---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-087259"
form_type: "8-K"
ticker: "CTNT"
cik: "0001951667"
company_name: "CHEETAH NET SUPPLY CHAIN SERVICE INC."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T09:40:16.554606+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cheetah Net closes $5M IPO; shares trade on Nasdaq under CTNT

## Summary
- Gross proceeds of $5.0M from sale of 1.25M shares at $4.00 per share.
- Underwriters granted 45-day option to purchase up to an additional 187,500 shares.
- Warrants issued to Maxim Group LLC for 62,500 shares at $5.00, exercisable Jan 27, 2024 to July 31, 2026.
- Company supplies parallel-import vehicles from U.S. to PRC market.
- IPO closed August 3; shares began trading on Nasdaq Capital Market August 1.

## SEC filing metadata
- accession: 0001104659-23-087259
- form_type: 8-K
- ticker: CTNT
- cik: 0001951667
- company_name: CHEETAH NET SUPPLY CHAIN SERVICE INC.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1951667/000110465923087259/0001104659-23-087259-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1951667/000110465923087259/tm2322762d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-087259
- JSON: https://secwatch.observer/filing/0001104659-23-087259.json
- Plain text: https://secwatch.observer/filing/0001104659-23-087259.txt

## Key facts
- Material Agreements
  CHEETAH NET SUPPLY CHAIN SERVICE INC. entered into Underwriting Agreement with Maxim Group LLC valued at 1,250,000 shares of Class A common stock at $4.00 per share, plus 187,500 over-allotment option (effective 2023-07-31).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Maxim Group LLC
  - Value: 1,250,000 shares of Class A common stock at $4.00 per share, plus 187,500 over-allotment option
  - Effective: 2023-07-31
  source text: On July 31, 2023, Cheetah Net Supply Chain Service Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Maxim Group LLC, as representative of the several underwriters listed on Schedule I to the Underwriting Agreement (the “Representative”), relating to the Company’s initial public offering (the “IPO”) of 1,250,000 shares of Class A common stock, par value $0.0001 per share (“Class A Common Stock”) for a price of $4.00 per share, less certain underwriting discounts.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1951667/000110465923087259/0001104659-23-087259-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.