CHEETAH NET SUPPLY CHAIN SERVICE INC. 8-K

What Happened
Cheetah Net Supply Chain Service Inc. filed an 8‑K disclosing that on June 15, 2026 it entered into a Securities Purchase Agreement with Huan Liu, the company’s Chief Executive Officer (who is also Interim Chief Financial Officer, a director and Chairman). Under the agreement the company issued and sold 200,000 shares of its Class B common stock at $2.00 per share, for aggregate gross proceeds of $400,000. The agreement is filed as Exhibit 10.1 to the 8‑K.

Key Details

• Transaction date: June 15, 2026.
• Shares issued: 200,000 shares of Class B common stock.
• Price: $2.00 per share; gross proceeds to the company: $400,000.
• Purchaser: Huan Liu — CEO, Interim CFO, director and Chairman (insider).
• Filing sections: Item 1.01 (Material Definitive Agreement) and Item 3.02 (Unregistered Sales of Equity Securities); Securities Purchase Agreement attached as Exhibit 10.1.

Why It Matters
This 8‑K shows the company raised $400,000 in cash through a private sale of equity to an insider, which is a related‑party transaction that the company is required to disclose. Investors should note the exact size and terms of the issuance (200,000 Class B shares at $2.00 each) and review the company’s capitalization and outstanding share count to assess any dilution effects and the implications of insider participation. The full agreement is available as an exhibit for those seeking detailed terms.