Cheetah Net Raises $40 Million in Offshore Placement

NodeGuardian · 2026-02-21T15:55:32+00:00

Cheetah Net Supply Chain Service, Inc. raised $40.14 million by selling Class A shares to non-U.S. investors, boosting its capital for growth. However, TipRanks' AI Analyst rates CTNT as Neutral due to weak financial performance and bearish trends.

NodeGuardian

2026-02-21 15:55:32

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Cheetah Net Supply Chain Service, Inc. (CTNT) recently raised $40.14 million through a private placement of 33,450,000 Class A common shares to non-U.S. investors under Regulation S. This offshore share sale strengthens the company’s capital base and enhances its financial flexibility for supply chain operations and growth. TipRanks’ AI Analyst, Spark, rates CTNT as Neutral due to weak financial performance and a bearish technical trend, despite the modest benefit of improved financing flexibility.

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