{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-25-001238","form_type":"8-K","ticker":"CNET","cik":"0001376321","company_name":"ZW Data Action Technologies Inc.","filed_at":"2025-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.468614+00:00","generated_at":"2026-05-25T13:29:58.082604+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"ZW Data Action Tech to acquire Rahula Digital Media for $600k","bullets":["Subsidiary ChinaNet Investment Holding to buy 100% of Rahula Digital Media (HK) from Vickie Chan for US$600,000.","Rahula owns Shenzhen Shangye Business Consulting, which holds marketing data IP and agent management technologies.","Deal expected to close before March 18, 2025; subject to customary conditions.","Consideration to be paid in cash at completion; agreement contains standard representations and warranties."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-25-001238","json":"https://secwatch.observer/filing/0001171843-25-001238.json","markdown":"https://secwatch.observer/filing/0001171843-25-001238.md","text":"https://secwatch.observer/filing/0001171843-25-001238.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1376321/000117184325001238/0001171843-25-001238-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1376321/000117184325001238/f8k_030325.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T13:29:58.082604+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"}