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Cheetah Net Supply Chain Service Inc. announces $40.14 million unregistered stock offering
CTNT
- Cheetah Net Supply Chain Service Inc. entered into stock purchase agreements to sell an aggregate of 33,450,000 shares of Class A common stock for $40.14 million.
- The shares were offered at a price of $1.20 per share.
- This offering constitutes an unregistered sale of equity securities under Regulation S, with the purchasers representing they are not U.S. persons.
- The closing of the offering is contingent upon conditions such as compliance with applicable corporate acts and, if required, Nasdaq approval.
- Management will have sole and absolute discretion concerning the use of the proceeds from this offering.
Jan 29, 2026, 9:05 PM
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