Beneficial Ownership Report · SCHEDULE 13D/A
Cheetah Net Supply Chain Service Inc
CTNTNASDAQEQUITYCurrent
Beneficial Ownership Report
Structured filing — SCHEDULE 13D/A
primary_doc.xml
Amendment · This filing reports the amendment as submitted.
Subject company
- Company
- CHEETAH NET SUPPLY CHAIN SERVICE INC.
- Company CIK
- 0001951667
- Street
- 8707 RESEARCH DRIVE
- Street (continued)
- 8707 RESEARCH DRIVE
- City
- IRVINE
- State / country code
- CA
- Postal code
- 92618
Statement details
- Amendment number
- 1
- Security class
- Class A common stock
- Event date
- 09/17/2026
- Previously filed indication
- false
Authorized notification person 1
- Name
- Natasha Ovsepyan
- Phone
- 206-412-0554
- Street
- 8403 NE 138TH ST
- City
- Kirkland
- State / country code
- WA
- Postal code
- 98034
Reporting person 1
- Name
- Takeover Time 2026 LLC
- Reporting person CIK
- 0002107788
- No reporting person CIK indication
- N
- Citizenship / organization
- DE
- Reporting person type
- OO
- Source of funds code
- PF
- Legal proceedings indication
- N
- Aggregate amount owned
- 1,846,000.00
- Percent of class
- 0.9
- Sole voting power
- 1,846,000.00
- Shared voting power
- 0.00
- Sole dispositive power
- 1,846,000.00
- Shared dispositive power
- 0.00
- Aggregate excludes certain shares
- N
Item 1
Issuer
CHEETAH NET SUPPLY CHAIN SERVICE INC.
Security title
Class A common stock
Principal address
Item 2
Citizenship
Takeover Time 2026 LLC: Delaware limited liability company. Natasha Ovsepyan: United States citizen.
Principal occupation
Takeover Time 2026 LLC is a Delaware limited liability company engaged in securities investment and related investment activities. Natasha Ovsepyan is the sole owner and Managing Member of Takeover Time 2026 LLC, whose principal business address is provided in Item 2(b).
Filing person
Takeover Time 2026 LLC, a Delaware limited liability company. Natasha Ovsepyan is its sole member and managing member.
Criminal proceedings response
During the last five years, neither Takeover Time 2026 LLC nor Natasha Ovsepyan has been convicted in a criminal proceeding, excluding traffic violations or similar misdemeanors.
Proceedings description
During the last five years, neither Takeover Time 2026 LLC nor Natasha Ovsepyan has been a party to a civil proceeding described in Item 2(e) of Schedule 13D.
Principal business address
8403 NE 138TH ST, Kirkland, WA 98034
Item 3
Source of funds
The Reporting Person purchased 1,846,000 shares for $84,995.46 using personal funds contributed by its sole member, Natasha Ovsepyan.
Item 4
Purpose of transaction
I am deeply dissatisfied with the Company's recent actions and the substantial dilution imposed on existing shareholders. The issuance of such a significant number of additional shares has materially diluted the ownership percentage of existing shareholders generally, including my own, despite the fact that existing shareholders continue to hold their shares. This is not simply an issue affecting my individual investment. The Company's actions have affected the ownership position of existing shareholders as a whole, and I believe shareholders deserve transparency regarding the circumstances surrounding these transactions, including the number of shares issued, the recipients or manner of distribution, the consideration received, and the purpose of the transactions. I am also particularly concerned about the trading activity on September 22, 2026. Publicly available market data reflects that more than 150 million shares traded that day, an extraordinarily high volume compared with approximately 199.8 million Class A shares reported outstanding as of September 22 on a pre-split basis. Despite this extraordinary trading volume, the share price remained depressed. This raises serious questions about the amount of shares being supplied into the market and whether the available supply substantially exceeded the underlying demand. Shareholders are not stupid, and we are paying close attention to what has occurred. The extraordinary trading volume, together with the continued depressed share price, warrants scrutiny of the circumstances surrounding that supply. We deserve answers and transparency. I do not accept the Company's treatment of existing shareholders or the extent of the dilution without scrutiny. I will continue to review the Company's filings, transactions, and trading activity and pursue all lawful avenues available to me as a shareholder. This isn't over. I will continue to advocate for shareholders and for transparency, accountability and fair treatment. I will also continue to pursue changes to the Company's Board of Directors and management, including seeking the replacement of the current Chief Executive Officer, through lawful shareholder and corporate-governance processes. I intend to continue pushing for meaningful change and will not stop simply because the Company's recent actions have changed the ownership structure.
Item 5
Number of shares
Takeover Time 2026 LLC has sole voting and dispositive power over 1,846,000 shares of the Issuer's Class A common stock. Natasha Ovsepyan, as the LLC's sole member and managing member, exercises control over these shares.
Transactions
The Reporting Person has not effected any transactions in the Issuer's Class A common stock since the filing of its Schedule 13D on September 21, 2026.
Other persons with an interest
No person other than the Reporting Person and Natasha Ovsepyan, in her capacity as sole member and managing member of the Reporting Person, is known to have the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the shares beneficially owned by the Reporting Person.
Date ownership ceased to exceed 5%
As a result of the increase in the number of shares of Class A common stock outstanding, on September 22, 2026, the Reporting Person ceased to be the beneficial owner of more than five percent of the class
Percentage of class
Takeover Time 2026 LLC beneficially owns 1,846,000 shares of th eIssuer's Class A common stock, representing approximately 0.92% of the class based on 199,805,935 shares of Class A common stock issued and outstanding as of September 22, 2026. Natasha Ovsepyan, as the sole owner and managing member of Takeover Time 2026 LLC, may be deemed to beneficially own the same shares.
Item 6
Contracts and arrangements
Except as disclosed herein, there are no contracts, arrangements, understandings or relationships with respect to the securities of the Issuer.
Signature 1
- Reporting person
- Takeover Time 2026 LLC
- Signed
- Natasha Ovsepyan
- Title
- / s / Natasha Ovsepyan / Managing Member
- Date
- 09/25/2026
Recent company filings
- Other EventsSep 30, 2026
- Material Modification to Rights of Security Holders · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal YearSep 23, 2026
- SCHEDULE 13D - filed by Takeover Time 2026 LLC regarding CHEETAH NET SUPPLY CHAIN SERVICE INC.Sep 21, 2026
- Entry into a Material Definitive Agreement · Regulation FD DisclosureSep 15, 2026
- Entry into a Material Definitive AgreementAug 26, 2026