Cheetah Net Supply Chain Service Inc. Announces Pricing of $8.19 Million Follow-on Public Offering [Yahoo! Finance]
Cheetah Net Supply Chain Service Inc. (CTNT)
Company Research
Source: Yahoo! Finance
of parallel-import vehicles sourced in the U.S. to be sold in the PRC market and a logistic and warehouse service provider, today announced the pricing of its follow-on offering of 13,210,000 shares of Class A common stock. Each share of Class A common stock is being sold at an offering price of $0.62, for gross proceeds of $8,190,200, before deducting placement agent fees and other offering fees and expenses. All shares of Class A common stock are being offered by the Company. Cheetah Net intends to use the net proceeds received from the offering to fund working capital and to develop its warehousing and logistics services. The offering is expected to close on or about May 15, 2024, subject to satisfaction of customary closing conditions. AC Sunshine Securities LLC is acting as the sole placement agent in connection with the offering. The securities described above are being offered by the Company pursuant to a registration statement on Form S-1, as amended (File No. 333-276300
Show less
Read more
Impact Snapshot
Event Time:
CTNT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CTNT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CTNT alerts
High impacting Cheetah Net Supply Chain Service Inc. news events
Weekly update
A roundup of the hottest topics
CTNT
News
- Cheetah Net Supply Chain Service Inc. (NASDAQ: CTNT) had its "hold" rating re-affirmed by analysts at Maxim Group.MarketBeat
- Cheetah Net Supply Chain Service Inc. Announces Closing of $8.19 Million Follow-on Public Offering [Yahoo! Finance]Yahoo! Finance
- Cheetah Net Supply Chain Service Inc. Announces Closing of $8.19 Million Follow-on Public OfferingGlobeNewswire
- Cheetah Net Supply Chain Service Inc. Announces Pricing of $8.19 Million Follow-on Public OfferingGlobeNewswire
- Cheetah Net Supply Chain Service Inc. Announces 1st Quarter 2024 Results and Provides Corporate UpdateGlobeNewswire
CTNT
Sec Filings
- 6/13/24 - Form 4
- 6/13/24 - Form SC
- 6/3/24 - Form 4
- CTNT's page on the SEC website