Cheetah Net Supply Chain Service Inc. SEC Filings

Cheetah Net Supply Chain Service Inc. (CTNT) furnished a current report stating it issued a press release on November 7, 2025 to announce its financial results for the quarter ended September 30, 2025. The press release was provided as Exhibit 99.1.

The company’s Class A Common Stock trades on The Nasdaq Stock Market under the symbol CTNT.

Cheetah Net Supply Chain Service Inc. filed its Q3 2025 10‑Q, highlighting a business shift to logistics and warehousing and continued operating losses. Revenue from continuing operations was $361,935, up sharply from $61,208 a year ago, with gross profit of $44,178. Operating expenses rose to $1,608,657, including a $731,307 impairment, leading to a loss from operations of $1,564,479. Net loss was $1,314,650 for the quarter and $2,581,087 year‑to‑date. Interest income totaled $244,776 in the quarter, largely from short‑term loans.

Cash and cash equivalents were $153,692 at quarter‑end, with total assets of $12,796,302 and stockholders’ equity of $10,139,301. Year‑to‑date cash provided by operating activities was $733,783, driven by $2,540,501 inflows from discontinued operations, offset by cash used in continuing operations. Management reported a working capital balance of $8.5 million and concluded there is no substantial doubt about going concern.

The Company discontinued its parallel‑import vehicle business on March 3, 2025 and now reports a single segment. As of November 6, 2025, shares outstanding were 2,727,712 Class A and 546,875 Class B.

Cheetah Net Supply Chain Service (CTNT) reported an insider equity award. On 10/15/2025, CEO and Director Huan Liu acquired 144,000 restricted stock units (RSUs) of Class B common stock, recorded at $0 per unit. The filing notes each RSU represents one share and that the grant under the Amended and Restated 2024 Stock Incentive Plan vested upon grant.

Following the transaction, Liu directly holds 175,250 shares. In addition, the filing lists an indirect holding of 515,625 shares through Fairview Eastern International Holdings Limited, which is 100% owned by Liu. The filing identifies Liu as Chief Executive Officer, Director, Chairman, and a 10% Owner.

Cheetah Net Supply Chain Service Inc. (CTNT) is asking shareholders to elect five directors, ratify Assentsure PAC as auditor for the year ending 2025, approve a reverse stock split authorizing the board to choose a ratio between one-for-five and one-for-twenty, and to approve potential issuance of more than 20% of outstanding common stock on conversion of certain convertible notes at prices below Nasdaq’s minimum rule if required by note terms. The virtual annual meeting is scheduled for November 7, 2025 at 7:00 p.m. ET with a record date of September 29, 2025. Governance disclosures show 100% committee independence, a clawback policy, one financial expert, and related-party lease payments to an entity 100% owned by the CEO with monthly base rent of $42,000 to $45,000.

Cheetah Net Supply Chain Service Inc. is soliciting proxies for its virtual annual meeting on November 7, 2025 at 7:00 p.m. ET for stockholders of record as of September 29, 2025. The Board asks holders to vote "FOR" five director nominees and to ratify Assentsure PAC as auditor. Two significant corporate actions are on the ballot: a reverse stock split authorization allowing the Board discretion to combine shares at any whole ratio between 1-for-5 and 1-for-20, and approval to permit conversion-related issuance that could exceed 20% of outstanding common stock at conversion prices below Nasdaq's minimum-price rule if required by note terms. The proxy explains voting mechanics, class voting weights (Class A one vote; Class B fifteen votes), use of "notice and access" for proxy materials, and that results will be reported on Form 8-K within four business days.