CHEETAH NET SUPPLY CHAIN SERVICE INC. (CTNT): Entry into a Material Definitive Agreement
CHEETAH NET SUPPLY CHAIN SERVICE INC. (CTNT) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01. Entry into a Material Definitive Agreement. On October 7, 2026, Cheetah Net Supply Chain Service Inc. (the “ Company ”) entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with Huan Liu, the Company’s Chief Executive Officer, director, and Chairma
- Instrument
- Class B common stock
- Shares
- 100,000 shares
- Price per share
- $3.30 per share
- Gross proceeds
- $330,000
Facts are quoted from the filing text and checked against it.
How this was made
The 30-second read
Why it matters
The filing provides the first public details of the capital raise, confirming the transaction and its terms.
Market read
A micro‑cap equity raise with limited market impact; primarily of interest to current shareholders and short‑term traders.
What to watch
The purchaser is the CEO, indicating confidence in the business despite the small raise.
Background
SEC Form 8‑K filed by Cheetah Net Supply Chain Service Inc. discloses a private placement of Class B shares to its CEO.
Ticker impact
Company filed an 8‑K reporting a private placement of 100,000 Class B shares at $3.30 each, raising $330,000.
likely slight pressure as the market prices in dilution
The transaction is disclosed for the first time, but the amount is trivial for a public company, so any price move is expected to be modest.
Market effects
None significant; the raise is company‑specific.
No broader regional effect.
Minimal.
Counterpoint
If the company can deploy the cash effectively, the dilution may be outweighed by growth potential.
Key entities
- companyCheetah Net Supply Chain Service Inc.
Issuer of the Class B shares.
- personHuan Liu
CEO, director, and Chairman purchasing the shares.
