Cheetah Net enacts 1-for-150 reverse stock split

CTNT’s Class A common stock is expected to begin post-split trading September 28, 2026, under its existing symbol.

Rhea-AI Filing Summary

Cheetah Net Supply Chain Service Inc. (CTNT) effected a 1-for-150 reverse stock split at 8:00 a.m. Eastern Time on September 21, 2026. Every 150 outstanding shares were combined into one share, and fractional shares were rounded up to the nearest whole share at the participant level.

As of September 22, 2026, Class A shares outstanding were 199,805,935 on a pre-split basis, corresponding to approximately 1,332,040 shares post-split. Class B shares outstanding were 203,456 pre-split, corresponding to approximately 1,357 post-split. Class A shares are expected to begin trading on a post-split basis on September 28 under the existing symbol CTNT; the company also made proportionate adjustments to its 2024 Stock Incentive Plan.

8-K Event Classification

3 items: 3.03, 5.03, 9.01

3 items

Item 3.03 Material Modification to Rights of Security Holders Securities

A change was made that materially affects the rights of existing shareholders (e.g., dividend rights, voting rights).

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance

The company amended its charter documents, bylaws, or changed its fiscal year.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Reverse stock split ratio: 1-for-150 Class A shares outstanding, pre-split: 199,805,935 shares Class A shares, post-split: Approximately 1,332,040 shares +2 more

5 metrics

Reverse stock split ratio 1-for-150 Effective September 21, 2026

Class A shares outstanding, pre-split 199,805,935 shares As of September 22, 2026

Class A shares, post-split Approximately 1,332,040 shares After giving effect to the reverse stock split, subject to adjustment for fractional shares

Class B shares outstanding, pre-split 203,456 shares As of September 22, 2026

Class B shares, post-split Approximately 1,357 shares After giving effect to the reverse stock split, subject to adjustment for fractional shares

Key Terms

Reverse Stock Split, fractional shares, par value, post-split basis

4 terms

Reverse Stock Split technical

"approved a reverse stock split (the “Reverse Stock Split”)"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

fractional shares technical

"No fractional shares were issued in connection with the Reverse Stock Split"

Fractional shares are portions of a whole share of a stock or fund, allowing investors to own less than one full unit. They make it possible to invest a specific dollar amount rather than buy whole shares, like buying a slice of a pizza instead of the entire pie. For investors this lowers the cost barrier, helps with diversification, and lets you reinvest dividends or purchase expensive stocks in small, precise amounts.

par value financial

"The par value per share of the Common Stock remained unchanged"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

post-split basis market

"begin trading on a post-split basis"

FAQ

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

What reverse stock split did CTNT complete?

Cheetah Net Supply Chain Service Inc. effected a 1-for-150 reverse stock split at 8:00 a.m. Eastern Time on September 21, 2026. Every 150 outstanding shares were combined into one share.

When will CTNT stock begin trading on a post-split basis?

CTNT Class A common stock is expected to begin trading on a post-split basis at the market open on September 28, 2026, under the existing symbol CTNT on The Nasdaq Capital Market.

How many CTNT shares were outstanding after the reverse split?

As of September 22, 2026, the company reported approximately 1,332,040 Class A shares and approximately 1,357 Class B shares on a post-split basis, subject to adjustment for fractional shares.

How did CTNT handle fractional shares and stock awards?

No fractional shares were issued; fractional shares resulting from the split were rounded up to the nearest whole share at the participant level. The company also made proportionate adjustments to its 2024 Stock Incentive Plan, including the number of shares available for awards and exercise prices of outstanding awards.

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

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United States

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

September 21, 2026

Date of Report (Date of earliest event reported)

Cheetah Net Supply Chain Service Inc.

(Exact Name of Registrant as Specified in its Charter)

Delaware		001-41761		81-3509120
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

8707 Research Drive, Irvine, California		92618
(Address of Principal Executive Offices)		(Zip Code)

(949) 740-7799

Registrant’s telephone number, including area code

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Class A Common Stock		CTNT		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 3.03 — Material Modification to Rights of Security Holders

As previously disclosed in the Company’s Definitive Information Statement on Schedule 14C filed with the U.S. Securities and Exchange Commission on July 6, 2026, on June 16, 2026, the board of directors (the “Board”) of Cheetah Net Supply Chain Service Inc., a Delaware corporation (the “Company”), approved and adopted one or more potential amendments (the “Proposed Amendments”) to the Certificate of Incorporation of the Company (the “Certificate of Incorporation”) to effect one or more reverse stock splits of the Company’s issued and outstanding shares of common stock, par value $0.0001 per share (the “Common Stock”), consisting of Class A common stock, par value $0.0001 per share (“Class A Common Stock”), and Class B common stock, par value $0.0001 per share (“Class B Common Stock”), at such ratio or ratios as shall be determined by the Board in its sole discretion, provided that the aggregate ratio of all such reverse stock splits shall not exceed 1-for-2,000, to be effected within eighteen months following the approval of the Company’s stockholders. On the same day, holders of a majority of the voting power of the issued and outstanding capital stock of the Company approved and adopted the Proposed Amendments and the reverse stock splits by written consent in lieu of a meeting of stockholders.

Following the approval of the Company’s stockholders, on August 11, 2026, the Board approved a reverse stock split (the “Reverse Stock Split”) of the Common Stock at a ratio of 1-for-150 (the “Reverse Stock Split Ratio”). To implement the Reverse Stock Split, the Company filed a Certificate of Amendment to the Certificate of Incorporation with the Secretary of State of the State of Delaware on September 15, 2026. The Certificate of Amendment became effective at 8:00 a.m., Eastern Time, on September 21, 2026 (the “Effective Time”). At the Effective Time, every 150 shares of Common Stock outstanding were automatically combined into one new share of Common Stock. No fractional shares were issued in connection with the Reverse Stock Split; any fractional shares resulting from the Reverse Stock Split were rounded up to the nearest whole share at the participant level. The par value per share of the Common Stock remained unchanged. The Company’s Class A Common Stock is expected to begin trading on a post-split basis on The Nasdaq Capital Market at the market open on September 28, 2026, under the existing trading symbol “CTNT” and a new CUSIP number, 16307X400.

As of September 22, 2026, the Company had 199,805,935 shares of Class A Common Stock and 203,456 shares of Class B Common Stock issued and outstanding, in each case on a pre-split basis. After giving effect to the Reverse Stock Split and subject to adjustment for the treatment of fractional shares, such amounts correspond to approximately 1,332,040 shares of Class A Common Stock and approximately 1,357 shares of Class B Common Stock on a post-split basis. Additionally, at the Effective Time, proportionate adjustments were made to the Company’s Amended and Restated 2024 Stock Incentive Plan based on the Reverse Stock Split Ratio, including adjustments to the number of shares available for awards and the exercise price of outstanding awards.

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

The information set forth under Item 3.03 of this Current Report on Form 8-K is incorporated by reference into this Item 5.03.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number		Exhibit
3.1		Certificate of Amendment to the Certificate of Incorporation of the Company
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: September 23, 2026

	Cheetah Net Supply Chain Service Inc.
	By:	/s/ Huan Liu
		Huan Liu
		Chief Executive Officer, Director, and Chairman of the Board of Directors

Filing Exhibits & Attachments

4 documents

Other Documents

• EX-3.1 EXHIBIT 3.1 11.9 KB
• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.0 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 33.4 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 21.8 KB