Cheetah Net enters $100M at-the-market equity sales agreement with AC Sunshine Securities

CHEETAH NET SUPPLY CHAIN SERVICE INC.

Up to $100M of Class A common stock may be sold via ATM offering through AC Sunshine Securities.
Sales agent commission set at 3.0% of gross proceeds; $70M of shares covered by prospectus supplement.
Company not obligated to sell any shares; sales will be made on Nasdaq or other trading markets.
Agreement includes customary indemnification and expense reimbursement (up to $100K initial, $14K/year).

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CHEETAH NET SUPPLY CHAIN SERVICE INC. entered into Sales Agreement with AC Sunshine Securities LLC valued at up to $100,000,000 (effective 2026-03-31).

Action: entry
Agreement: atm program
Counterparty: AC Sunshine Securities LLC
Value: up to $100,000,000
Effective: 2026-03-31

Exact text from the filing

On March 31, 2026, Cheetah Net Supply Chain Service Inc. (the “Company”), entered into a sales agreement (the “Sales Agreement”) with AC Sunshine Securities LLC (the “Sales Agent”), acting as the Company’s sales agent, pursuant to which the Company may offer and sell, from time to time, to or through the Sales Agent shares of Class A common stock of the Company, par value $0.0001 per share (the “Class A Common Stock”), having an aggregate offering price of up to $100,000,000 (the “Shares”).

View on SEC.gov

38 material agreements filed in the last 30 days. Browse all material agreements →

CHEETAH NET SUPPLY CHAIN SERVICE INC. filing history →

Source: SEC EDGAR

accession 0001104659-26-039184

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