AI brief of an SEC Form 8-K · CHEETAH NET SUPPLY CHAIN SERVICE INC. (CTNT)

Cheetah Net CEO Huan Liu buys 100,000 shares for $330,000 in private placement

Neutral Impact 3 of 5 financing Written later

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

CompanyCHEETAH NET SUPPLY CHAIN SERVICE INC. (CTNT)
Form8-K, current report
Filed with the SECOct 9, 2026, 4:05 PM ET
Accession number0001104659-26-115037

Items reported: 1.01 Material Definitive Agreement3.02 Unregistered Equity Sale

Read the filing on SEC.gov ↗

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.