Cheetah Net CEO Huan Liu buys 100,000 shares for $330,000 in private placement
Cheetah Net Supply Chain Service Inc. agreed on October 7, 2026 to sell 100,000 shares of Class B common stock to CEO and Chairman Huan Liu at $3.30 per share, and the deal closed on October 9, 2026. The company received $330,000 in gross proceeds, and the shares were issued as restricted securities in a private placement. The filing gives no use of proceeds, and the amount is small relative to the deal's scope, so its effect on shareholders appears limited.
Key points
- Purchaser: Huan Liu, the company's CEO, director and Chairman, who is also listed as interim CFO in the signature block
- Terms: 100,000 Class B common shares at $3.30 per share, for $330,000 in aggregate gross proceeds
- Agreement dated October 7, 2026; transaction closed October 9, 2026
- Shares issued privately under Regulation S and/or Section 4(a)(2) and Rule 506(b) of Regulation D
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 09, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.