Cheetah Net Supply Chain Service Inc. filings document its Delaware operating-company status, Nasdaq-listed Class A common stock, logistics and warehousing business, and emerging growth company disclosures. Recent 8-K reports cover financial results, material definitive agreements, equity financing activity, changes affecting security-holder rights, and governance matters approved by stockholders or the board.
The filing record also describes capital-structure matters such as private placements, common-stock sale arrangements, reverse-split authority, and reincorporation-related charter and bylaw changes. Business disclosures address the company's transition away from parallel-import vehicle sales and toward logistics and warehousing services, including subsidiary operations, goodwill and intangible-asset impairment, operating losses, and risk factors tied to trade flows and service demand.
CHEETAH NET SUPPLY CHAIN SERVICE INC. (CTNT) now has a new majority stockholder, Takeover Time 2026 LLC, which acquired 1,846,000 shares of Class A common stock on September 17, 2026, giving it approximately 62.45% of the outstanding Class A shares.
The LLC paid an aggregate $84,995.46, or about $0.04604 per share, using personal funds contributed by its sole member, Natasha Ovsepyan. Takeover Time 2026 LLC states that, in light of this ownership, it currently intends to seek a seat on CTNT’s Board of Directors for Ms. Ovsepyan and requests that the Board begin direct discussions about her board representation.
CHEETAH NET SUPPLY CHAIN SERVICE INC. (CTNT) reports that Takeover Time 2026 LLC is a ten percent owner, filing an initial statement of beneficial ownership. The entity holds 1,846,000 shares of CTNT Class A Common Stock directly as of September 17, 2026, with no specific transactions reported.
Cheetah Net Supply Chain Service Inc. (CTNT) agreed to acquire 100% of the membership interests of JoyPak Supply LLC for $788,000 in cash under a Membership Interest Purchase Agreement dated September 15, 2026. The price consists of an $88,000 initial payment within two business days of signing and $700,000 within two business days after closing.
The initial payment is only a partial purchase price and does not transfer ownership; all JoyPak membership interests will transfer at closing. Closing is to occur within four weeks of September 15, 2026 and is expected on or about October 15, 2026, subject to due diligence and other closing conditions. If the agreement is terminated other than due to Cheetah’s breach, the sellers must return the initial payment to Cheetah.
JoyPak, a Nevada company focused on consumer, beauty, personal care and other everyday-use products, will become a wholly owned subsidiary after completion. Cheetah states that this acquisition is expected to diversify its product mix, add new consumer categories, and support its broader business diversification and long-term growth strategy.
Cheetah Net Supply Chain Service Inc. (CTNT) entered into a Sales Agreement with Pacific Century Securities, LLC under which CTNT may, from time to time, offer and sell shares of its Class A common stock in an at the market offering having an aggregate offering price of up to $35,280,213.01. The company is not obligated to sell any shares and will direct timing, size, and price parameters through placement notices.
Pacific Century Securities will act as sales agent and will use commercially reasonable efforts to place shares on the Nasdaq Capital Market or other permitted venues. CTNT will pay the agent a 3.0% commission on aggregate gross proceeds from each sale and will reimburse specified expenses, including up to $100,000 for the initial offering, up to $14,000 per fiscal year for maintaining the agreement (capped at $5,000 per Representation Date), and up to $10,000 for each update to the ATM program.
The shares will be offered pursuant to a prospectus supplement dated August 21, 2026, filed with the SEC on August 24, 2026, to CTNT’s effective registration statement on Form S-3 (No. 333-281820). Legal opinions and the full Sales Agreement are filed as exhibits and incorporated by reference.
Cheetah Net Supply Chain Service Inc. (CTNT) has launched an at-the-market offering of up to $35,280,213.01 of Class A common stock under its existing $70,000,000 shelf registration, using Pacific Century Securities, LLC as sales agent with a 3.0% commission.
Shares may be sold from time to time on Nasdaq or other permitted markets, with no minimum price or sale amount. At an illustrative price of $1.56, up to 22,615,521 new shares could be issued versus 2,955,935 Class A shares currently outstanding, implying significant potential dilution.
