STOCK TITAN

Cheetah Net CEO buys $330K in Class B shares

Huan Liu's reported beneficial ownership equals approximately 7.1% of CTNT's Class A common stock after the private placement.

(Moderate)

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Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Cheetah Net Supply Chain Service Inc. (CTNT) closed a private placement on October 9, 2026, issuing 100,000 shares of Class B common stock to Huan Liu, its Chief Executive Officer, Interim Chief Financial Officer, Director and Chairman of the Board. The purchase price was $3.30 per share, for aggregate gross proceeds of $330,000; Liu used personal funds.

After the purchase, Liu reported beneficial ownership of 101,358 Class A common shares issuable upon conversion of Class B shares, approximately 7.1% of the Class A common stock. The amount includes 101,340 conversion shares held directly by Liu and 18 conversion shares held by Fairview Eastern International Holdings Limited, of which Liu is the sole shareholder.

Filing Explained

This amendment records a completed 1-for-150 reverse split, effective in the market on September 28, 2026; it proportionally reduced share counts, and the split itself did not change company value.

Class B common shares purchased 100,000 shares Private placement closed October 9, 2026
Purchase price $3.30 per share Class B common stock
Aggregate purchase price $330,000 Paid with Huan Liu's personal funds
Beneficially owned Class A shares issuable upon conversion 101,358 shares Reported after the October 9, 2026 purchase
Class A common stock ownership Approximately 7.1% Reported beneficial ownership
Class A common shares outstanding 1,332,087 shares As of October 9, 2026
beneficial ownership technical
"beneficially owns an aggregate of 101,358 shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
sole voting and dispositive power technical
"sole voting and dispositive power over 101,340 shares"
shared voting and dispositive power technical
"shared voting and dispositive power over 18 shares"
issuable upon conversion technical
"shares of Class A common stock issuable upon conversion"

FAQ

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

How many CTNT shares did Huan Liu buy, and at what price?

Huan Liu purchased 100,000 shares of Class B common stock from CTNT in a private placement that closed October 9, 2026, at $3.30 per share. The aggregate purchase price was $330,000, paid with Liu's personal funds.

What percentage of CTNT does Huan Liu beneficially own after the purchase?

Liu reported beneficial ownership of 101,358 Class A common shares issuable upon conversion of Class B shares, approximately 7.1% of the Class A common stock. The total includes 101,340 conversion shares held directly by Liu and 18 held by Fairview Eastern International Holdings Limited, of which he is the sole shareholder.

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

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16307X400

(CUSIP Number)
Huan Liu
8707 Research Drive,
Irvine, CA, 92618
(949) 740-7799

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
10/09/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
Note to Row 7 and Row 9: On October 9, 2026, the Issuer closed a private placement transaction with the Reporting Person, pursuant to which the Reporting Person purchased 100,000 shares of the Issuer's Class B common stock, par value $0.0001 per share, at a purchase price of $3.30 per share. Immediately prior to the transaction, the Reporting Person directly held 1,340 shares of the Issuer's Class B common stock. Accordingly, the Reporting Person directly holds 101,340 shares of the Issuer's Class B common stock as of the date hereof. Note to Row 8 and Row 10: Represents 18 shares of the Issuer's Class A common stock issuable to FAIRVIEW EASTERN INTERNATIONAL HOLDINGS LIMITED upon conversion of 18 shares of Class B common stock held by FAIRVIEW EASTERN INTERNATIONAL HOLDINGS LIMITED as of the date hereof. The Reporting Person is the sole shareholder of FAIRVIEW EASTERN INTERNATIONAL HOLDINGS LIMITED. Accordingly, the Reporting Person may be deemed to beneficially own the securities of the Issuer held by FAIRVIEW EASTERN INTERNATIONAL HOLDINGS LIMITED. Note to Row 13: The percentage of class is calculated based on 1,332,087 shares of Class A common stock outstanding as of October 9, 2026, as provided by the Issuer to the Reporting Person. Pursuant to Rule 13d-3(d)(1) under the Securities Exchange Act of 1934, as amended, the denominator of this percentage is the sum of (i) 1,332,087 shares of Class A common stock outstanding as of October 9, 2026, (ii) 18 shares of Class A common stock issuable to FAIRVIEW EASTERN INTERNATIONAL HOLDINGS LIMITED upon conversion of its 18 shares of Class B common stock, (iii) 1,340 shares of Class A common stock issuable to the Reporting Person upon conversion of the 1,340 shares of Class B common stock held by the Reporting Person immediately prior to the October 9, 2026 private placement, and (iv) 100,000 shares of Class A common stock issuable to the Reporting Person upon conversion of the 100,000 shares of Class B common stock acquired in the October 9, 2026 private placement.


SCHEDULE 13D


Huan Liu
Signature:/s/ Huan Liu
Name/Title:Huan Liu
Date:10/13/2026

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