Cheetah Net (CTNT) Proxy filing summary

Executive summary

• Acknowledged Takeover Time 2026 LLC’s revised preliminary consent solicitation to remove and replace the Board; stated that further information would be communicated as appropriate.

• Priorities include protecting stockholder value, strengthening governance and financial reporting, and providing information for informed decisions.

Voting matters and shareholder proposals

• Takeover Time 2026 LLC and its group are soliciting written consents to remove and replace Board members.

• Plans to file a preliminary consent revocation statement with a WHITE revocation card opposing the solicitation; stockholders are urged to review future materials before acting.

• Encouraged stockholders to evaluate all candidates’ qualifications, independence, experience, and proposed priorities.

Board of directors and corporate governance

• Board emphasized its responsibility to protect all stockholders and called for effective internal controls, disciplined capital allocation, and independent oversight of significant financial and strategic decisions.

• Reviewing potential effects of Board replacement on management oversight, contractual commitments, financing arrangements, and strategic initiatives.