Fernando Chen
the Company also appointed Fernando Chen and Kelvin Choi as new independent directors.
Highest-materiality recent filing
ZW Data Action Technologies receives Nasdaq deficiency notice for bid price below $1.00
Received Nasdaq Deficiency Letter on March 26, 2026 for non-compliance with minimum bid price requirement (bid price below $1.00 for 30 consecutive business days).
ZW Data Action Tech raises $778,260 via sale of 370,600 shares at $2.10 each
Agreed to sell 119,100 shares to Golden Harvest Trust (Purchaser 1) for $250,110.
Nasdaq confirms ZW Data Action Technologies regained compliance with periodic filing requirement
Received Nasdaq letter on July 31, 2024 confirming compliance after filing delinquent Form 10-K and Form 10-Q.
ZW Data Action Tech FY2023 revenue $30.59M (+16.6%); net loss $5.97M
Revenue increased 16.6% to $30.59M, driven by SME advertising demand after COVID restrictions lifted.
ZW Data Action receives second Nasdaq delinquency notice for late Q1 10-Q; faces delisting risk
Nasdaq notified on May 17, 2024 that Q1 2024 Form 10-Q was not timely filed, adding to prior 2023 10-K delinquency.
ZW Data Action Technologies gets Nasdaq extension to cure bid price deficiency until Oct 28, 2024
Received second notice granting additional 180-day compliance period through October 28, 2024.
ZW Data Action receives Nasdaq delisting notice for late 10-K filing
Nasdaq notice under Rule 5250(c)(1) for failure to file 2023 Form 10-K by April 17, 2024.
ZW Data Action Technologies receives Nasdaq deficiency notice for bid price below $1
Received Nasdaq deficiency letter on Nov 1, 2023 for bid price closing below $1 for 30 consecutive business days.
ZW Data Action Q2 revenue up 41%, net loss narrows to $1.4M; H1 net loss $2.55M
Q2 revenue $9.82M (+41% YoY); net loss $1.40M ($0.19 per share) vs $1.71M loss YoY.
ZW Data Action Q1 revenue down 17.5% to $6.32M; net loss widens to $1.14M
Revenue fell to $6.32M from $7.65M YoY, driven by COVID-19 impact on SME clients.
ZW Data Action Tech reports FY2022 net loss of $9.79M; revenue down 44.6% to $26.24M
Revenue fell to $26.24M from $47.33M, driven by COVID-19 impact on SME clients in China.
ZW Data enacts 1-for-5 reverse stock split to regain Nasdaq compliance
Reverse stock split at ratio 1-for-5 effective January 18, 2023; trading on split-adjusted basis begins January 20.
ZW Data Q3 2022 revenue falls 39% to $7.22M; net loss widens to $2.84M
Revenue $7.22M, down 39.4% YoY; net loss $2.84M ($0.08 loss per share) vs net income $1.38M ($0.04 EPS) last year.
ZW Data Action Q2 revenue falls 52% to $6.95M; net loss narrows to $1.71M
Q2 revenue $6.95M, down 52.3% YoY; cost of revenue down 52.4% to $7.03M.
ZW Data Action gets second Nasdaq extension to Feb 13, 2023 to cure bid price deficiency
Received Nasdaq notice on Aug 17, 2022 granting additional 180 days until Feb 13, 2023 to cure $1.00 minimum bid price deficiency.
ZW Data Action Tech reports FY2021 revenue up 23% but operating loss widens to $13.6M
Revenue $47.33M (+23.2% YoY); gross profit fell to $0.10M (0.2% margin vs 1.6%).
ZW Data Action Technologies receives Nasdaq bid price deficiency notice
Nasdaq notified company on Feb 17, 2022 that common stock failed to meet $1.00 minimum bid for 30 consecutive business days.
ZW Data Action reports Q3 net income $1.38M vs loss; blockchain/NFT platform launched
Q3 2021 revenue $11.90M, down 3.3% YoY; net income $1.38M ($0.04 EPS) vs net loss $1.33M ($0.06 loss) in Q3 2020.
ZW Data Action Q2 revenue up 39.7% to $14.55M; net loss widens to $3.65M
Q2 revenue $14.55M (+39.7% YoY); H1 revenue $22.95M (+55% YoY).
the Company also appointed Fernando Chen and Kelvin Choi as new independent directors.
On that same day, Mr. Chung Wang Yiu (Ron) was appointed to fill the vacancy created from Mr. Pau’s resignation.
the Company also appointed Fernando Chen and Kelvin Choi as new independent directors.
On Octomber 3, 2024, Pau Chung Ho resigned as a director of ZW Data Action Technologies Inc. (the “Company”) and as a member of the Company’s audit, compensation, and nominating and corporate governance committees.
On the same date, the board of directors of the Company, by unanimous written consent, appointed Mr. Handong Cheng, Chief Executive Officer of the Company, to serve as Acting Chief Financial Officer and Secretary of the Company.
On May 4, 2023, Mr. Mark Li resigned as Chief Financial Officer and Secretary of ZW Data Action Technologies Inc., a Nevada corporation (the “Company”).
On February 15, 2023, Chi Wa Chiu (“Charles”) resigned as Chief Operating Officer of ZW Data Action Technologies Inc., a Nevada corporation (the “Company”).
Max materiality 0.75 · Median 0.50 · Most common event other_material