M&A
confidence high
sentiment neutral
materiality 0.55
Cheetah Net closes TW & EW Services acquisition; issues 469,484 unregistered Class A shares
CHEETAH NET SUPPLY CHAIN SERVICE INC.
- Total purchase price includes $200K cash (paid Dec 3) and 469,484 unregistered Class A shares issued Dec 19.
- Shares issued to three sellers: Weishu Guo (140,845), Jiancheng Li (187,794), Jianhui Li (140,845).
- Shares issued under Regulation S exemption for offshore offerings.
- Acquisition of TW & EW Services Inc, a California corporation, previously disclosed on Nov 27, 2024.