Recent Updates — CTNT

Cheetah Net Supply Chain Service Inc. reported that it sold approximately 196,850,000 shares of Class A Common Stock under its At-The-Market (ATM) offering program as of September 25, 2026. The company also effected a 1-for-150 reverse stock split on September 28, 2026. Post-split, the company has approximately 1,332,087 shares of Class A Common Stock and 1,358 shares of Class B Common Stock issued and outstanding. Cheetah Net Supply Chain Service Inc. operates in the logistics and supply chain management industry.

Cheetah Net Supply Chain Service Inc. completed a reverse stock split at a ratio of 1-for-150 on September 21, 2026. The company had approximately 199,805,935 shares of Class A Common Stock and 203,456 shares of Class B Common Stock outstanding on a pre-split basis as of September 22, 2026. Post-split, these amounts correspond to approximately 1,332,040 shares of Class A Common Stock and approximately 1,357 shares of Class B Common Stock. Fractional shares were rounded up to the nearest whole share. The par value per share remained unchanged at $0.0001. Proportionate adjustments were made to the Amended and Restated 2024 Stock Incentive Plan regarding available shares and exercise prices. Trading on a post-split basis is expected to begin on September 28, 2026, under the symbol CTNT. Cheetah Net Supply Chain Service Inc. operates in the logistics and supply chain management industry.

Cheetah Net Supply Chain Service Inc. entered into a Membership Interest Purchase Agreement to acquire 100% of JoyPak Supply LLC for $788,000 in cash. The transaction involves an initial payment of $88,000 within two business days and a closing payment of $700,000 upon completion, expected by October 15, 2026. JoyPak sells consumer, beauty, personal care, and everyday-use products. This acquisition diversifies Cheetah's product mix and supports its long-term growth strategy. Cheetah Net Supply Chain Service Inc. operates in the logistics, warehousing, and international trading industries.

Cheetah Net Supply Chain Service Inc. entered into a sales agreement with Pacific Century Securities, LLC on August 21, 2026, establishing an at-the-market equity offering program allowing the sale of up to $35,280,213.01 in Class A common stock. The company is not obligated to sell any shares and will pay a 3.0% commission on gross proceeds, plus reimbursement for expenses capped at $100,000 initially. This filing announces the authorization of this equity issuance facility rather than an immediate transaction. Cheetah Net Supply Chain Service Inc. operates in the logistics and supply chain management industry.

Cheetah Net Supply Chain Service Inc. reported second quarter 2026 financial results on August 13, 2026. Total revenue increased 145.4% to $868,909 from $354,126 in the prior year period, driven by international trading operations following the May 27, 2026 acquisition of Super International Trading Limited. The company reported a net income of $71,045 compared to a net loss of $512,528 previously, primarily due to foreign exchange gains of $979,277 and interest income. Operating expenses rose slightly as the firm streamlined its structure and disposed of Edward Transit Express Group, Inc. The company disclosed going concern doubts due to negative operating cash flow but cited sufficient liquidity from cash reserves and receivables. Cheetah Net Supply Chain Service Inc. operates in the logistics, warehousing, and international trading industries.

Cheetah Net Supply Chain Service Inc. terminated its at-the-market (ATM) sales agreement with AC Sunshine Securities LLC on June 26, 2026. Prior to termination, the company had sold an aggregate of 2,775,000 shares of Class A common stock under the agreement, accounting for 1,775,000 pre-split shares and 1,000,000 post-split shares. The company operates in the supply chain services industry.