# EDGAR Filing Document

**Accession Number:** 0001376321
**File Stem:** 0001171843-25-005742
**Filing Date:** 2025-9
**Character Count:** 10824
**Document Hash:** 0faca995a327206d50497e1f173c9b17
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001171843-25-005742.hdr.sgml**: 20250904

**ACCESSION NUMBER**: 0001171843-25-005742

**CONFORMED SUBMISSION TYPE**: 8-K/A

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20250508

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Unregistered Sales of Equity Securities

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250904

**DATE AS OF CHANGE**: 20250904

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ZW Data Action Technologies Inc.
- **CENTRAL INDEX KEY:** 0001376321
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 204672080
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-34647
- **FILM NUMBER:** 251293404

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** NO.3 MIN ZHUANG ROAD, BUILDING 6,
- **STREET 2:** YU QUAN HUI GU TUSPARK,
- **CITY:** HAIDIAN DISTRICT, BEIJING,
- **PROVINCE COUNTRY:** F4
- **BUSINESS PHONE:** 888-419-9455

**MAIL ADDRESS:**
- **STREET 1:** 101-C N. GREENVILLE AVENUE
- **STREET 2:** SUITE 255
- **CITY:** ALLEN
- **STATE:** TX
- **ZIP:** 75002

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ChinaNet Online Holdings, Inc.
- **DATE OF NAME CHANGE:** 20090724

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EMAZING INTERACTIVE, INC.
- **DATE OF NAME CHANGE:** 20060922

?xml version='1.0' encoding='ASCII'?

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549**

**______________**

**FORM 8-K/A**

(Amendment No.1)

**CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

Date of Report (Date of earliest event reported): May 13, 2025 (May 8, 2025)

ZW Data Action Technologies Inc.

(Exact Name of Registrant as Specified in Charter)

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

<u>Room 1811, Xinghuo Keji Plaza, No. 2 Fufeng Road, Fengtai District, Beijing, CN 100070</u> <br> (Address of Principal Executive Offices and Zip Code)

Registrant's telephone number, including area code:

+86-10-60846616

(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:

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

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**Explanatory Note**

On May 14, 2025, ZW Data Action Technologies Inc (the "Company") filed a Current Report on Form 8-K (the "Original Report") with the U.S. Securities and Exchange Commission, which included, among other disclosures, information regarding certain agreements entered into by the Company. The Company is filing this Amendment No. 1 on Form 8-K/A (the "Amendment") solely to correct inaccuracies regarding the number of shares and the consideration amount disclosed in connection with the transaction contemplated under Agreement 3 (as defined below). No other changes have been made to the Original report; however, this Amendment hereby restates and supersedes in its entirety the disclosures included in the Original Report.

**Item 1.01 Entry into a Material Definitive Agreement.**

On May 8, 2025, ZW Data Action Technologies Inc. (the "Company") entered into a Securities Purchase Agreement (the **"Agreement 1**") with Golden Harvest Trust Limited (Business Registration Number: 75554628) in its capacity as trustee of InfiniteReach Investment Group Limited Trust (the "**Purchaser 1**"), pursuant to which the Purchaser 1 agreed to purchase 119,100 shares of common stock of the Company, par value $0.001 per share for an aggregate purchase price of US$250,110, representing a purchase price of US$2.1 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 May 8, 2025, the Company entered into a Securities Purchase Agreement (the "**Agreement 2**") with BlackSilver Trust (Hong Kong) Limited (Business Registration Number: 74239285) in its capacity as trustee of the VividHorizon Trust (the "**Purchaser 2**"), pursuant to which the Purchaser 2 agreed to purchase 119,100 shares of common stock of the Company, par value $0.001 per share for an aggregate purchase price of US$250,110, representing a purchase price of US$2.1 per share. 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 May 13, 2025, the Company entered into a Securities Purchase Agreement (the "**Agreement 3**") with Chaucer Investment & Consulting Limited, a Hong Kong business company (Business Registration Number: 50180682) (the "**Purchaser 3**"), pursuant to which the Purchaser 3 agreed to purchase 132,400 shares of common stock of the Company, par value $0.001 per share for an aggregate purchase price of US$278,040, representing a purchase price of US$2.1 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.

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, 10.5 and 10.6, 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**

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| | |
|:---|:---|
| Exhibit Number | Description |
| [10.1](http://www.sec.gov/Archives/edgar/data/1376321/000117184325003179/exh_101.htm) | [Securities Purchase Agreement, dated May 8, 2025 (incorporated by reference to the Exhibit 10.1 of the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 14, 2025).](http://www.sec.gov/Archives/edgar/data/1376321/000117184325003179/exh_101.htm) |
| [10.2](http://www.sec.gov/Archives/edgar/data/1376321/000117184325003179/exh_102.htm) | [Lock-Up Agreement, dated May 8, 2025 (incorporated by reference to the Exhibit 10.2 of the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 14, 2025).](http://www.sec.gov/Archives/edgar/data/1376321/000117184325003179/exh_102.htm) |
| [10.3](http://www.sec.gov/Archives/edgar/data/1376321/000117184325003179/exh_103.htm) | [Securities Purchase Agreement, dated May 8, 2025 (incorporated by reference to the Exhibit 10.3 of the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 14, 2025).](http://www.sec.gov/Archives/edgar/data/1376321/000117184325003179/exh_103.htm) |
| [10.4](http://www.sec.gov/Archives/edgar/data/1376321/000117184325003179/exh_104.htm) | [Lock-up Agreement, dated May 8, 2025 (incorporated by reference to the Exhibit 10.4 of the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 14, 2025).](http://www.sec.gov/Archives/edgar/data/1376321/000117184325003179/exh_104.htm) |
| [10.5](http://www.sec.gov/Archives/edgar/data/1376321/000117184325003179/exh_105.htm) | [Securities Purchase Agreement, dated May 13, 2025 (incorporated by reference to the Exhibit 10.5 of the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 14, 2025).](http://www.sec.gov/Archives/edgar/data/1376321/000117184325003179/exh_105.htm) |
| [10.6](http://www.sec.gov/Archives/edgar/data/1376321/000117184325003179/exh_106.htm) | [Lock-Up Agreement, dated May 13, 2025 (incorporated by reference to the Exhibit 10.6 of the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 14, 2025).](http://www.sec.gov/Archives/edgar/data/1376321/000117184325003179/exh_106.htm) |

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**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.

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| | | |
|:---|:---|:---|
|  | **ZW DATA ACTION TECHNOLOGIES INC.** | **ZW DATA ACTION TECHNOLOGIES INC.** |
| Dated: September 4, 2025 |  |  |
|  | By: | /s/ Handong Cheng |
|  |  | Name: Handong Cheng |
|  |  | Title: Chief Executive Officer and Acting Chief Financial Officer |

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