Business Context and Reporting Period
This Form 8-K Current Report is filed by Cheetah Net Supply Chain Service Inc. (CTNT), a Delaware corporation and emerging growth company. The report covers events occurring on May 29, 2026, with the filing date of June 4, 2026. The primary subject of the filing is the resignation of the Company's Chief Financial Officer and the subsequent appointment of an interim successor.
Key Financial Metrics
This filing does not contain standard financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The only financial figure disclosed relates to a specific executive compensation arrangement:
- Separation Payment: A stock incentive payment of US$50,000 to be settled in cash (less withholdings) for the departing CFO.
Material Changes
The filing reports a material change in corporate leadership:
- Resignation: Cindy Tang resigned as Chief Financial Officer (CFO), effective May 29, 2026. The resignation was accepted by the Board of Directors.
- Interim Appointment: Huan Liu, the Company's Chairman of the Board and Chief Executive Officer, has assumed the duties of interim CFO and principal financial/accounting officer effective immediately.
- Reason for Departure: The Company states the resignation was not the result of any disagreement regarding operations, policies, or practices.
Guidance, Outlook, and Risks
Management Commentary and Agreements:
- The Board intends to conduct a search for internal and external candidates to fill the CFO vacancy.
- A Separation Agreement and Mutual General Release was executed on June 4, 2026. This agreement includes confidentiality, non-disparagement, and release of claims provisions.
- The $50,000 payment is contingent upon Ms. Tang's execution and non-revocation of the agreement.
Risks and Contingencies:
- The filing does not disclose specific new risks or contingencies beyond the operational transition of the CFO role.
- There is no forward-looking guidance or financial outlook provided in this document.
Investor Verification Checklist
- Verify the timeline for the search and appointment of a permanent CFO.
- Review the full text of the Resignation Agreement (Exhibit 10.1) for additional covenants or conditions not summarized in the 8-K.
- Monitor future filings for any impact on the Company's financial reporting or internal controls due to the interim CFO arrangement.
- Confirm that no undisclosed disagreements exist between the departing CFO and the Board, as stated in the filing.