Form SPDSCL - SEC Specialized Disclosure
August 24 2023 - 4:05PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM SPDSCL-HFCAA-GOV
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.) |
Room 1811,Xinghuo Keji Plaza, No. 2 Fufeng Road, Fengtai District,
Beijing, China 100070
(Address of principal executive offices and zip code)
+86 (10) 6084-6616
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Securities registered pursuant to Section 12(b) of the Act: None
Title of each class |
Trading Symbol |
Name of each exchange on which registered |
Common Stock, par value $0.001 per share |
CNET |
The Nasdaq Stock Market LLC |
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. ☐
Supplemental Submission Pursuant to Item 9C(a) of Form 10-K
ZW Data Action Technologies Inc. (the “Company”) is submitting to the U.S. Securities
and Exchange Commission (the “SEC”) the following information as required under Item 9C(a) of Form 10-K in relation to the
Holding Foreign Companies Accountable Act:
On May 13, 2022, the Company was conclusively identified by the SEC as a Commission-Identified
Issuer pursuant to the Holding Foreign Companies Accountable Act (the “HFCAA”) because the Company has filed an annual report
for the fiscal year ended December 31, 2021 containing an audit report issued by Centurion ZD CPA &Co. (“Centurion”).
Centurion is a Hong Kong-based public accounting firm previously deemed to be inaccessible for complete inspection by the PCAOB due to
an authority's position in the foreign jurisdiction. However, in August 2022, the PCAOB took a significant step toward inspecting and
investigating registered public accounting firms in mainland China and Hong Kong by signing a Statement of Protocol with the CSRC and
the Ministry of Finance of the People's Republic of China.
In December 2022, the PCAOB announced that it had obtained complete access to inspect
and investigate registered public accounting firms in mainland China and Hong Kong. It also confirmed that, until new determinations are
issued by the PCAOB, no Commission-Identified Issuers, including the Company, are at risk of trading prohibition under the HFCAA.
We have no awareness or belief that any governmental entity in the foreign jurisdiction
of incorporation or organization owns shares of our capital stock. Similarly, no official from the Chinese government or Hong Kong Special
Administrative Region serves as a board member or officer within our Company or its operating subsidiaries. Our amended articles of incorporation
do not contain any provisions known to include charter or charter provisions of the Chinese Communist Party. Based on the absence of a
Schedule 13D or 13G filing by any such governmental entity, the lack of material contracts with foreign governmental parties, and the
absence of foreign government representation on our Board, we have determined that no governmental entity in mainland China or Hong Kong
has the power to direct or control our management, policies, or possess a controlling financial interest.
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.
Date: August 24, 2023 |
By: /s/ Handong Cheng |
|
Name: Handong Cheng |
|
Title: Chief Executive Officer |
ZW Data Action Technolog... (NASDAQ:CNET)
Historical Stock Chart
From Mar 2024 to Apr 2024
ZW Data Action Technolog... (NASDAQ:CNET)
Historical Stock Chart
From Apr 2023 to Apr 2024