---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-118931"
form_type: "8-K"
ticker: "CTNT"
cik: "0001951667"
company_name: "CHEETAH NET SUPPLY CHAIN SERVICE INC."
filed_at: "2023-11-16T23:59:59+00:00"
generated_at: "2026-06-08T01:33:46.468851+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cheetah Net signs LOI to acquire Edward Transit Express for $1.5M in cash and stock

## Summary
- Total purchase price $1.5M: $300k cash + $1.2M in Cheetah Class A common stock (80% of 10-day VWAP).
- Target Edward Transit Express is a California-based NVOCC providing ocean/air freight with weekly consolidation.
- Closing expected early 2024, subject to due diligence, definitive agreement, and customary conditions.
- CEO Tony Liu says acquisition supports Cheetah's evolution into a comprehensive international trade service provider.
- No lock-up on shares issued to sellers; Purchaser assumes all existing liabilities of Target.

## SEC filing metadata
- accession: 0001104659-23-118931
- form_type: 8-K
- ticker: CTNT
- cik: 0001951667
- company_name: CHEETAH NET SUPPLY CHAIN SERVICE INC.
- filed_at: 2023-11-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1951667/000110465923118931/0001104659-23-118931-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1951667/000110465923118931/tm2330886d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-118931
- JSON: https://secwatch.observer/filing/0001104659-23-118931.json
- Plain text: https://secwatch.observer/filing/0001104659-23-118931.txt

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