Cheetah's Strategic Move: Acquiring TW & EW for Logistics Boost

Cheetah Net Supply Chain Service Inc. (CTNT) has made headlines with its plans to acquire TW & EW Services Inc., a strategic move aimed at strengthening its position in the logistics sector. The definitive agreements for the acquisition were signed on December 2, 2024, and are expected to close on December 4, 2024. This acquisition signals Cheetah's commitment to expanding its service offerings and solidifying its position as a key player in the supply chain industry.



The total cost of the acquisition is approximately $1 million, comprising a cash payment of $200,000 and $800,000 in unregistered Class A common stock, priced at $1.704 per share. Following the acquisition, TW & EW will become a wholly owned subsidiary of Cheetah, further bolstering its operational capabilities.

Tony Liu, Chairman and CEO of Cheetah, expressed his enthusiasm about the upcoming integration, stating, "With the Agreements now executed, we look forward to closing the Acquisition and to integrating TW & EW's operations into Cheetah as soon as possible. This move strengthens our position in the logistics sector by incorporating TW & EW's expertise in general labor and logistics support services, enabling us to streamline operations and create additional value for our stakeholders. With this acquisition, we look forward to delivering enhanced services to both current and future customers."

The acquisition of TW & EW presents an opportunity for Cheetah to create additional service opportunities and strengthen its position as a comprehensive supply chain solutions provider. By integrating TW & EW's expertise in general labor and logistics support services, Cheetah can streamline operations and deliver enhanced services to both current and future customers. This strategic move positions Cheetah as a strong competitor in the logistics sector, creating additional value for its stakeholders.

In conclusion, Cheetah's acquisition of TW & EW Services Inc. is a strategic realignment aimed at enhancing its logistics capabilities and service offerings. This move aligns with Cheetah's commitment to adapting to evolving market conditions and delivering value to its stakeholders through strategic realignment and service expansion. As the acquisition closes, investors should keep a close eye on Cheetah's performance and the integration of TW & EW's operations to assess the potential synergies and long-term impact on the company's value.