ZW Data Action Technologies Faces Nasdaq Compliance Challenge
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ZW Data Action Technologies Faces Nasdaq Compliance Challenge

The latest update is out from ZW Data Action Technologies (CNET).

ZW Data Action Technologies Inc. has been notified by Nasdaq of non-compliance due to a delayed filing of its annual report, risking its stock’s listing. The company has until June 17, 2024, to file the report or present a compliance plan, potentially extending the deadline to October 14, 2024. They aim to file by May 31, 2024, and have issued a press release regarding this notice. While the company works to meet requirements, there’s no certainty in regaining compliance or avoiding delisting.

For a thorough assessment of CNET stock, go to TipRanks’ Stock Analysis page.

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