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:   2025-11-13T23:59:59+00:00
Accession:  0001104659-25-111275
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cheetah Net shareholders approve reverse stock split and potential dilutive convertible issuance
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- Elected five directors: Huan Liu, Xianggeng Huang, Xiangan Ruan, Huiping Chen, Huibo Deng to serve until 2026.
- Ratified Assentsure PAC as independent auditor for FY2025 (8,971,320 votes for).
- Approved reverse stock split at ratio between 1:5 and 1:20, with board discretion on final ratio.
- Approved potential issuance of >20% of outstanding common stock upon convertible note conversion below Nasdaq minimum price.
- Adjournment proposal approved (8,919,992 for, 224,410 against).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1951667/000110465925111275/0001104659-25-111275-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1951667/000110465925111275/tm2531167d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-111275

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer