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:   2024-05-15T23:59:59+00:00
Accession:  0001104659-24-061898
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cheetah Net closes $8.19M follow-on offering of 13.21M shares at $0.62/sh
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1951667/000110465924061898/0001104659-24-061898-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1951667/000110465924061898/tm2414564d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-061898

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