secwatch.observer — SEC 8-K summary
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Issuer:     ZW Data Action Technologies Inc. (CNET)
CIK:        0001376321
Form:       8-K
Filed at:   2022-08-19T23:59:59+00:00
Accession:  0001171843-22-005767
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

ZW Data Action gets second Nasdaq extension to Feb 13, 2023 to cure bid price deficiency
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- Received Nasdaq notice on Aug 17, 2022 granting additional 180 days until Feb 13, 2023 to cure $1.00 minimum bid price deficiency.
- Company must have closing bid price >= $1 for at least 10 consecutive business days to regain compliance.
- If not cured by Feb 13, 2023, Nasdaq will delist; company may appeal to Hearings Panel.
- Company intends to cure deficiency via reverse stock split if necessary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376321/000117184322005767/0001171843-22-005767-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376321/000117184322005767/f8k_081722.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-005767

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