Takeover Time 2026 LLC Discloses 62.45% Stake in Cheetah Net, Seeks Board Seat
CTNT sits 21% above its 52-week low of $0.039 on elevated volume (4.6× avg).
Summary
Takeover Time 2026 LLC, controlled by Natasha Ovsepyan, disclosed a 62.45% stake in Cheetah Net acquired for $84,995.46 and stated it intends to seek a board seat for Ovsepyan.
Key Events · Ownership and Investor Activity · CTNT
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62.45% Stake Acquired
Takeover Time 2026 LLC purchased 1,846,000 shares of Class A common stock for $84,995.46 at an average price of approximately $0.04604 per share on September 17, 2026, representing 62.45% of the class based on 2,955,935 outstanding shares.
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Board Seat Demand
Natasha Ovsepyan, sole member and managing member of Takeover Time 2026 LLC, intends to seek a seat on Cheetah Net's Board of Directors and requests that the Board promptly contact her to initiate discussions regarding board representation.
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Funding Source
The purchase was funded with personal funds contributed by Natasha Ovsepyan, the LLC's sole member.
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Distressed Backdrop
The stake acquisition follows Cheetah Net's preparation of a 1-for-2,000 reverse split to meet Nasdaq listing requirements, disclosure of ineffective internal controls and going-concern considerations in its August 2026 10-Q, and reliance on ATM offerings for cash.
Analysis · CTNT · Trade & Services
A newly formed Delaware LLC, Takeover Time 2026 LLC, has acquired 1,846,000 shares of Cheetah Net's Class A common stock for $84,995.46 at an average price of approximately $0.04604 per share, giving it beneficial ownership of roughly 62.45% of the class based on 2,955,935 outstanding shares. The sole member and managing member, Natasha Ovsepyan, states the LLC intends to seek a seat on the Issuer's Board of Directors and requests that the Board promptly contact her to initiate discussions regarding board representation. This is a control-level stake acquired in a single transaction, and the board-seat demand signals an activist posture. The acquisition comes against a backdrop of severe distress at Cheetah Net: a 1-for-2,000 reverse split was being prepared in June 2026 to meet Nasdaq listing requirements, the company disclosed ineffective internal controls and going-concern considerations in its August 2026 10-Q, and it has been relying on ATM offerings for cash. A new 62.45% owner demanding board representation is a material governance event that could reshape control of the company.
How filings like this one have moved
In the 30 days to Sep 26, 2026, 42.7% of the 328 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.40%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CTNT was trading at $0.05 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $144.1K. The 52-week trading range was $0.04 to $424.00. This filing was assessed with neutral market sentiment and an importance score of 9 out of 10.