---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-003179"
form_type: "8-K"
ticker: "CNET"
cik: "0001376321"
company_name: "ZW Data Action Technologies Inc."
filed_at: "2025-05-14T23:59:59+00:00"
generated_at: "2026-05-21T08:12:35.481677+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# ZW Data Action Technologies raises $750k in private placements of 357,300 shares at $2.10 each

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-25-003179
- form_type: 8-K
- ticker: CNET
- cik: 0001376321
- company_name: ZW Data Action Technologies Inc.
- filed_at: 2025-05-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376321/000117184325003179/0001171843-25-003179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376321/000117184325003179/f8k_051325.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-003179
- JSON: https://secwatch.observer/filing/0001171843-25-003179.json
- Plain text: https://secwatch.observer/filing/0001171843-25-003179.txt

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