Cheetah Net Supply Chain Service Inc.: CEO buys 100,000 shares for $330,000

What happened The filing says that on Oct 7, 2026, Cheetah Net Supply Chain Service Inc. entered into a Securities Purchase Agreement with Huan Liu, the Company’s Chief Executive Officer, director, and Chairman of the Board, under which the Company agreed to issue and sell 100,000 shares of its Class B common stock at $3.30 per share for aggregate gross proceeds of $330,000. The filing says the transaction closed on Oct 9, 2026.

Key details

• Purchaser: Huan Liu, Chief Executive Officer, director, and Chairman of the Board.
• Shares: 100,000 shares of Class B common stock, par value $0.0001 per share.
• Price and proceeds: $3.30 per share; aggregate gross proceeds of $330,000.
• Dates: Purchase Agreement dated Oct 7, 2026; transaction closed on Oct 9, 2026.

Why it may matter The filing reports Item 1.01 (entry into a material definitive agreement) and Item 3.02 (unregistered sale of equity securities), which cover the Securities Purchase Agreement and the sale of the shares to the insider. The filing does not show why the insider traded or why the company acted.