ZW Data Action Technologies raises $1.45M via private placement of 1M shares at $1.45/share

ZW Data Action Technologies Inc.

Sold 1,000,000 shares to five purchasers for aggregate proceeds of $1,450,000 at $1.45 per share.
One purchaser, Marvel Investment Limited, is controlled by director George Chu.
All purchasers agreed to a six-month lock-up on the shares.
Shares issued under exemption from registration (Section 4(a)(2) and Regulation D/S).
Closing subject to conditions; no specific closing date announced.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.