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ZW Data Action Technologies prices $18.7M registered direct offering

  • ZW Data Action Technologies (CNET -3.8%) entered into a securities purchase agreement with several institutional investors for a registered direct placement of ~$18.7M shares at $3.59/share.
  • The company will issue 5.2M shares.
  • It also completed a concurrent private placement of warrants

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ZW Data Action Technologies Inc.