Cheetah Net completes 1-for-150 reverse stock split

Q: What reverse stock split did CTNT complete?

CTNT effected a 1-for-150 reverse stock split of its Class A and Class B common stock, which became market effective on September 28, 2026.

Q: How many shares had CTNT sold under its ATM offering?

CTNT reported that approximately 196,850,000 Class A shares had been sold under the ATM Offering as of September 25, 2026, without giving effect to the reverse stock split.

Cheetah Net Supply Chain Service Inc. (CTNT) effected a 1-for-150 reverse stock split of its Class A and Class B common stock, which became market effective on September 28, 2026.

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Filing Sentiment

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Form Type

8-K

Rhea-AI Filing Summary

Cheetah Net Supply Chain Service Inc. (CTNT) effected a 1-for-150 reverse stock split of its Class A and Class B common stock, which became market effective on September 28, 2026. After adjustment for fractional shares, approximately 1,332,087 Class A shares and approximately 1,358 Class B shares were issued and outstanding as of September 30, 2026.

Under the ATM Offering, approximately 196,850,000 Class A shares had been sold as of September 25, 2026, without giving effect to the reverse stock split.

Filing Explained

The agreement sets an offering-price ceiling of $35,280,213.01, not a fixed amount of sales.

The filing reports that the ATM had sold shares by September 25, 2026, and permits sales of Class A shares over time up to an aggregate offering price of $35,280,213.01; shares issued through it increase total share count and reduce existing holders’ percentage ownership.

An at-the-market program lets the issuer sell new shares gradually into the open market at prevailing prices, rather than through one priced deal.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

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 issued and outstanding: Approximately 1,332,087 shares Class B shares issued and outstanding: Approximately 1,358 shares +2 more

5 metrics

Reverse stock split ratio 1-for-150 Class A and Class B common stock; market effective September 28, 2026

Class A shares issued and outstanding Approximately 1,332,087 shares After the reverse stock split and fractional-share adjustment, as of September 30, 2026

Class B shares issued and outstanding Approximately 1,358 shares After the reverse stock split and fractional-share adjustment, as of September 30, 2026

ATM shares sold Approximately 196,850,000 shares Class A shares sold as of September 25, 2026, without giving effect to the reverse stock split

ATM aggregate offering price Up to $35,280,213.01 Under the sales agreement

Key Terms

ATM Offering, Reverse Stock Split, fractional shares

3 terms

ATM Offering financial

"having an aggregate offering price of up to $35,280,213.01 (the “ATM Offering”)"

An at-the-market offering is a way for a company to sell new shares of its stock directly into the stock market over time, usually through a designated sales program. This approach allows the company to raise funds gradually as needed, similar to adding small amounts of fuel to a car rather than filling the tank all at once. For investors, it can influence the company's stock price and provide insights into its financing plans.

Reverse Stock Split financial

"which became market effective on September 28, 2026"

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 financial

"after adjustment for the treatment of fractional shares"

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.

Stock Split

1-for-150 reverse split · Effective September 28, 2026

Split Ratio 1-for-150 reverse split

Effective Date September 28, 2026

Shares After Split 1,332,087

Other Share Class After Split 1,358

FAQ

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

What reverse stock split did CTNT complete?

CTNT effected a 1-for-150 reverse stock split of its Class A and Class B common stock, which became market effective on September 28, 2026.

How many shares had CTNT sold under its ATM offering?

CTNT reported that approximately 196,850,000 Class A shares had been sold under the ATM Offering as of September 25, 2026, without giving effect to the reverse stock split.

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

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Available on EDGAR 09/30/2026 - 05:16 PM Accepted by SEC EDGAR 09/30/2026 - 05:16 PM

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 30, 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 8.01 Other Events.

As previously disclosed in the Company’s Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (the “SEC”) on August 26, 2026, on August 21, 2026, Cheetah Net Supply Chain Service Inc. (the “Company”) entered into a sales agreement (the “Sales Agreement”) with Pacific Century Securities, LLC, as sales agent, pursuant to which the Company may offer and sell, from time to time, shares of the Company’s Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), having an aggregate offering price of up to $35,280,213.01 (the “ATM Offering”).

As of September 25, 2026, the Company sold an aggregate of approximately 196,850,000 shares of Class A Common Stock under the ATM Offering, without giving effect to the Reverse Stock Split (as hereinafter defined).

As previously disclosed in the Company’s Current Report on Form 8-K filed with the SEC on September 23, 2026, the Company effected a 1-for-150 reverse stock split of its Class A Common Stock and Class B Common Stock, which became market effective on September 28, 2026 (the “Reverse Stock Split”).

After giving effect to the Reverse Stock Split as of the date of this Current Report on Form 8-K, after adjustment for the treatment of fractional shares, the Company has approximately 1,332,087 shares of Class A Common Stock and approximately 1,358 shares of Class B Common Stock issued and outstanding.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number		Exhibit
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 30, 2026

	Cheetah Net Supply Chain Service Inc.

	By:	/s/ Huan Liu
		Huan Liu
		Chief Executive Officer, Interim Chief Financial Officer, Director, and Chairman of the Board of Directors

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

3 documents