ZW Data Action raises $538K from two investors in unregistered stock sales

ZW Data Action Technologies Inc.

Two securities purchase agreements with Optimal Success and Amber Strong for 358,424 shares each at $0.75/share.
Total gross proceeds of $537,636; both investors subject to six-month lock-up.
Shares sold without registration under Section 4(a)(2) and Regulation D/S.
Closings subject to mutual agreement; proceeds intended for general corporate purposes.

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