other material
confidence high
sentiment neutral
materiality 0.55
ZW Data Action Technologies raises $750k in private placements of 357,300 shares at $2.10 each
ZW Data Action Technologies Inc.
- Three purchasers each acquire 119,100 shares at $2.10/share, for aggregate proceeds of $750,330.
- Shares subject to six-month lock-up agreements with the company.
- Offering conducted without registration under Section 4(a)(2) and Regulations D and S.
- No specific use of proceeds disclosed; proceeds expected for general corporate purposes.