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CNET · Current Report (Form 8-K) · Filed August 5, 2026

Zw Data Action Technologies Inc — Current Report (Form 8-K)

Form
8-K
Filed
August 5, 2026
Period
Jul 30, 2026
Ticker
CNET
Accession
0001171843-26-005242
Boardroom Alpha · Filing insights

ZW Data Action Technologies completed five private placements at $1.45 per share for $1.45 million, with six-month lock-ups.

About Zw Data Action Technologies Inc
Market cap
$5M
1Y TSR
+1.7%
3Y TSR
−33.0%
Sector
Communication Services
CEO
Handong Cheng
Last annual meeting: Jul 22, 2026 · View full Zw Data Action Technologies Inc profile →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

______________

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): July 30, 2026

 

ZW Data Action Technologies Inc.

(Exact Name of Registrant as Specified in Charter)

 

Nevada   001-34647   20-4672080
(State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)

 

8/F. 29 Des Voeux Road Central, Central,

Hong Kong Special Administrative Region of the People’s Republic of China

(Address of Principal Executive Offices and Zip Code)

 

Registrant’s telephone number, including area code:

 

+852 2669-8078

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.001   CNET   NASDAQ Capital Market

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On July 30, 2026, ZW Data Action Technologies Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Agreement 1”) with Amber Strong International Limited, a British Virgin Islands business company (the “Purchaser 1”), pursuant to which the Purchaser 1 agreed to purchase 150,000 shares of common stock of the Company, par value $0.001 per share for an aggregate purchase price of US$217,500, representing a purchase price of US$1.45 per share. The closing shall take place on the date mutually agreed by the parties, subject to the closing conditions contained in the Agreement. On the date that the Agreement 1 was signed, the Purchaser 1 also entered into a lock-up agreement with the Company, whereby the Purchaser 1 agreed not to transfer the shares until six-month anniversary of the date of the Agreement 1.

 

On July 30, 2026, the Company entered into a Securities Purchase Agreement (the “Agreement 2”) with Marvel Investment Limited, a British Virgin Islands business company (the “Purchaser 2”), pursuant to which the Purchaser 2 agreed to purchase 300,000 shares of common stock of the Company, par value $0.001 per share for an aggregate purchase price of US$435,000, representing a purchase price of US$1.45 per share. Purchaser 2 is owned and controlled by Geroge Chu, the Company’s director. The closing shall take place on the date mutually agreed by the parties, subject to the closing conditions contained in the Agreement 2. On the date that the Agreement 2 was signed, the Purchaser 2 also entered into a lock-up agreement with the Company, whereby the Purchaser 2 agreed not to transfer the shares until six-month anniversary of the date of the Agreement 2.

 

On July 30, 2026, the Company entered into a Securities Purchase Agreement (the “Agreement 3”) with Matrix International Limited, a British Virgin Islands business company (the “Purchaser 3”), pursuant to which the Purchaser 3 agreed to purchase 150,000 shares of common stock of the Company, par value $0.001 per share for an aggregate purchase price of US$217,500, representing a purchase price of US$1.45 per share. The closing shall take place on the date mutually agreed by the parties, subject to the closing conditions contained in the Agreement 3. On the date that the Agreement 3 was signed, the Purchaser 3 also entered into a lock-up agreement with the Company, the Purchaser 3 agreed not to transfer the shares until six-month anniversary of the date of the Agreement 3.

 

On July 30, 2026, the Company entered into a Securities Purchase Agreement (the “Agreement 4”) with Optimal Success Investments Limited, a British Virgin Islands business company (the “Purchaser 4”), pursuant to which the Purchaser 4 agreed to purchase 150,000 shares of common stock of the Company, par value $0.001 per share for an aggregate purchase price of US$217,500, representing a purchase price of US$1.45 per share. The closing shall take place on the date mutually agreed by the parties, subject to the closing conditions contained in the Agreement 4. On the date that the Agreement 4 was signed, the Purchaser 4 also entered into a lock-up agreement with the Company, the Purchaser 4 agreed not to transfer the shares until six-month anniversary of the date of the Agreement 4.

 

On July 30, 2026, the Company entered into a Securities Purchase Agreement (the “Agreement 5”) with Global Yeh Family Ltd, a Republic of China (ROC) business company (the “Purchaser 5”), pursuant to which the Purchaser 5 agreed to purchase 250,000 shares of common stock of the Company, par value $0.001 per share for an aggregate purchase price of US$362,500, representing a purchase price of US$1.45 per share. The closing shall take place on the date mutually agreed by the parties, subject to the closing conditions contained in the Agreement 5. On the date that the Agreement 5 was signed, the Purchaser 5 also entered into a lock-up agreement with the Company, the Purchaser 5 agreed not to transfer the shares until six-month anniversary of the date of the Agreement 5.

 

Copies of the securities purchase agreements and the lock-op agreements are attached to this Current Report on Form 8-K as Exhibits 10.1, 10.2, 10.3, 10.4 and 10.5, and are incorporated herein by reference.

 

Item 3.02 Unregistered Sales of Equity Securities.

 

The disclosure required by this Item and included in Item 1.01 of this Current Report is incorporated herein by reference. The shares were sold without registration under the Securities Act of 1933, as amended (the “Securities Act”), in reliance on the exemptions provided by Section 4(a)(2) of the Securities Act and Regulations D and S promulgated thereunder as sales to accredited investors and in reliance on similar exemptions under applicable state laws.

 

 

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit Number Description
10.1 Securities Purchase Agreement, dated July 30, 2026
10.2 Securities Purchase Agreement, dated July 30, 2026
10.3 Securities Purchase Agreement, dated July 30, 2026
10.4 Securities Purchase Agreement, dated July 30, 2026
10.5 Securities Purchase Agreement, dated July 30, 2026
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  ZW DATA ACTION TECHNOLOGIES INC.
   
Dated: August 5, 2026  
     
  By: /s/ Handong Cheng
    Name: Handong Cheng
    Title: Chief Executive Officer and Acting Chief Financial Officer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Reference

Frequently asked questions

When did Zw Data Action Technologies Inc file this 8-K?
Zw Data Action Technologies Inc (CNET) filed this Current Report (Form 8-K) with the SEC on August 5, 2026. The accession number assigned by EDGAR is 0001171843-26-005242.
What does an 8-K disclose?
Form 8-K is the SEC's current-report form, used to disclose material events between periodic reports (10-K / 10-Q). Triggers include CEO/CFO departures, acquisitions, bankruptcies, earnings releases, auditor changes, changes in fiscal year, and amendments to corporate governance. Each 8-K is keyed to one or more Item numbers (1.01 through 9.01).
What is the key takeaway from this filing?
ZW Data Action Technologies completed five private placements at $1.45 per share for $1.45 million, with six-month lock-ups. This is Boardroom Alpha's one-line summary of the current report; see the full filing text above for the formal disclosure.
What Item codes does an 8-K cover?
An 8-K's Item codes (1.01 through 9.01) specify what kind of event is being disclosed — e.g. Item 1.01 for entering a material agreement, Item 5.02 for departure/election of directors and executive officers, Item 8.01 for other events. The Item codes for this 8-K appear in the filing text above.
Where can I find Zw Data Action Technologies Inc's prior current reports on EDGAR?
The SEC EDGAR browser lists every 8-K Zw Data Action Technologies Inc has filed under CIK 1376321, sortable by date. Use the "View on SEC EDGAR" link in the page header, or browse directly via https://www.sec.gov/cgi-bin/browse-edgar.
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