secwatch.observer — SEC 8-K summary
======================================

Issuer:     CHEETAH NET SUPPLY CHAIN SERVICE INC. (CTNT)
CIK:        0001951667
Form:       8-K
Filed at:   2026-06-22T20:08:24+00:00
Accession:  0001104659-26-076373
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cheetah Net sells 200,000 Class B shares to CEO at $2 each, raising $400k
-------------------------------------------------------------------------

- Issued 200,000 Class B common shares at $2.00/share to CEO Huan Liu, raising $400k.
- Class B shares carry 15 votes per share vs 1 for Class A, increasing insider voting control.
- Transaction approved by disinterested directors; shares unregistered under Regulation S/4(a)(2).
- Net proceeds used for general corporate purposes (no specific allocation disclosed).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1951667/000110465926076373/0001104659-26-076373-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1951667/000110465926076373/tm2618435d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-076373

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