---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-003815"
form_type: "8-K"
ticker: "CNET"
cik: "0001376321"
company_name: "ZW Data Action Technologies Inc."
filed_at: "2025-06-10T23:59:59+00:00"
generated_at: "2026-05-19T15:23:51.910146+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 issues 358,424 restricted shares for ~$1.08M gross proceeds

## Summary
- Issued 358,424 restricted shares of common stock at $3.0 per share on June 10, 2025.
- Total gross proceeds from the unregistered sale amount to approximately $1,075,272.
- Shares sold to accredited and non-US investors pursuant to securities purchase agreements from August-September 2024.

## SEC filing metadata
- accession: 0001171843-25-003815
- form_type: 8-K
- ticker: CNET
- cik: 0001376321
- company_name: ZW Data Action Technologies Inc.
- filed_at: 2025-06-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.02, 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376321/000117184325003815/0001171843-25-003815-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376321/000117184325003815/f8k_060925.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-003815
- JSON: https://secwatch.observer/filing/0001171843-25-003815.json
- Plain text: https://secwatch.observer/filing/0001171843-25-003815.txt

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