{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-25-006766","form_type":"8-K","ticker":"CNET","cik":"0001376321","company_name":"ZW Data Action Technologies Inc.","filed_at":"2025-10-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.256581+00:00","generated_at":"2026-05-17T01:36:46.202405+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"ZW Data acquires 9.9% stake in Modest Attack Ltd for $1M to expand RWA blockchain services","bullets":["Consideration: $625K cash and 150K shares of CNET common valued at $2.50/sh ($375K), total $1M.","Target Modest Attack Ltd (BVI) provides blockchain-based on-chain services for real world assets (RWAs).","A $300K refundable deposit (30% of purchase price) is payable immediately upon signing.","Closing subject to customary conditions; Purchaser to hold 9.9% equity post-closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-25-006766","json":"https://secwatch.observer/filing/0001171843-25-006766.json","markdown":"https://secwatch.observer/filing/0001171843-25-006766.md","text":"https://secwatch.observer/filing/0001171843-25-006766.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1376321/000117184325006766/0001171843-25-006766-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1376321/000117184325006766/f8k_102825.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:36:46.202405+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}