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ZW Data (NASDAQ: CNET) regains Nasdaq listing after bid-price warning

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

Rhea-AI Filing Summary

ZW Data Action Technologies Inc. (CNET) announced that Nasdaq has confirmed the company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share. This removes the prior deficiency related to the Nasdaq Minimum Bid Price Requirement.

Nasdaq determined that for 10 consecutive business days, from August 3, 2026 to August 14, 2026, the closing bid price of CNET’s common stock was at or above $1.00, closing the compliance matter that began after a notice on March 26, 2026.

Positive

  • Nasdaq compliance restored after 10 consecutive business days with a closing bid price at or above $1.00, closing the prior minimum bid price deficiency case.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Nasdaq minimum bid price $1.00 per share Required by Nasdaq Listing Rule 5550(a)(2) for continued listing
Compliance measurement period 10 consecutive business days Closing bid price at or above $1.00 from August 3–14, 2026
Non-compliance lookback period 30 consecutive business days Closing bid price below $1.00 leading to Nasdaq notice dated March 26, 2026
Press release date August 18, 2026 Date of company press release announcing regained Nasdaq compliance
Nasdaq rule Rule 5550(a)(2) Listing rule setting the $1.00 per share minimum bid price requirement
Nasdaq Minimum Bid Price Requirement market
"which requires listed securities to maintain a minimum bid price of $1.00 per share"
A Nasdaq minimum bid price requirement is a rule that a stock must trade above a set lowest share price (commonly $1) over a defined period to remain listed. It matters to investors because falling below that floor can trigger warnings, potential delisting, or corrective steps by the company — similar to failing to meet a grade that risks losing enrollment — which can reduce liquidity, access, and share value.
Listing Rule 5550(a)(2) regulatory
"indicating that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2)"
Listing Rule 5550(a)(2) is a Nasdaq listing standard that sets a minimum share-price requirement for securities to be listed or to remain listed on the Nasdaq Capital Market. It matters to investors because falling below that minimum can trigger delisting reviews or increased volatility, much like a safety bar on a ride — if a stock can’t meet the height requirement, it risks being removed from the exchange, which can reduce liquidity and access for buyers and sellers.
forward-looking statements regulatory
"This press release includes forward-looking statements within the meaning of Section 27A"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
blockchain enabled web/mobile applications technical
"The Company also develops blockchain enabled web/mobile applications and software solutions"

FAQ

What did ZW Data Action Technologies Inc. (CNET) announce regarding its Nasdaq listing?
ZW Data Action Technologies Inc. announced it has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum $1.00 bid price per share. Nasdaq has closed the prior minimum bid price deficiency matter.

How did CNET regain compliance with the Nasdaq minimum bid price requirement?
CNET regained compliance after Nasdaq determined that its common stock maintained a closing bid price of at least $1.00 for 10 consecutive business days, from August 3, 2026 to August 14, 2026.

When was CNET originally notified it was out of compliance with Nasdaq’s bid price rule?
On March 26, 2026, ZW Data Action Technologies Inc. received a Nasdaq letter stating it was not in compliance because its closing bid price had been below $1.00 for the last 30 consecutive business days.

What specific Nasdaq rule now applies to CNET after regaining compliance?
CNET is now in compliance with Nasdaq Listing Rule 5550(a)(2), often referred to as the Nasdaq Minimum Bid Price Requirement, which requires listed securities to maintain a minimum bid price of $1.00 per share.

Did ZW Data Action Technologies Inc. issue a press release about regaining Nasdaq compliance?
Yes. The company issued a press release dated August 18, 2026 announcing that Nasdaq had confirmed CNET’s regained compliance with the minimum bid price requirement; this release is furnished as Exhibit 99.1.

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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):  August 17, 2026

_______________________________

ZW Data Action Technologies Inc.

(Exact name of registrant as specified in its charter)

_______________________________

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

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

Hong Kong Special Administrative Region of the People's Republic of CN 

(Address of Principal Executive Offices)

+852-2669-8078

(Registrant's telephone number, including area code)

 

(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:

☐ 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))

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

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. ☐

 
 
Item 8.01. Other Events.

 

On August 17, 2026, ZW Data Action Technologies Inc. (the “Company”) received a formal notification from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share (the “Nasdaq Minimum Bid Price Requirement”).

 

As previously disclosed on March 26, 2026, the Company received a letter from Nasdaq dated March 26, 2026, notifying the Company that it was not in compliance with the Nasdaq Minimum Bid Price Requirement, because the closing bid price of the Company’s common stock was below $1 per share for the last 30 consecutive business days.

 

Nasdaq has now determined that, for the last 10 consecutive business days, from August 3, 2026 to August 14, 2026, the closing bid price of the Company’s common stock was at or above $1.00 per share, and accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and the prior minimum bid price deficiency matter is now closed.

 

The Company issued a press release on this development on August 18 2026, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference. 

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit Number   Description
     
99.1   Press Release dated August 18, 2026
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.

  ZW Data Action Technologies Inc.
     
   
Date: August 18, 2026 By:  /s/ Handong Cheng        
    Handong Cheng
    Chief Executive Officer and Acting Chief Financial Officer
   

 

EXHIBIT 99.1

ZW Data Action Technologies Inc. Announces It Has Regained Compliance with Nasdaq Minimum Bid Price Requirement

HONG KONG, Aug. 18, 2026 (GLOBE NEWSWIRE) -- ZW Data Action Technologies Inc. (the “Company”) (Nasdaq:CNET), an integrated online advertising, precision marketing, data analytics and other value-added services provider serving enterprise clients, today announced that it received a formal notification from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”), dated August 17, 2026, indicating that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share (the “Nasdaq Minimum Bid Price Requirement”).

On March 26, 2026, the Company received a letter from Nasdaq dated March 26, 2026, notifying the Company that it was not in compliance with the Nasdaq Minimum Bid Price Requirement, because the closing bid price of the Company’s common stock was below $1 per share for the last 30 consecutive business days.

Nasdaq has now determined that, for the last 10 consecutive business days, from August 3, 2026 to August 14, 2026, the closing bid price of the Company’s common stock was at or above $1.00 per share, and accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and the prior minimum bid price deficiency matter is now closed.

About ZW Data Action Technologies Inc.

Established in 2003 and headquartered in Hong Kong, China, ZW Data Action Technologies Inc. (the “Company”) offers online advertising, precision marketing, data analytics and other value-added services for enterprise clients. Leveraging its fully integrated services platform, proprietary database, and cutting-edge algorithms, the Company delivers customized, result-driven business solutions for small and medium-sized enterprise clients in China. The Company also develops blockchain enabled web/mobile applications and software solutions for clients. More information about the Company can be found at: https://investor.chinanet-online.com.

Cautionary Note Regarding Forward-Looking Statements

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should” “would,” “plan,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this communication and on the current expectations of The Company’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of the Company. Some important factors that could cause actual results to differ materially from those in any forward-looking statements could include changes in domestic and foreign business, market, financial, political and legal conditions.

If any of these risks materialize or the Company’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that the Company does not presently know, or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect the Company’s current expectations, plans and forecasts of future events and views as of the date hereof. Nothing in this communication should be regarded as a representation by any person that the forward- looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements in this communication, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein and the risk factors of the Company described in the Company’s Form 10-K filed with the SEC on March 31, 2026, including those under “Risk Factors” therein. The Company anticipates that subsequent events and developments will cause its assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Contacts

ZW Data Action Technologies Inc.
Maggie Wan
Email: wanmeng@chinanet-online.com
Phone: +86 135 22831530

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

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