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  4. [8-K] ZW Data Action Technologies Inc. Reports Material Event

ZW Data Action Technologies (NASDAQ: CNET) OKs share increase, equity plan and auditor

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

ZW Data Action Technologies Inc. held its annual meeting of stockholders on July 22, 2026, where stockholders elected all nominated directors, ratified the independent accountants, approved a 2026 omnibus equity incentive plan, and approved an increase in the number of authorized shares of stock.

Ratification of ARK Pro CPA & Co. as independent accountants for fiscal 2026 received 2,492,296 votes for, 56,386 against, and 197 abstentions. Approval of the 2026 Omnibus Equity Incentive Plan received 2,232,467 votes for, with 29,012 against and 632 abstentions, plus 286,768 broker non-votes.

Positive

  • None.

Negative

  • None.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Votes for auditor ratification 2,492,296 Votes for ARK Pro CPA & Co. as independent accountants for fiscal 2026
Votes against auditor ratification 56,386 Votes against ARK Pro CPA & Co. as independent accountants for fiscal 2026
Votes for 2026 Omnibus Equity Incentive Plan 2,232,467 For votes on the 2026 Omnibus Equity Incentive Plan
Votes for increase in authorized shares 2,399,792 For votes on the increase in number of authorized shares of stock
Votes for director Handong Cheng 2,238,390 For votes in the election of director Handong Cheng
Broker Non-Votes financial
"For | | Withheld | | Broker Non-Votes Handong Cheng"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
2026 Omnibus Equity Incentive Plan financial
"Ratification of the Company’s 2026 Omnibus Equity Incentive Plan."
authorized shares of stock financial
"APPROVAL OF THE INCREASE IN NUMBER OF AUTHORIZED SHARES OF STOCK."
independent accountants financial
"ratified the appointment of ARK Pro CPA & Co. as the Company’s independent accountants"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did ZW Data Action Technologies (CNET) stockholders approve at the 2026 annual meeting?
Stockholders approved the election of all director nominees, ratified ARK Pro CPA & Co. as independent accountants for fiscal 2026, approved the 2026 Omnibus Equity Incentive Plan, and approved an increase in the number of authorized shares of stock.

How many votes supported ZW Data (CNET) ratifying ARK Pro CPA & Co. as auditor?
Ratification of ARK Pro CPA & Co. as independent accountants for fiscal 2026 received 2,492,296 votes for, 56,386 against, and 197 abstentions, with no broker non-votes reported for this proposal.

What were the voting results on ZW Data (CNET) 2026 Omnibus Equity Incentive Plan?
The 2026 Omnibus Equity Incentive Plan was approved with 2,232,467 votes for, 29,012 against, and 632 abstentions, along with 286,768 broker non-votes recorded on this plan proposal.

Did ZW Data (CNET) stockholders approve an increase in authorized shares?
Yes. Stockholders approved an increase in the number of authorized shares of stock with 2,399,792 votes for, 117,133 against, and 31,954 abstentions, and no broker non-votes reported for this proposal.

When was the ZW Data (CNET) 2026 annual stockholder meeting held?
The annual meeting of stockholders was held on July 22, 2026. At that meeting, stockholders voted on the election of directors, ratification of the independent accountants, approval of a 2026 equity incentive plan, and an authorized share increase.

How did ZW Data (CNET) director nominees fare in the 2026 vote?
All listed director nominees, including Handong Cheng and George Kai Chu, were elected. For example, Handong Cheng received 2,238,390 votes for, 23,721 withheld, and 286,768 broker non-votes in the director election.
false 0001376321 0001376321 2026-07-22 2026-07-22 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

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 22, 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 5.07. Submission of Matters to a Vote of Security Holders.

 

The Company held its Annual Meeting of stockholders on July 22, 2026. The voting results are as follows:

 

1. Election of Directors.

 

All of the following seven nominees were elected to the Company’s Board of Directors to serve until the next annual meeting and their successors have been elected and qualified, in accordance with the voting results listed below.

 

    For   Withheld  

Broker

Non-Votes

Handong Cheng   2,238,390   23,721   286,768
George Kai Chu   2,238,517   23,594   286,768
Zhiqing Chen   2,238,140   23,971   286,768
Chang Qiu   2,238,517   23,594   286,768
Fernando Chen I-Ting   2,238,142   23,969   286,768

 

2. Ratification of the Company’s Independent Accountants.

 

The Company’s stockholders ratified the appointment of ARK Pro CPA & Co. as the Company’s independent accountants for fiscal 2026, in accordance with the voting results listed below.

 

For   Against   Abstain  

Broker

Non-Votes

2,492,296   56,386   197   -

 

3. Ratification of the Company’s 2026 Omnibus Equity Incentive Plan.

 

For   Against   Abstain   Broker
Non-Votes
2,232,467   29,012   632   286,768

 

4. APPROVAL OF THE INCREASE IN NUMBER OF AUTHORIZED SHARES OF STOCK.

 

For   Against   Abstain   Broker
Non-Votes
2,399,792   117,133   31,954   -

 

 

104       Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

SIGNATURE

 

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.

 

Dated: July 22, 2026 ZW Data Action Technologies, Inc.
   
   
  By: /s/ Handong Cheng
  Name: Handong Cheng
  Title: Chief Executive Officer

 

Source: View Original Filing on SEC EDGAR

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