Cheetah Net gains new 62% controlling shareholder
A new majority shareholder of CTNT has disclosed a 62.45% stake and plans to seek board representation for its managing member.
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Filing Explained
As of September 21, Takeover Time has sole voting and dispositive power over 62.45% of Class A shares; no board appointment is reported.
The filing reports that Takeover Time 2026 LLC bought
Schedule 13D is the ownership filing for a holder above
The requested board seat remains prospective: the filing says the LLC intends to seek it and asks the board to begin discussions, but reports no appointment or other securities-related arrangements beyond those disclosed.
Key Figures
Key Terms
beneficially owns financial
sole voting power financial
sole dispositive power financial
Schedule 13D regulatory
Class A common stock financial
FAQ
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What stake did Takeover Time 2026 LLC disclose in CTNT?
What are Takeover Time 2026 LLC’s intentions regarding CTNT’s board?
When did Takeover Time 2026 LLC acquire its CTNT position?
AI-generated analysis. How Rhea-AI works. Not financial advice.