Takeover Time 2026 LLC is urging shareholders of Cheetah Net Supply Chain Service Inc. (CTNT) to demand accountability for significant stock price losses and controversial board actions, including reverse splits and equity issuances that restored CEO Huan Liu's majority voting control. Despite these moves, CTNT's stock has plummeted over 99% since mid-2026, raising concerns about management decisions and governance, including unsecured overseas loans and lack of full board meetings. Takeover Time is leading a contested board replacement campaign, encouraging shareholders to use their votes through a green consent card to support new director nominees and challenge the current board's control. A court hearing is scheduled for November 18, 2026, to address disputes over voting rights and board control. This campaign highlights the struggle for shareholder rights and transparency in CTNT's governance.
The story about CTNT's board and shareholder dispute is presented here with Industrials-sector market data for context. For readers following Industrials, 94 of 135 priced US stocks rose while 15 fell on Pluang as of Nov 09, 2026 18:11 WIB. Notable movers include TRMD at USD 35.85 with a 1-day change of +4.25%, DHT at USD 21.45 with +3.72%, and QXO at USD 11.95 with +3.37%.
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