secwatch.observer — SEC 8-K summary
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Issuer:     ZW Data Action Technologies Inc. (CNET)
CIK:        0001376321
Form:       8-K
Filed at:   2026-08-05T20:06:03+00:00
Accession:  0001171843-26-005242
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376321/000117184326005242/0001171843-26-005242-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376321/000117184326005242/f8k_080526.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-005242

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