Cheetah Net Implements Major Reverse Stock Split Initiative

Cheetah Net Supply Chain Service, Inc. Class A ( (CTNT) ) has shared an update.

Cheetah Net Supply Chain Service Inc., a Delaware corporation with dual-class common stock, relies on significant voting control by Class B shareholders and uses public equity offerings, such as at-the-market sales, to raise capital. As of April 23, 2026, the company had 391,177,712 pre-split Class A shares outstanding following sizable at-the-market issuances under a March 31, 2026 sales agreement.

On February 3, 2026, the board and holders of approximately 79.16% of voting power approved potential reverse stock split amendments, which became effective March 10, 2026, culminating in a 1-for-200 reverse split implemented at 8:00 a.m. Eastern Time on April 20, 2026. The split reduced Class A shares to 1,955,889 and Class B shares to 3,455, preserved par value, adjusted stock plan awards proportionately, and is expected to result in split-adjusted Class A trading with a new CUSIP on April 29, 2026.

Spark’s Take on CTNT Stock

According to Spark, TipRanks’ AI Analyst, CTNT is a Neutral.

The score is primarily held down by severe income-statement deterioration and very weak technical momentum. Improved deleveraging and stronger recent cash generation provide partial support, but loss-making status (negative P/E) and equity-financing/dilution considerations from recent corporate actions limit the overall outlook.

To see Spark’s full report on CTNT stock, click here.

More about Cheetah Net Supply Chain Service, Inc. Class A

Cheetah Net Supply Chain Service Inc. is a Delaware-based company whose Class A and Class B common stock is publicly traded, with capital structure decisions overseen by a board and controlling Class B shareholders. The firm utilizes equity issuance, including at-the-market offerings, as part of its financing strategy to support its operations and growth in the capital markets.

Average Trading Volume: 50,071,590

Technical Sentiment Signal: Sell

Current Market Cap: $1.22M

See more insights into CTNT stock on TipRanks’ Stock Analysis page.