---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-005353"
form_type: "8-K"
ticker: "CNET"
cik: "0001376321"
company_name: "ZW Data Action Technologies Inc."
filed_at: "2024-09-25T23:59:59+00:00"
generated_at: "2026-05-31T01:46:18.224533+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# ZW Data Action Technologies announces 1-for-4 reverse stock split to regain Nasdaq compliance

## Summary
- Board approved 1-for-4 reverse stock split; effective September 30, 2024.
- Authorized shares reduced from 50M to 12.5M; no shareholder vote required under Nevada law.
- Split aims to meet Nasdaq's $1.00 minimum bid price requirement for continued listing.
- No fractional shares; rounding up to nearest whole share; no cash in lieu.
- Trading symbol remains CNET; new CUSIP 98880R 307.

## SEC filing metadata
- accession: 0001171843-24-005353
- form_type: 8-K
- ticker: CNET
- cik: 0001376321
- company_name: ZW Data Action Technologies Inc.
- filed_at: 2024-09-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376321/000117184324005353/0001171843-24-005353-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376321/000117184324005353/f8k_092524.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-005353
- JSON: https://secwatch.observer/filing/0001171843-24-005353.json
- Plain text: https://secwatch.observer/filing/0001171843-24-005353.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.