secwatch.observer — SEC 8-K summary
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Issuer:     CHEETAH NET SUPPLY CHAIN SERVICE INC. (CTNT)
CIK:        0001951667
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001104659-23-087259
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1951667/000110465923087259/0001104659-23-087259-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1951667/000110465923087259/tm2322762d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-087259

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