secwatch.observer — SEC 8-K summary
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Issuer:     ZW Data Action Technologies Inc. (CNET)
CIK:        0001376321
Form:       8-K
Filed at:   2024-08-27T23:59:59+00:00
Accession:  0001171843-24-004945
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 3.02, 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ZW Data Action Technologies sells 358,424 shares at $0.75 each in private placement
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- Fryhigh Fintech Holdings purchased 358,424 common shares for $268,818 at $0.75/share.
- Shares are unregistered, relying on exemptions under Section 4(a)(2) and Regulation D/S.
- Purchaser agreed to a six-month lock-up on the shares from August 23, 2024.
- Closing occurred on a date mutually agreed; standard closing conditions apply.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376321/000117184324004945/0001171843-24-004945-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376321/000117184324004945/f8k_082724.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-004945

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer