GlobeNewswire·Apr 16, 2026, 9:00 AM ET

Cheetah Net Supply Chain Service Inc. enters Agreement to Acquire Super International Trading Limited

Cheetah Net Supply Chain Service Inc. announced a Share Transfer Agreement to acquire 100% of Super International Trading Limited from a non-U.S. individual.
Super International is a Hong Kong-based limited liability company focused on trading large-scale industrial equipment.
The aggregate purchase price for the acquisition is approximately $4.98 million, payable in cash.
Closing of the acquisition is expected within three months of the agreement execution, subject to customary conditions.
The agreement includes post-closing performance provisions requiring Super International to achieve a minimum of $10 million in annual revenue for three years following closing.
The Transferor must compensate the Company in cash for any revenue shortfalls against the $10 million threshold, while the Company will provide additional consideration for revenues exceeding that threshold over a five-year period.
Upon completion, Super International will become a wholly owned subsidiary of Cheetah Net.
The acquisition aims to enhance cross-border trading capabilities, expand supply chain services, and create strategic synergies with existing logistics infrastructure.