ZW Data Action Technologies Inc. Enters Material Definitive Agreement
Ticker: CNET · Form: 8-K · Filed: Sep 19, 2025 · CIK: 1376321
| Field | Detail |
|---|---|
| Company | Zw Data Action Technologies INC. (CNET) |
| Form Type | 8-K |
| Filed Date | Sep 19, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $300,000, $420,000, $2.10 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, corporate-actions
TL;DR
ZW Data Action Technologies Inc. signed a big deal on Sept 17, 2025.
AI Summary
On September 17, 2025, ZW Data Action Technologies Inc. entered into a material definitive agreement. The company, formerly known as ChinaNet Online Holdings, Inc. and EMAZING INTERACTIVE, INC., is incorporated in Nevada and headquartered in Beijing, China.
Why It Matters
This filing indicates a significant new contract or partnership for ZW Data Action Technologies Inc., which could impact its future business operations and financial performance.
Risk Assessment
Risk Level: medium — Entering into a material definitive agreement is a significant event that can introduce new risks and opportunities, the specifics of which are not detailed in this initial filing.
Key Players & Entities
- ZW Data Action Technologies Inc. (company) — Registrant
- ChinaNet Online Holdings, Inc. (company) — Former Company Name
- EMAZING INTERACTIVE, INC. (company) — Former Company Name
- September 17, 2025 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by ZW Data Action Technologies Inc.?
The filing states that ZW Data Action Technologies Inc. entered into a material definitive agreement on September 17, 2025, but the specific details of the agreement are not provided in this initial 8-K filing.
When was the material definitive agreement entered into?
The material definitive agreement was entered into on September 17, 2025.
What were the former names of ZW Data Action Technologies Inc.?
ZW Data Action Technologies Inc. was formerly known as ChinaNet Online Holdings, Inc. and EMAZING INTERACTIVE, INC.
In which state is ZW Data Action Technologies Inc. incorporated?
ZW Data Action Technologies Inc. is incorporated in Nevada.
Where is ZW Data Action Technologies Inc. headquartered?
ZW Data Action Technologies Inc. is headquartered in Beijing, China, with a business address at NO.3 MIN ZHUANG ROAD, BUILDING 6, YU QUAN HUI GU TUSPARK, HAIDIAN DISTRICT, BEIJING.
Filing Stats: 596 words · 2 min read · ~2 pages · Grade level 12.5 · Accepted 2025-09-19 16:06:23
Key Financial Figures
- $300,000 — haser shall pay to the Sellers totaling $300,000 in cash and cause the Company to issue
- $420,000 — of the Company, having a total value of $420,000 and valued at $2.10 per share, to the S
- $2.10 — a total value of $420,000 and valued at $2.10 per share, to the Sellers. The closing
Filing Documents
- f8k_091925.htm (8-K) — 19KB
- exh_101.htm (EX-10.1) — 191KB
- 0001171843-25-005980.txt ( ) — 413KB
- cnet-20250917.xsd (EX-101.SCH) — 3KB
- cnet-20250917_lab.xml (EX-101.LAB) — 33KB
- cnet-20250917_pre.xml (EX-101.PRE) — 22KB
- f8k_091925_htm.xml (XML) — 3KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On September 17, 2025, CNET Technology Limited (the " Purchaser "), a wholly-owned subsidiary of ZW Data Action Technologies Inc. (the " Company ") in the British Virgin Islands, entered into a purchase agreement (the " Acquisition Agreement ") with B Ocean Capital Management Limited, a Cayman Islands company, and Oasis Management Consultant Limited, a Hong Kong company (collectively with B Ocean Capital Management Limited, the " Sellers ") and Titans Investment Asset Holdings Limited, a British Virgin Islands company (" Titans "), pursuant to which each Seller will sell its 9.80% equity interests in Titans (the " Equity Interests ") to the Purchaser. In consideration for the Equity Interests, the Purchaser shall pay to the Sellers totaling $300,000 in cash and cause the Company to issue 200,000 shares of common stock of the Company, having a total value of $420,000 and valued at $2.10 per share, to the Sellers. The closing of the acquisition is A copy of the Acquisition Agreement is attached to this Current Report on Form 8-K as Exhibit 10.1, and is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 10.1 Purchase Agreement, dated September 17, 2025 SIGNATURE 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. Dated: September 19, 2025 ZW Data Action Technologies Inc. By: /s/ Handong Cheng Name: Handong Cheng Title: Chief Executive Officer and Acting Chief Financial Officer