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Cheetah Net Supply Chain Service Inc. Enters into Agreement to Acquire JoyPak Supply LLC

CTNT
  • Cheetah Net Supply Chain Service Inc. (Nasdaq CM: CTNT) announced it entered a Membership Interest Purchase Agreement to acquire 100% of JoyPak Supply LLC from a Delaware & Texas limited liability company.
  • The aggregate purchase price for the acquisition is $788,000, to be paid in cash.
  • Closing of the acquisition is expected within four weeks of the agreement execution, subject to due diligence completion & other closing conditions.
  • Upon completion, JoyPak will become a wholly owned subsidiary of Cheetah.
  • The acquisition aims to diversify Cheetah's product mix, enabling entry into consumer, beauty, personal care, & everyday-use product categories.
  • The move supports Cheetah's broader business diversification efforts & long-term growth strategy.
  • Cheetah operates in logistics, warehousing, & international trading, having started large-scale industrial equipment trading in May 2026 following its acquisition of Super International Trading Limited.