{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-061898","form_type":"8-K","ticker":"CTNT","cik":"0001951667","company_name":"CHEETAH NET SUPPLY CHAIN SERVICE INC.","filed_at":"2024-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.294984+00:00","generated_at":"2026-06-01T23:42:33.133433+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Cheetah Net closes $8.19M follow-on offering of 13.21M shares at $0.62/sh","bullets":["Priced 13,210,000 shares of Class A common stock at $0.62 per share for gross proceeds of $8.19 million.","Offering closed on May 15, 2024; AC Sunshine Securities acted as exclusive placement agent.","Net proceeds to fund working capital and develop warehousing/logistics services.","Placement agent fee was 3.5% of gross proceeds; shares offered under effective S-1 registration."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-061898","json":"https://secwatch.observer/filing/0001104659-24-061898.json","markdown":"https://secwatch.observer/filing/0001104659-24-061898.md","text":"https://secwatch.observer/filing/0001104659-24-061898.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1951667/000110465924061898/0001104659-24-061898-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1951667/000110465924061898/tm2414564d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T23:42:33.133433+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"641b5d59bf0b79fa873722b8b169a1905d78552c","claim":"CHEETAH NET SUPPLY CHAIN SERVICE INC. entered into Placement Agency Agreement with AC Sunshine Securities LLC valued at approximately $8.19 million (effective 2024-05-14).","evidence_excerpt":"On May 14, 2024, Cheetah Net Supply Chain Service Inc. (the “Company”) entered into a placement agency agreement (the “Placement Agency Agreement”) with AC Sunshine Securities LLC, the Company’s exclusive placement agent (the “Placement Agent”), on a best efforts basis, relating to the Company’s public offering (the “Offering”) of 13,210,000 shares of Class A common stock","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1951667/000110465924061898/0001104659-24-061898-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"AC Sunshine Securities LLC"},{"label":"Value","value":"approximately $8.19 million"},{"label":"Effective","value":"2024-05-14"}]},{"claim_id":"d986abe7862170a86b68bbfd9c832bd36f89779b","claim":"CHEETAH NET SUPPLY CHAIN SERVICE INC. entered into Purchase Agreement with purchasers identified therein (the “Purchasers”) (effective 2024-05-14).","evidence_excerpt":"On the same day, the Company entered into a securities purchase agreement (the “Purchase Agreement”) with purchasers identified therein (the “Purchasers”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1951667/000110465924061898/0001104659-24-061898-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"purchasers identified therein (the “Purchasers”)"},{"label":"Effective","value":"2024-05-14"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}