ZW Data Action Technologies Inc. Files 8-K
Ticker: CNET · Form: 8-K · Filed: Jan 7, 2025 · CIK: 1376321
| Field | Detail |
|---|---|
| Company | Zw Data Action Technologies INC. (CNET) |
| Form Type | 8-K |
| Filed Date | Jan 7, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $250,110, $2.1 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, equity-sale, filing
TL;DR
ZW Data Action Technologies Inc. filed an 8-K on Jan 7, 2025, reporting a material agreement and equity sales.
AI Summary
On January 3, 2025, 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 January 7, 2025.
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 — 8-K filings often contain material information that can lead to stock price volatility, especially concerning definitive agreements and equity sales.
Key Numbers
- 001-34647 — SEC File Number (Identifies the company's filing with the SEC.)
- 20-4672080 — IRS Number (Company's Employer Identification Number.)
Key Players & Entities
- ZW Data Action Technologies Inc. (company) — Registrant
- January 3, 2025 (date) — Date of earliest event reported
- January 7, 2025 (date) — Filing date
- Nevada (jurisdiction) — State of incorporation
- ChinaNet Online Holdings, Inc. (company) — Former company name
- EMAzing INTERACTIVE, INC. (company) — Former company name
FAQ
What is the nature of the material definitive agreement entered into by ZW Data Action Technologies Inc. on January 3, 2025?
The filing does not specify the details of the material definitive agreement, only that one was entered into on January 3, 2025.
What type of equity securities were sold in the unregistered sales reported by ZW Data Action Technologies Inc.?
The filing mentions unregistered sales of equity securities but does not provide specific details about the type or amount of securities sold.
When was ZW Data Action Technologies Inc. formerly known as ChinaNet Online Holdings, Inc.?
The company changed its name from ChinaNet Online Holdings, Inc. on July 24, 2009.
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.
What is the business address of ZW Data Action Technologies Inc.?
The business address is NO.3 MIN ZHUANG ROAD, BUILDING 6, YU QUAN HUI GU TUSPARK, HAIDIAN DISTRICT, BEIJING, F4, 100195.
Filing Stats: 810 words · 3 min read · ~3 pages · Grade level 11.1 · Accepted 2025-01-07 16:05:49
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 CNET NASDAQ Capital Market 1.01 E
- $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
Filing Documents
- f8k_010325.htm (8-K) — 22KB
- exh_101.htm (EX-10.1) — 103KB
- exh_102.htm (EX-10.2) — 23KB
- exh_103.htm (EX-10.3) — 103KB
- exh_104.htm (EX-10.4) — 23KB
- 0001171843-25-000085.txt ( ) — 515KB
- cnet-20250103.xsd (EX-101.SCH) — 3KB
- cnet-20250103_lab.xml (EX-101.LAB) — 33KB
- cnet-20250103_pre.xml (EX-101.PRE) — 22KB
- f8k_010325_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 January 2, 2025 10.2 Lock-Up Agreement, dated January 2, 2025 10.3 Securities Purchase Agreement, dated January 3, 2025 10.4 Lock-up Agreement, dated January 3, 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: January 7, 2025 By: /s/ Handong Cheng Name: Handong Cheng Title: Chief Executive Officer and Acting Chief Financial Officer