At a special meeting held on September 30, 2024, Cheetah Net Supply Chain Service shareholders approved several significant proposals. The most notable was the authorization of a reverse stock split at a ratio between 1:10 and 1:30, to be determined by the board of directors. The measure received strong support with 129.6 million votes in favor.Stockholders also approved the Amended and Restated 2024 Stock Incentive Plan, which removes the maximum share limit for automatic increases in available grants. The proposal garnered 127.5 million favorable votes. Additionally, the company's Articles of Incorporation were amended and restated to their fourth version to accommodate these changes.The meeting demonstrated strong shareholder engagement, with Class B stockholders showing unanimous support for the reverse split proposal. The company also received approval for potential meeting adjournments if needed for further proxy solicitation.

At a special meeting held on September 30, 2024, Cheetah Net Supply Chain Service shareholders approved several significant proposals. The most notable was the authorization of a reverse stock split at a ratio between 1:10 and 1:30, to be determined by the board of directors. The measure received strong support with 129.6 million votes in favor.Stockholders also approved the Amended and Restated 2024 Stock Incentive Plan, which removes the maximum share limit for automatic increases in available grants. The proposal garnered 127.5 million favorable votes. Additionally, the company's Articles of Incorporation were amended and restated to their fourth version to accommodate these changes.The meeting demonstrated strong shareholder engagement, with Class B stockholders showing unanimous support for the reverse split proposal. The company also received approval for potential meeting adjournments if needed for further proxy solicitation.