{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-25-000347","form_type":"8-K","ticker":"CNET","cik":"0001376321","company_name":"ZW Data Action Technologies Inc.","filed_at":"2025-01-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.468379+00:00","generated_at":"2026-05-27T22:00:09.865935+00:00","sec_items":["3.02","1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"ZW Data Action Tech raises $500K via sale of 238,200 shares in private placements","bullets":["On Jan 15 and Jan 17, 2025, sold 119,100 shares each to two investors at $2.1/share for total proceeds of $500,250.","Purchasers: Eternity Star Development Ltd (BVI) and Chaucer Investment & Consulting Ltd (Hong Kong).","Each purchaser signed a six-month lock-up agreement restricting share transfers.","Shares issued without registration under Section 4(a)(2) of Securities Act and Regulations D and S.","No material change in business or operations disclosed; proceeds use not specified."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-25-000347","json":"https://secwatch.observer/filing/0001171843-25-000347.json","markdown":"https://secwatch.observer/filing/0001171843-25-000347.md","text":"https://secwatch.observer/filing/0001171843-25-000347.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1376321/000117184325000347/0001171843-25-000347-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1376321/000117184325000347/f8k_011725.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T22:00:09.865935+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}