secwatch.observer — SEC 8-K summary
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Issuer:     ZW Data Action Technologies Inc. (CNET)
CIK:        0001376321
Form:       8-K
Filed at:   2025-01-07T23:59:59+00:00
Accession:  0001171843-25-000085
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02, 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ZW Data Action raises $500,220 via two private placements of common stock at $2.10/share
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- Entered Securities Purchase Agreements on Jan 2 and Jan 3, 2025, each selling 119,100 shares at $2.10/share.
- Purchasers are Pearl River Partners Limited and Bezier Investments Limited, both BVI companies.
- Each purchaser agreed to a six-month lock-up restricting share transfers.
- Shares issued without registration under Section 4(a)(2) and Regulation D/S exemptions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376321/000117184325000085/0001171843-25-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376321/000117184325000085/f8k_010325.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-000085

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