Welcome to our dedicated page for Cheetah Net Supply Chain Service SEC filings (Ticker: CTNT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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. implemented a 1-for-200 reverse stock split of its Class A and Class B Common Stock, effective at 8:00 a.m. Eastern Time on April 20, 2026. Every 200 shares were automatically combined into one new share, with fractional shares rounded up to the nearest whole share.
As a result, issued and outstanding Class A shares decreased from 391,177,712 to 1,955,889, and Class B shares decreased from 690,875 to 3,455, while par value per share was unchanged. The company plans for its Class A shares to begin trading on a split-adjusted basis on April 29, 2026 with a new CUSIP. The 2024 Stock Incentive Plan share pool and award exercise prices were proportionately adjusted. The filing also notes that, as of April 23, 2026 and before the split, 391,177,712 Class A shares were outstanding after selling 355,000,000 Class A shares in at-the-market transactions under a March 31, 2026 Sales Agreement.
Cheetah Net Supply Chain Service Inc. entered into a Share Transfer Agreement to acquire 100% of Super International Trading Limited, a Hong Kong company trading large-scale industrial equipment. The aggregate cash consideration is approximately $4.98 million, including a $1.5 million refundable deposit paid before due diligence.
The closing is expected within three months of April 16, 2026, subject to board approvals, required consents, satisfactory due diligence, and no material adverse change at the target. Post-closing, the target must achieve at least $10 million in annual revenue for three years, with cash compensation owed by the seller for any shortfall.
The agreement also includes a five-year performance incentive under which Cheetah Net will provide the seller additional cash or equivalent consideration shares if the target’s annual revenue exceeds $10 million, calculated as described in the agreement. Cheetah Net will assume only specified liabilities that are recorded in agreed financial statements or expressly disclosed and accepted.
Cheetah Net Supply Chain Service Inc. entered a sales agreement allowing at-the-market offerings of up to $100,000,000 of its Class A common stock through AC Sunshine Securities LLC as sales agent. The company may issue shares from time to time at prevailing market prices via this arrangement.
Under the agreement, Cheetah Net will pay the sales agent a 3.0% commission on gross proceeds and reimburse specified expenses. Of the total capacity, $70,000,000 of shares will be offered under a prospectus supplement to the company’s effective Form S-3 shelf registration.
Cheetah Net Supply Chain Service Inc. offers up to $70,000,000 of Class A common stock through an at-the-market sales agreement with AC Sunshine Securities LLC. The sales agent may sell shares from time to time on Nasdaq or other U.S. markets; ACSS will receive a 3.0% commission. The prospectus supplement states estimated net proceeds of approximately $67,699,978 and lists general corporate purposes, potential acquisitions, working capital, and operating expenses as intended uses.
Cheetah Net Supply Chain Service Inc. entered into a stock purchase agreement on March 25, 2026 to sell all 10,000 issued and outstanding shares of its wholly owned subsidiary, Edward Transit Express Group, Inc., to individual buyer Bing Shao for a cash purchase price of $20,000 at closing. The subsidiary provides ocean package transportation and freight forwarding services. Closing is expected within 20 calendar days of signing, on a date mutually agreed by the parties.
The company states it is divesting this business to streamline operations, reduce the potential adverse impact of the subsidiary’s operations on its results, and focus on new strategic acquisition opportunities. As part of the deal, the parties agreed to mutual non-disparagement covenants and the company granted a general release of claims relating to its role as shareholder of the subsidiary, subject to specified exceptions.
Cheetah Net Supply Chain Service Inc. reported full-year 2025 results for its logistics and warehousing business, showing rapid revenue growth but continued losses. Revenue rose to $1,288,536 from $455,805 in 2024, driven mainly by a full year of contribution from TW & EW Services Inc.
The company posted an operating loss of $4,579,576, including a $731,307 impairment on intangible assets and goodwill from the Edward Transit Express acquisition, and a net loss from continuing operations of $3,649,703. Strong interest income of $924,224 from short-term loans and certificates of deposit partially offset operating losses.
Cheetah discontinued its parallel-import vehicle business in March 2025 after that segment generated a 2024 net loss of about $1,956,658. As of December 31, 2025, Cheetah reported total assets of $11,858,464, stockholders’ equity of $9,355,587, cash and cash equivalents of $233,217, and working capital of about $7.7 million, supported by approximately $7,430,111 of loan receivables.
Cheetah Net Supply Chain Service Inc. has transformed from a parallel-import luxury vehicle reseller into a logistics and warehousing provider focused on freight flows between the U.S. and China. Logistics and warehousing contributed 100% of revenue for the year ended December 31, 2025, up from 21.8% in 2024.
The legacy vehicle business deteriorated sharply, with vehicle sales revenue dropping 95.7% from $38.3 million in 2023 to $1.6 million in 2024 and just 14 units sold, leading to a $1.6 million credit loss and formal discontinuation in March 2025. To build its new platform, the company acquired Edward Transit Express Group Inc. and TW & EW Services Inc. in 2024.
Cheetah Net raised $40.14 million by selling 33,450,000 Class A shares on February 12, 2026 and significantly increased its authorized share capital, while implementing and planning reverse stock splits to support its Nasdaq listing. Management reports material weaknesses, concluding internal controls over financial reporting were ineffective as of December 31, 2025, and highlights heavy customer concentration and numerous operational and geopolitical risks.
Cheetah Net Supply Chain Service Inc. reported that it closed a private stock sale to non‑U.S. investors. On February 12, 2026, the company issued 33,450,000 shares of Class A common stock in a Regulation S offering for aggregate gross proceeds of $40.14 million. The purchasers represented that they are not residents of the United States and are not U.S. persons, and the shares were issued without Securities Act registration under the Regulation S exemption.
Cheetah Net Supply Chain Service Inc. obtained written consent from majority stockholders holding approximately 79.16% of voting power to authorize one or more reverse stock splits of its common stock, at ratios to be set by the Board, with an aggregate cap of 1-for-500 within 12 months.
The main goal is to increase the per-share price of Class A common stock to satisfy Nasdaq’s $1.00 minimum bid price requirement, potentially broaden institutional investor interest, and support employee attraction and retention. At the maximum 1-for-500 ratio illustrated, Class A shares outstanding would drop from 2,727,712 to about 5,456 and Class B shares from 690,875 to about 1,382.
No fractional shares will be issued; holdings will be rounded up to the next whole share. The number of authorized shares will not be reduced, increasing authorized but unissued stock, which the company notes could have anti-takeover effects and contribute to future dilution. Stockholders have no appraisal rights, and the Board may choose not to implement or may adjust the timing and exact ratios of the splits.
Cheetah Net Supply Chain Service Inc. obtained written consent from majority stockholders holding about 79.16% of voting power to approve one or more reverse stock splits of its Class A and Class B common stock. The board may choose split ratios over 12 months, with the combined ratio capped at 1-for-500.
The stated goal is to lift the Class A share price to satisfy Nasdaq’s $1.00 minimum bid requirement, potentially broaden institutional investor interest, and support employee attraction and retention. Authorized shares stay at 2,000,000,000 Class A and 200,000,000 Class B, so a reverse split would significantly increase the number of authorized but unissued shares.
An illustrative 1-for-500 split would reduce issued and outstanding Class A shares from 2,727,712 to about 5,456 and Class B shares from 690,875 to about 1,382, while fractional holdings are rounded up to a whole share. Voting rights per share remain one vote for Class A and fifteen votes for Class B, and overall ownership percentages are intended to stay the same aside from immaterial rounding effects.