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:   2024-07-12T23:59:59+00:00
Accession:  0001104659-24-079597
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq warns CTNT of non-compliance with $1.00 minimum bid price; 180-day cure period until Jan 7, 2025
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- Received Nasdaq notice on July 11, 2024; closing bid price below $1.00 for 30 consecutive business days.
- Compliance period ends Jan 7, 2025; must close at $1.00+ for 10 consecutive days to regain compliance.
- If not cured, may qualify for an additional 180-day extension if other listing criteria are met.
- Company may consider a reverse stock split to address the bid price deficiency.
- CTNT shares continue trading on Nasdaq Capital Market under symbol CTNT during cure period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1951667/000110465924079597/0001104659-24-079597-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1951667/000110465924079597/tm2419421d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-079597

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