CHEETAH NET SUPPLY CHAIN SERVICE INC. (CTNT) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
CTNT currently has 391M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 1566.25% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 1 stock split (positive for accessibility) and 2 reverse splits (concerning signal).
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 14, 2026 |
10-Q filing | 391.2M shares outstanding |
390M | 0 |
| Apr 24, 2026 |
Stock Split
8-K filing: Cheetah Net Supply Chain Service Inc. implemented a 1-for-200 reverse stock split effective April 20, 2026, and also sold 355,000,000 shares of Class A Common Stock in "at-the-market" transactions. |
390M | 0 |
| Mar 20, 2026 |
10-K filing | 36.2M shares outstanding |
36M | 0 |
| Jan 29, 2026 |
8-K filing: Cheetah Net Supply Chain Service Inc. entered into stock purchase agreements to sell 33,450,000 shares of Class A common stock at an aggregate amount of $40.14 million. ($40.14M proceeds) |
2.7M | 960K |
| Nov 07, 2025 |
10-Q filing | 2.7M shares outstanding |
2.7M | 960K |
| Aug 04, 2025 |
10-Q filing | 2.7M shares outstanding |
2.7M | 1M |
| May 05, 2025 |
10-Q filing | 2.7M shares outstanding |
2.7M | 1M |
| Mar 12, 2025 |
10-K filing | 3.2M shares outstanding |
3.2M | 470K |
| Dec 20, 2024 |
8-K filing: Cheetah Net Supply Chain Service Inc. closed the acquisition of TW & EW Services Inc on December 19, 2024, issuing a total of 469,484 shares of Class A common stock to Jiancheng Li, Weishu Guo, and Jianhui Li, in addition to a $200,000 cash payment. |
2M | 1.7M |
| Dec 03, 2024 |
8-K filing: Cheetah Net Supply Chain Service Inc. entered into a stock purchase agreement to acquire TW & EW Services Inc., issuing shares of Class A common stock valued at $800,000 at a per-share price of $1.704, along with a cash payment of $200,000. ($0.8M proceeds) |
2M | 1.7M |
| Nov 13, 2024 |
10-Q filing | 2.0M shares outstanding |
2M | 1.7M |
| Oct 21, 2024 |
Stock Split
8-K filing: Stock split 1-for-16 | Outstanding: 30,627,992 → 1,914,249 |
1.9M | 1.8M |
| Aug 28, 2024 |
S-3 filing: This is an S-3 filing for Cheetah Net, a provider of logistics and warehousing services. It discusses recent developments, including the closing of two public offerings of Class A common stock in May and July 2024. |
31M | 28M |
| Aug 13, 2024 |
10-Q filing | 8.3M shares outstanding |
8.3M | 31M |
| Jul 26, 2024 |
8-K filing: Cheetah Net Supply Chain Service Inc. closed a follow-on offering of 6,479,663 shares of Class A common stock at $0.23 per share on July 26, 2024. ($1.49M proceeds) |
32M | 7M |
| Jul 10, 2024 |
S-1 filing: This is an S-1 filing for a company offering Class A common stock on a best efforts basis, intending to use the proceeds for general corporate purposes, warehousing and logistics services, and potential acquisitions and investments. |
32M | 7M |
| May 15, 2024 |
8-K filing: Cheetah Net Supply Chain Service Inc. completed a public offering of 13,210,000 shares of Class A common stock at $0.62 per share, resulting in gross proceeds of approximately $8.19 million before fees. ($8.19M proceeds) |
8.3M | 11M |
| May 13, 2024 |
10-Q filing | 8.3M shares outstanding |
8.3M | 11M |
| Mar 28, 2024 |
S-1/A filing: S-1/A filing for up to 10,000,000 shares of Class A common stock on a best efforts basis at an assumed offering price of $2.11 per share. |
19M | 480K |
| Mar 18, 2024 |
10-K filing | 8.3M shares outstanding |
8.3M | 1.4M |
| Dec 28, 2023 |
S-1 filing: This is a public offering of shares of Class A common stock of Cheetah Net Supply Chain Service Inc., on a best effort basis. |
9.7M | 0 |
| Nov 09, 2023 |
10-Q filing | 9.7M shares outstanding |
9.7M | 0 |
| Sep 05, 2023 |
10-Q filing | 16.7M shares outstanding |
17M | 0 |
| Aug 03, 2023 |
8-K filing: Cheetah Net Supply Chain Service Inc. completed its initial public offering of 1,250,000 shares of Class A common stock at $4.00 per share on August 3, 2023. ($5.0M proceeds) |
17M | 0 |
| Jun 20, 2023 |
S-1/A filing: This is an S-1/A filing for an initial public offering of Class A common stock, with an estimated price range of $4.00 to $6.00 per share, and includes the issuance of warrants to the representative. |
17M | 1.3M |
| May 23, 2023 |
S-1/A filing: This is an S-1/A filing for an initial public offering of Class A common stock with an estimated price range of $4.00 to $6.00 per share, with Maxim Group, LLC as the underwriter. The company intends to use the proceeds from this offering to fund working capital and for other general corporate purposes. |
17M | 2.1M |
| May 03, 2023 |
S-1/A filing: The filing is an S-1/A registration statement for a proposed offering of Class A common stock, including primary shares, option shares, warrants, and shares issuable upon exercise of the warrants. |
17M | 2.5M |
| May 01, 2023 |
S-1/A filing: This is an initial public offering of Class A common stock with an estimated price range of $4.00 to $6.00 per share. The company intends to use the proceeds from this offering to fund working capital and for other general corporate purposes in support of its current business. |
17M | 2.1M |
| Apr 07, 2023 |
S-1 filing: This is an initial public offering of Class A common stock for Cheetah Net Supply Chain Service Inc. |
17M | 0 |