---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-006245"
form_type: "8-K"
ticker: "CNET"
cik: "0001376321"
company_name: "ZW Data Action Technologies Inc."
filed_at: "2025-10-02T23:59:59+00:00"
generated_at: "2026-05-17T04:54:47.215994+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 issues 608,800 restricted shares at $2.10 for $1.28M gross proceeds

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-25-006245
- form_type: 8-K
- ticker: CNET
- cik: 0001376321
- company_name: ZW Data Action Technologies Inc.
- filed_at: 2025-10-02T23:59:59+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/1376321/000117184325006245/0001171843-25-006245-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376321/000117184325006245/f8k_100225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-006245
- JSON: https://secwatch.observer/filing/0001171843-25-006245.json
- Plain text: https://secwatch.observer/filing/0001171843-25-006245.txt

## Key facts
- Equity Issuances
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1376321/000117184325006245/0001171843-25-006245-index.htm

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