Net proceeds are estimated at about $34.0 million if the full program is utilized, to be used for working capital, general corporate purposes, and strategic initiatives including potential acquisitions and investments. The company highlights business transformation risks and collection risk on a RMB 280,000,000 receivable from a terminated PRC fund investment.
Cheetah Net Supply Chain Service Inc. reported second quarter 2026 results, highlighting a shift from logistics and warehousing toward international trading. Total revenue for the quarter was $868,909, up from $354,126 a year earlier, an increase of 145.4%, driven entirely by the new international trading segment following the acquisition of Super International Trading Limited. The legacy logistics and warehousing segment generated no revenue in the quarter, down from $354,126, reflecting the disposal of Edward Transit Express Group and weaker conditions at TWEW.
The company recorded an operating loss of $881,797, slightly larger than the prior-year loss, but reported net income from continuing operations of $71,045, versus a loss of $512,528, mainly due to $993,766 of other income, largely foreign exchange gains. For the first half of 2026, revenue was $961,609 and the net loss from continuing operations narrowed to $545,220 from $1,266,437. Liquidity is mixed: cash was $2.1 million, but working capital was $74.1 million, supported by a $41.1 million receivable from withdrawal of investment deposits and $30.0 million in loan receivables. Management disclosed that recent losses, negative operating cash flow of about $0.9 million, and ongoing integration needs raise doubts about the company’s ability to continue as a going concern, though it believes available liquidity and potential financing will cover at least 12 months.
Cheetah Net Supply Chain Service Inc. is reshaping its business from discontinued parallel-import auto sales toward logistics, warehousing and a new international trading segment. For the quarter ended June 30, 2026, revenue from continuing operations was $868,909, up from $354,126 a year earlier, driven mainly by the May 2026 acquisition of Super International.
Quarterly net income was $71,045 versus a prior-year loss, while the first half still showed a net loss of $545,220, improved from a $1,266,437 loss in 2025. Operating cash flow was negative $865,760, but the company raised $71.4 million via a PIPE and at-the-market stock offering.
The balance sheet expanded significantly: total assets reached $82.5 million, including a $41.1 million receivable from withdrawal of an investment deposit and $30.0 million of loans receivable to third parties; cash was $2.1 million$80.3 million. Management cites ongoing losses but, given liquidity from receivables and capital raised, concludes there is no substantial doubt about the company’s ability to continue as a going concern.
Cheetah Net Supply Chain Service Inc. notified holders that majority stockholders holding approximately 50.80% of voting power approved, by written consent dated June 16, 2026, authority for the Board to implement one or more reverse stock splits up to an aggregate 1-for-2,000 ratio.
The Board may choose a final ratio within that range, effect one or more splits within 18 months following approval, and file a Certificate of Amendment to set the Effective Date. The action was approved by FAIRVIEW EASTERN INTERNATIONAL HOLDINGS LIMITED and Huan Liu, who is also CEO and Chairman.
Cheetah Net Supply Chain Service Inc. has terminated its at-the-market stock sales agreement with AC Sunshine Securities LLC, effective at the close of business on June 26, 2026. The agreement had allowed Class A common stock to be sold from time to time under a Form S-3 shelf registration.
Before termination, the company sold a total of 2,775,000 shares of Class A common stock under this arrangement after giving effect to a 1-for-200 reverse stock split completed on April 29, 2026. No placement notices remained outstanding at termination, and the sales agent confirmed that no amounts, fees or expenses were due from the company.
Cheetah Net Supply Chain Service Inc. notified holders that majority stockholders holding approximately 50.80% of voting power approved, by written consent, amendments to permit one or more reverse stock splits with an aggregate ratio not to exceed 1-for-2,000. The Board may implement one or more splits at any time within 18 months after stockholder approval and will determine the final split ratio and Effective Date in its sole discretion. The action was approved by FAIRVIEW EASTERN INTERNATIONAL HOLDINGS LIMITED and Huan Liu and will become effective no sooner than 20 calendar days after mailing the definitive information statement. The reverse splits will round fractional shares up to whole shares, leave par value at $0.0001, and will not change aggregate stated capital or a holder’s percentage ownership apart from rounding effects. The stated purpose is to increase per-share price to satisfy Nasdaq’s $1.00 minimum bid requirement and to potentially improve marketability and employee retention.