ZW Data Action Technologies issues 608,800 restricted shares at $2.10 for $1.28M gross proceeds

ZW Data Action Technologies Inc.

Issued 608,800 restricted common shares at $2.10 per share to accredited and non-US investors.
Total gross proceeds from the transaction amount to approximately $1,278,480.
The issuance is part of securities purchase agreements previously disclosed in January, May, and September 2025.
Shares are restricted and were sold in an unregistered transaction relying on Rule 506(b) or similar exemptions.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

ZW Data Action Technologies Inc. issued 608,800 restricted shares of common stock of common stock to accredited and non-US persons and entities for $2.10 per share with total gross proceeds from the transactions amounting to approximately $1,278,480.

Security: common stock
Shares: 608,800 restricted shares of common stock
Purchaser: accredited and non-US persons and entities
Consideration: $2.10 per share with total gross proceeds from the transactions amounting to approximately $1,278,480

Exact text from the filing

the Company issued a total of 608,800 restricted shares of common stock to the investors, including accredited and non-US persons and entities. The shares of common stock were sold for $2.10 per share with total gross proceeds from the transactions amounting to approximately $1,278,480.

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ZW Data Action Technologies Inc. filing history →

Source: SEC EDGAR

accession 0001171843-25-006245

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