Corporate ActionOct 9, 2026, 04:06 PM

Cheetah Net Sells $330K in Stock to CEO Huan Liu

AI Summary

Cheetah Net Supply Chain Service Inc. announced a private placement of 100,000 shares of its Class B common stock to its CEO, Huan Liu, for $3.30 per share, totaling $330,000 in gross proceeds. The transaction, which closed on October 9, 2026, was conducted in accordance with Regulation S and/or Section 4(a)(2) of the Securities Act, with the shares issued as restricted securities. The company's Board of Directors, through a committee of disinterested directors, reviewed and approved the transaction as a related-party transaction.

Key Highlights

Cheetah Net Supply Chain Service Inc. sold 100,000 shares of Class B common stock to CEO Huan Liu.
The transaction raised $330,000 in gross proceeds for the company.
The shares were sold at a price of $3.30 per share.
The sale was conducted as a private placement exempt from registration under the Securities Act.

View SEC Filing

CTNT

Motor Vehicles

CHEETAH NET SUPPLY CHAIN SERVICE INC.

Price Impact