ZW Data Action Technologies Inc. Files 8-K
Ticker: CNET · Form: 8-K · Filed: Jan 21, 2025 · CIK: 1376321
| Field | Detail |
|---|---|
| Company | Zw Data Action Technologies INC. (CNET) |
| Form Type | 8-K |
| Filed Date | Jan 21, 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 21, 2025, reporting a material definitive agreement and equity sales.
AI Summary
On January 15, 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 21, 2025.
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 equity sales, which can introduce financial and operational risks.
Key Players & Entities
- ZW Data Action Technologies Inc. (company) — Registrant
- January 15, 2025 (date) — Date of earliest event reported
- January 21, 2025 (date) — Filing date
- Nevada (jurisdiction) — State of incorporation
FAQ
What type of material definitive agreement was entered into by ZW Data Action Technologies Inc. on January 15, 2025?
The filing does not specify the nature of the material definitive agreement, only that one was entered into on January 15, 2025.
What was the purpose of the unregistered sales of equity securities mentioned in the filing?
The filing mentions unregistered sales of equity securities but does not provide details on their purpose or terms.
When was ZW Data Action Technologies Inc. incorporated, and in which state?
ZW Data Action Technologies Inc. was incorporated in Nevada.
What are the business and mailing addresses for 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. The mailing address is 101-C N. GREENVILLE AVENUE, SUITE 255, ALLEN, TX, 75002.
Has ZW Data Action Technologies Inc. had previous company names?
Yes, the company was formerly known as ChinaNet Online Holdings, Inc. (name change effective 20090724) and EMAZING INTERACTIVE, INC. (name change effective 20060922).
Filing Stats: 811 words · 3 min read · ~3 pages · Grade level 11.2 · Accepted 2025-01-21 16:06:06
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_011725.htm (8-K) — 22KB
- exh_101.htm (EX-10.1) — 101KB
- exh_102.htm (EX-10.2) — 19KB
- exh_103.htm (EX-10.3) — 100KB
- exh_104.htm (EX-10.4) — 19KB
- 0001171843-25-000347.txt ( ) — 501KB
- cnet-20250117.xsd (EX-101.SCH) — 3KB
- cnet-20250117_lab.xml (EX-101.LAB) — 33KB
- cnet-20250117_pre.xml (EX-101.PRE) — 22KB
- f8k_011725_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 15, 2025 10.2 Lock-Up Agreement, dated January 15, 2025 10.3 Securities Purchase Agreement, dated January 17, 2025 10.4 Lock-up Agreement, dated January 17, 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 21, 2025 By: /s/ Handong Cheng Name: Handong Cheng Title: Chief Executive Officer and Acting Chief Financial Officer