secwatch.observer — SEC 8-K summary
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Issuer:     ZW Data Action Technologies Inc. (CNET)
CIK:        0001376321
Form:       8-K
Filed at:   2025-06-10T23:59:59+00:00
Accession:  0001171843-25-003815
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.02, 1.01
LLM model:  deepseek-v4-flash:cloud@v2

ZW Data Action issues 358,424 restricted shares for ~$1.08M gross proceeds
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376321/000117184325003815/0001171843-25-003815-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376321/000117184325003815/f8k_060925.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-003815

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer