CTNT Research | Milton Maxwell

CTNT

Cheetah Net Supply Chain Service Inc.

1.3900

+0.0000+0%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

4.55M

P/E (TTM)

Basic EPS (TTM)

-1.45

Dividend Yield

Recent Filings

8-K

Closes $40.14M Reg S placement

2/19/26Feb 19, 2026

Cheetah Net closed a private placement on February 12, 2026, issuing 33,450,000 Class A shares to non-U.S. investors under Regulation S for $40.14 million gross proceeds. Funds bolster liquidity. Deal closed fast post-January 27 agreements. Offshore buyers sidestep U.S. registration.

8-K

Reincorporates to Delaware

2/3/26Feb 3, 2026

Cheetah Net completed its reincorporation from North Carolina to Delaware on February 2, 2026, shifting governance to DGCL while preserving all shareholder rights and ownership unchanged. Shareholders also approved hikes to authorized Class A shares to 2B and Class B to 200M, plus 477,888 RSUs for CEO Huan Liu. Incentives align now. Details in exhibits.

8-K

Raises $40.14M via Reg S

1/29/26Jan 29, 2026

Cheetah Net inked stock purchase agreements on January 27, 2026, to sell 33,450,000 Class A shares to non-U.S. investors for $40.14 million at $1.20 per share under Regulation S. Closing hinges on North Carolina/Delaware compliance and Nasdaq approval, post a January 30 stockholder vote on reincorporation. Management holds full discretion on proceeds. Dilution looms large.

8-K

Auditor change disclosed

1/7/26Jan 7, 2026

Cheetah Net dismissed auditor Assentsure PAC and hired Tang Qian & Associates on January 6, 2026. Prior Assentsure audits were clean—no disagreements or adverse opinions—but flagged prior material weaknesses in internal controls. Smooth switch. No consults with new firm before.

8-K

Annual meeting approves split

11/13/25Nov 13, 2025

Cheetah Net held its 2025 annual meeting on November 7, electing five directors with overwhelming support and ratifying Assentsure PAC as auditors. Stockholders approved the Fifth Amended Articles, authorizing a board-determined reverse stock split from 1-for-5 to 1-for-20. They also greenlit excess share issuances for convertible notes below Nasdaq minimums. Vote tallies exceeded 8.5M for each.

About

Cheetah Net Supply Chain Service Inc., together with its subsidiaries, provides logistics and warehousing services in the United States and internationally. The company was formerly known as Yuan Qiu Business Group LLC and changed its name to Cheetah Net Supply Chain Service Inc. in March 2022. The company was incorporated in 2016 and is headquartered in Irvine, California. Cheetah Net Supply Chain Service Inc. is a subsidiary of Fairview Eastern International Holdings Limited.

CEO

Mr. Huan Liu

IPO

8/1/2023

Website

https://cheetah-net.com

Employees

Sector

Industrials

Industry

Integrated Freight & Logistics