNet Online Holdings, Inc. and EMAZING INTERACTIVE, INC.
Where is ZW Data Action Technologies Inc. incorporated?
ZW Data Action Technologies Inc. is incorporated in Nevada.
What are the key items reported in this 8-K filing?
The key items reported are Entry into a Material Definitive Agreement, Unregistered Sales of Equity Securities, and Financial Statements and Exhibits.
Filing Stats: 655 words · 3 min read · ~2 pages · Grade level 11.6 · Accepted 2024-09-27 16:05:59
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 CNET NASDAQ Capital Market 1.01 E
- $268,818 — re for an aggregate purchase price of US$268,818. The closing shall take place on the da
Filing Documents
- f8k_092724.htm (8-K) — 21KB
- exh_101.htm (EX-10.1) — 92KB
- exh_102.htm (EX-10.2) — 22KB
- 0001171843-24-005380.txt ( ) — 340KB
- cnet-20240925.xsd (EX-101.SCH) — 3KB
- cnet-20240925_lab.xml (EX-101.LAB) — 33KB
- cnet-20240925_pre.xml (EX-101.PRE) — 22KB
- f8k_092724_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 25, 2024 10.2 Lock-Up Agreement, dated September 25, 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: September 27, 2024 By: /s/ Handong Cheng Name: Handong Cheng Title: Chief Executive Officer and Acting Chief Financial Officer