Cheetah Net Supply Chain Service Inc. enters Agreement to Acquire Super International Trading Limited
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
News Market Reaction – CTNT
In the Apr 16 session, CTNT declined 5.80%, reflecting a notable negative market reaction. Argus tracked a peak move of +136.0% during that session. Argus tracked a trough of -60.8% from its starting point during tracking. Our momentum scanner triggered 84 alerts that day, indicating high trading interest and price volatility. Trading volume was exceptionally heavy at 110.9x the daily average, suggesting significant selling pressure.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Previous Acquisition Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Dec 02 | Acquisition agreement | Positive | +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.
Prior acquisition news for CTNT coincided with a very large positive price reaction.
Over the past year, Cheetah Net has used acquisitions to reshape its business model. A December 2024 deal to buy TW & EW Services for $1 million in cash and stock aimed to deepen logistics capabilities. Subsequent 2025 financial reports showed rapid logistics revenue growth but continued losses and low cash balances. Today’s planned purchase of Super International continues that acquisition-driven expansion in adjacent logistics and industrial equipment trading segments.
Key Terms
limited liability company regulatory
wholly owned subsidiary financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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
The Agreement includes post-closing performance provisions, pursuant to which the Transferor has committed to Super International achieving a minimum of
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
