(MENAFN - GlobeNewsWire - Nasdaq) BEIJING, Feb. 19, 2021 (GLOBE NEWSWIRE) ZW Data Action Technologies Inc. (NASDAQ:CNET ) ( ZW Data or the Company ), an integrated online advertising, precision marketing and data analytics and other value-added services company, today announced the closing on February 18, 2021 of its previously announced registered direct offering of 5,212,000 shares of common stock at a per share price of $3.59 and the concurrent private placement to the same investors of warrants to purchase up to 2,606,000 shares of common stock at an exercise price of $3.59 per share. The warrants have a term of three and one-half years and were issued pursuant to an exemption from registration under the Securities Act of 1933, as amended.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
CORRECTION - ZW Data Action Technologies Inc. Announces Pricing of $18.7 Million Registered .
ZW Data Action Technologies Inc.February 16, 2021 GMT
BEIJING, Feb. 16, 2021 (GLOBE NEWSWIRE) This press release corrects a prior version that was issued by ZW Data Action Technologies Inc. on February 16, 2021 to correct an error regarding the timing for exercise of certain warrants. The corrected release follows:
ZW Data Action Technologies Inc.(NASDAQ:CNET) (“ZW Data” or the “Company”), an integrated online advertising, precision marketing and data analytics and other value-added services company, today announced that it has entered into a securities purchase agreement with several institutional investors for a registered direct placement of approximately $18.7 million of shares of common stock of the Company at a price of $3.59 per share. The price was set at market price in acco
The surge comes in tandem with the cryptocurrency market overnight, with
Bitcoin (BTC) hitting a new all-time high of $51,335.23.
ZW Data Action Technologies Inc (NASDAQ:CNET) shares are trading 60.23% higher at $5.56 at press time. The Beijing-based company announced a partnership with BitSpace to build a joint blockchain mining platform earlier this month.
Airnet Technology Inc (NASDAQ:ANTE) shares are trading nearly 56% higher at $7.72 In January, the Chinese digital media services provider announced giving Unistar Group Holdings Ltd a 19% stake in exchange for the delivery of 500 computer servers designed especially to mine cryptocurrencies.
Sos Ltd. (NYSE:SOS), another China-based company that has posted stellar gains this year as a cryptocurrency play, continues to extend gains, up 30% in the pre-market session at $15.40.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
ZW Data Action Technologies Invests in SaaS Software Operator Weiyouxin Technology
ZW Data Action Technologies Inc.January 21, 2021 GMT
BEIJING, Jan. 21, 2021 (GLOBE NEWSWIRE) ZW Data Action Technologies, Inc. (Nasdaq: CNET) (“ZW Data” or the “Company”), an integrated online advertising, precision marketing, data analytics, and other value-added services company, today announced investment in private domain SaaS software operation service provider Weiyouxin Technology (“Weiyouxin”). More information can be found on the website: http://www.gd-weiyouxin.com/.
ZW Data and Weiyouxin strive to provide WeChat-based social CRM operating tools to empower large brand name merchants to build digital marketing platforms. As the pandemic continues to impact business operations and hit offline stores, digital marketing platforms provide solutions to corporations by attracting WeChat p
ZW Data Action Technologies Entering into Partnership to Redefine and Increase the Traffic Value of the Enterprise WeChat for Better ROI marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.