Cheetah Net Supply Chain Service Inc.

Cheetah Net Supply Chain Service Inc. (CTNT) priced its initial public offering on Aug 2, 2023 at $4.00 per share, raising $5M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $33.7M. Maxim Group was lead-left underwriter. Hunter Taubman Fischer & Li advised the company and Loeb & Loeb advised the underwriters.

Cheetah Net Supply Chain Service Inc. supplies parallel-import vehicles sourced in the United States for sale in the Chinese market. These are vehicles bought by dealers directly from overseas markets and imported through channels other than manufacturers' official distribution systems.

Status

IPO

Ticker

CTNT

Exchange

Nasdaq Capital Market

Priced

Aug 2, 2023

IPO price

$4.00

Raised

$5M

Market cap at IPO price

$33.7M

First filed

Apr 7, 2023

Underwriters

Maxim Group

Company counsel

Hunter Taubman Fischer & Li

Underwriters' counsel

Loeb & Loeb

Sector

Consumer

Country / state

CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.