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confidence high
sentiment neutral
materiality 0.30
Cheetah Net terminates ATM sales agreement with AC Sunshine Securities
CHEETAH NET SUPPLY CHAIN SERVICE INC.
- Mutual termination of March 31, 2026 Sales Agreement effective June 26, 2026.
- Total sales under agreement: 2,775,000 shares of Class A common stock (post 1-for-200 reverse split).
- No placement notices outstanding and no fees or expenses due to the Sales Agent at termination.
- Termination allowed under Section 11(e) of the Agreement; certain sections survive.