Cheetah Net Supply Chain Service Inc. enters Agreement to Acquire Super International Trading Limited

Cheetah Net Supply Chain Service (Nasdaq: CTNT) entered a Share Transfer Agreement to acquire 100% of Super International Trading Limited for approximately $4.98 million in cash.

Rhea-AI Summary

Cheetah Net Supply Chain Service (Nasdaq: CTNT) entered a Share Transfer Agreement to acquire 100% of Super International Trading Limited for approximately $4.98 million in cash.

Closing is expected within three months, subject to customary conditions. The seller agreed to a post-closing performance covenant requiring Super International to deliver at least $10 million in annual revenue for three years, with cash compensation for any shortfall; the company will pay additional consideration for revenue above that threshold over five years.

Positive

• Acquisition price approximately $4.98 million
• 100% ownership—Super International becomes a wholly owned subsidiary
• Revenue earn‑out obligation aligns seller incentives to reach $10M annual
• Cross‑border expansion enhances trading and supply chain capabilities
• Strategic synergies with existing logistics and cross‑border infrastructure

Negative

• Cash outflow of ~$4.98 million at closing
• Contingent payments potential additional cash obligations for revenue excess
• Performance dependency on seller to achieve $10M annual revenue target

Argus Apr 16 session

-5.80% close to close Open Argus

Details

News Market Reaction – CTNT

On Apr 16, the day this news came out, CTNT closed 5.80% below the previous close.

Data tracked by StockTitan Argus for the Apr 16 session.

Market Context

On Apr 16, the day this news came out, the stock closed 5.8% below the previous close. A negative re...

Analysis

On Apr 16, the day this news came out, the stock closed 5.8% below the previous close. A negative reaction despite expansion news would contrast with CTNT’s earlier acquisition, which saw a +161.5% move. The Super International deal involves a $4.98 million cash outlay and a $10 million annual revenue target backed by shortfall compensation. Market concerns could center on execution risk, funding needs, and the company’s historical operating losses despite prior M&A efforts.

Key Figures

Acquisition purchase price: $4.98 million Equity acquired: 100% equity interests Revenue commitment: $10 million annually +2 more

Acquisition purchase price

$4.98 million

Cash consideration for Super International acquisition

Equity acquired

100% equity interests

Super International Trading Limited

Revenue commitment

$10 million annually

Minimum revenue for each of 3 years post-closing

Revenue guarantee term

3 years

Period with cash compensation for revenue shortfall

Earn-out period

5 years

Additional consideration for revenue exceeding $10M threshold

Previous Acquisition Reports

1 past event · Latest: Dec 02

Same Type 1 event

1. Dec 02

   Acquisition agreement

   24h Move

   +161.5%

   Signed definitive deal to acquire TW & EW Services for mixed cash/stock.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

share transfer agreement, limited liability company, wholly owned subsidiary

3 terms

share transfer agreement financial

"announced that it has entered into a Share Transfer Agreement (the “Agreement”)"

A share transfer agreement is a legal contract that records the sale or assignment of ownership in a company’s shares from one party to another, spelling out how many shares, the price, any conditions, and steps needed to complete the transfer. It matters to investors because it legally changes who owns and controls the shares, can affect voting rights, company value and liquidity, and sets protections or obligations that influence investment risk and future returns.

limited liability company regulatory

"Super International Trading Limited (“Super International”), a limited liability company incorporated"

A limited liability company (LLC) is a business structure that separates the owners’ personal assets from the company’s debts and legal obligations, like a protective shield that keeps personal savings and property distinct from business risk. For investors, that protection reduces personal financial exposure and often brings flexible rules for profit sharing and taxes, but it can also affect how easily interests are bought or sold and how decisions are made.

wholly owned subsidiary financial

"Following the completion of the Acquisition, Super International will become a wholly owned subsidiary"

A wholly owned subsidiary is a company whose entire ownership is held by another company (the parent), so the parent controls decisions, operations, and finances. Think of it as a fully controlled branch that runs as its own legal entity but whose results flow straight into the parent’s financial statements; investors watch these structures because they affect consolidated revenue, risk exposure, and how profits, liabilities, and cash flow are allocated across the corporate group.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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IRVINE, Calif., April 16, 2026 (GLOBE NEWSWIRE) -- Cheetah Net Supply Chain Service Inc. (“Cheetah” or the “Company”) (Nasdaq CM: CTNT) today announced that it has entered into a Share Transfer Agreement (the “Agreement”) to acquire 100% of the equity interests of Super International Trading Limited (“Super International”), a limited liability company incorporated under the laws of Hong Kong, primarily engaged in the trading of large-scale industrial equipment, from a non-U.S. individual (the “Transferor”) (the “Acquisition”).

The Company believes that Super International has an established presence in the industrial equipment trading sector, supported by supplier relationships and a diversified customer base, which may provide a solid foundation for continued growth and operational scalability.

The aggregate purchase price for the Acquisition is approximately $4.98 million, which will be paid in cash. The closing of the Acquisition is expected to occur within three months of the execution of the Agreement, subject to customary closing conditions.

The Agreement includes post-closing performance provisions, pursuant to which the Transferor has committed to Super International achieving a minimum of $10 million in annual revenue for the three years following closing of the Acquisition and has agreed to compensate the Company in cash for any shortfall thereof. The Company has agreed to provide additional cash or equivalent consideration to the Transferor for annual revenue exceeding the $10 million threshold over a five-year period following the closing of the Acquisition.

Following the completion of the Acquisition, Super International will become a wholly owned subsidiary of the Company. The Company believes that the Acquisition will enhance its cross-border trading capabilities, expand its supply chain service offerings, and strengthen its ability to serve customers engaged in international commerce. The Acquisition is also expected to create strategic synergies with the Company’s existing logistics and cross-border trade infrastructure, further reinforcing its position as an integrated supply chain service provider.

Forward-Looking Statements
This press release contains certain forward-looking statements, including statements that are predictive in nature. Forward-looking statements are based on the Company’s current expectations and assumptions. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. These statements may be identified by the use of forward-looking expressions, including, but not limited to, “anticipate,” “believe,” “continue,” “estimate,” “expect,” “future,” “intend,” “may,” “outlook,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company’s filings with the U.S. Securities and Exchange Commission, including under the caption “Risk Factors.”

For more information, please contact:
Cheetah Net Supply Chain Service Inc.
Investor Relations 
ir@cheetah-net.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did CTNT announce on April 16, 2026 about an acquisition?

CTNT announced it will acquire 100% of Super International for about $4.98 million. According to the company, closing is expected within three months, subject to customary closing conditions and post‑closing performance provisions tied to revenue targets.

How will CTNT pay for the Super International acquisition (CTNT)?

CTNT will pay approximately $4.98 million in cash for the acquisition. According to the company, additional cash or equivalent consideration may be paid later tied to revenue exceeding the $10 million threshold over five years.

What are the post‑closing revenue conditions in CTNT’s acquisition of Super International?

The seller committed Super International to achieve at least $10 million annual revenue for three years post‑closing. According to the company, the seller will compensate for any shortfall and CTNT will pay additional consideration for revenue above the threshold.

When will CTNT’s acquisition of Super International close and become a subsidiary?

The acquisition is expected to close within three months of the Agreement execution, subject to customary conditions. According to the company, upon closing Super International will become a wholly owned subsidiary of CTNT.

What strategic benefits did CTNT cite for acquiring Super International (CTNT)?

CTNT said the acquisition enhances cross‑border trading, expands supply chain service offerings, and creates synergies with existing logistics infrastructure. According to the company, these factors aim to strengthen its integrated supply chain service position.