secwatch.observer — SEC 8-K summary
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Issuer:     ZW Data Action Technologies Inc. (CNET)
CIK:        0001376321
Form:       8-K
Filed at:   2022-02-18T23:59:59+00:00
Accession:  0001171843-22-001203
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

ZW Data Action Technologies receives Nasdaq bid price deficiency notice
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- Nasdaq notified company on Feb 17, 2022 that common stock failed to meet $1.00 minimum bid for 30 consecutive business days.
- Company has 180 calendar days (until Aug 16, 2022) to regain compliance under Rule 5550(a)(2).
- To cure, bid price must close at $1.00 or higher for at least ten consecutive business days.
- Management is evaluating options to regain compliance but no assurance of success.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376321/000117184322001203/0001171843-22-001203-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376321/000117184322001203/f8k_021722.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-001203

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