Cheetah Net Supply Chain (CTNT) CEO buys $400K in new shares
Rhea-AI Filing Summary
Huan Liu, CEO and chairman of Cheetah Net Supply Chain Service Inc., filed an amended Schedule 13D reporting his updated ownership in the company’s Class A common stock. The filing reflects a private placement on June 15, 2026, in which he acquired 200,000 shares of Class B common stock at $2.00 per share for an aggregate $400,000, funded with personal funds.
Including shares held through FAIRVIEW EASTERN INTERNATIONAL HOLDINGS LIMITED, Liu is deemed to beneficially own 203,456 shares, representing 6.4% of the Class A common stock, based on 2,955,935 Class A shares outstanding as of the filing date. The filing states he acquired the new shares for investment purposes and that he has no current plans for major corporate changes.
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Key Figures
Private placement purchase: 200,000 shares
Purchase price per share: $2.00 per share
Aggregate purchase price: $400,000
+5 more
8 metrics
Private placement purchase
200,000 shares
Class B common stock acquired June 15, 2026
Purchase price per share
$2.00 per share
Class B common stock private placement
Aggregate purchase price
$400,000
Class B shares acquired using personal funds
Sole voting power
200,877 shares
Class B common stock over which Liu has sole power
Shared voting power
2,579 shares
Class B shares held via FAIRVIEW EASTERN INTERNATIONAL HOLDINGS LIMITED
Aggregate beneficial ownership
203,456 shares
Total shares deemed beneficially owned by Huan Liu
Ownership percentage
6.4%
Percent of Class A common stock represented by beneficial holdings
Shares outstanding
2,955,935 shares
Class A common stock outstanding as of the filing date
Key Terms
Schedule 13D, beneficially owned, reverse stock split, RSUs, +2 more
6 terms
Schedule 13D regulatory
"If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficially owned financial
"Number of Shares Beneficially Owned by Each Reporting Person With:"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
reverse stock split financial
"the Issuer effected a reverse stock split of its issued and outstanding common stock at a ratio of 1-for-200 (the "2026 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.
RSUs financial
"Huan Liu was granted RSUs covering the right to receive 45,938 shares of Class A common stock and 31,250 shares of Class B common stock"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
private placement financial
"the issuer closed a private placement transaction with the Reporting Person, pursuant to which the Reporting Person purchased 200,000 shares"
A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.
securities purchase agreement regulatory
"in a private placement transaction pursuant to a securities purchase agreement entered into with the Issuer"
A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What change does this Schedule 13D/A report for Cheetah Net (CTNT)?
The filing reports updated ownership for Huan Liu in CTNT. It reflects his June 15, 2026 purchase of 200,000 Class B shares for $400,000 and shows he is deemed to beneficially own 203,456 shares, or 6.4% of Class A common stock.
What percentage of Cheetah Net (CTNT) does Huan Liu own after this update?
Huan Liu’s beneficial ownership is 6.4% of CTNT’s Class A stock. The percentage is calculated using 2,955,935 Class A shares outstanding plus certain shares issuable upon conversion of Class B stock, including the 200,000 Class B shares he acquired.
Does Huan Liu plan corporate changes at Cheetah Net (CTNT) according to this filing?
The filing states he has no current plans for major changes. Beyond the reported investment, it lists no proposals for acquisitions, restructurings, board changes, capital changes, or other significant corporate actions at Cheetah Net Supply Chain Service Inc.
What is FAIRVIEW EASTERN INTERNATIONAL HOLDINGS LIMITED’s role in CTNT ownership?
FAIRVIEW EASTERN holds Class B shares convertible into CTNT Class A shares. It owns 2,579 Class B shares, issuable as Class A on conversion. Huan Liu is its sole shareholder, so he is deemed to beneficially own those securities as well.