secwatch.observer — SEC 8-K summary
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Issuer:     ZW Data Action Technologies Inc. (CNET)
CIK:        0001376321
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001171843-23-006670
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

ZW Data Action Technologies receives Nasdaq deficiency notice for bid price below $1
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- Received Nasdaq deficiency letter on Nov 1, 2023 for bid price closing below $1 for 30 consecutive business days.
- Has 180 calendar days (until April 29, 2024) to regain compliance with Minimum Bid Price Requirement.
- If compliance not achieved, may be eligible for a second 180-day period if meeting other listing standards and intent to cure via reverse stock split.
- Company will monitor and evaluate options but cannot assure compliance with Nasdaq listing standards.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376321/000117184323006670/0001171843-23-006670-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376321/000117184323006670/f8k_110223.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-006670

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