SplitApr 24, 2026, 04:23 PM
Cheetah Net Supply Chain Approves 1-for-200 Reverse Stock Split
AI Summary
Cheetah Net Supply Chain Service Inc. announced that its Board of Directors approved a 1-for-200 reverse stock split of its common stock on March 23, 2026. This action follows stockholder approval on February 3, 2026, for potential reverse stock splits at a ratio not exceeding 1-for-500, which became effective on March 10, 2026. The company has filed a Certificate of Amendment to its Certificate of Incorporation to implement this reverse stock split.
Key Highlights
- Board approved a 1-for-200 reverse stock split on March 23, 2026.
- Stockholders previously approved potential splits up to 1-for-500 on February 3, 2026.
- Stockholder approval for potential splits became effective on March 10, 2026.
- Company filed a Certificate of Amendment to implement the reverse stock split.