Zeta Network Group Surges 226% After Reverse Split and SOLV Partnership

Introduction

ZETA NETWORK GROUP (ticker: ZNB) is a NASDAQ-listed company (CIK: 0001747661) that transitioned from its former identity as Color Star Technology Co., Ltd. The organization engages in cryptocurrency mining and Bitcoin-centric finance, reporting under SEC Form 6-K as a foreign issuer. As of October 7, 2025, its share price was listed at $5.42.

Corporate Structure and Governance

On August 22, 2025, the company changed its name to ZETA NETWORK GROUP and completed a 25-for-1 reverse stock split for both Class A and Class B shares. Following the reverse split, there are 585,000 Class A shares and 480 Class B shares outstanding. On September 24, 2025, Ms. Wei Zhang resigned as chairwoman of the board, and Ms. Chloe Zhou Parker was appointed to the position. Employee counts and detailed organizational charts have not been publicly disclosed.

Cryptocurrency mining by Mariia Shalabaieva

Recent Developments

• August 22, 2025: Name change to ZETA NETWORK GROUP became effective, along with the 25-for-1 reverse stock split.
• September 4, 2025: Entered a Payoff Letter Agreement converting outstanding convertible notes into Class A shares at a fixed price of $1.15 per share, extinguishing related debt.
• September 24, 2025: Ms. Wei Zhang resigned from the board, and Ms. Chloe Zhou Parker was named chairwoman.
• October 7, 2025: Announced a strategic partnership with the SOLV Foundation to explore Bitcoin-centric financial services, as reported in SEC Form 6-K.

Financial and Strategic Analysis

On October 7, 2025, ZETA NETWORK GROUP’s shares closed at $5.42, which represented a 226.51% increase relative to a prior period. The trading volume for the day was reported at 36,381,324 shares. The conversion of convertible notes into equity on September 4 is expected to streamline the company's debt obligations and improve cash flow by eliminating future interest payments. The partnership with the SOLV Foundation indicates a strategic alignment toward blockchain-based financial products, which may enlarge the company's market opportunities.

Market Position and Industry Context

ZETA NETWORK GROUP is involved in activities that leverage blockchain technology for mining and financial services. Its listing on NASDAQ necessitated compliance with a higher share price threshold, addressed by the August reverse split. The cryptocurrency mining sector is impacted by market volatility and regulatory considerations, and companies in this field often seek partnerships and engage in balance-sheet restructuring to address demand fluctuations and compliance challenges.

tl;dr

• Name change and 25-for-1 reverse split effective August 22, 2025
• September 4 conversion of convertible notes into Class A shares at $1.15 each
• Board leadership change on September 24, 2025, with a new chairwoman appointed
• October 7, 2025, announced strategic partnership with the SOLV Foundation for Bitcoin-centric finance
• Share price listed at $5.42 on October 7, 2025; equity restructuring and partnership are anticipated to support future growth in cryptocurrency finance.