Charles & Colvard LTD 8-K filings
Current reports — the filing a company makes when something happens that shareholders need to know about before the next quarterly report.
Charles & Colvard, Ltd. has filed its monthly operating report for June 2026, detailing its financial activities and progress in its Chapter 11 bankruptcy case.
Charles & Colvard, Ltd. has filed its monthly operating report for May 2026, detailing its financial activities and Chapter 11 proceedings, including a cash loss for the period.
Charles & Colvard, Ltd. has finalized the sale of its assets to AJS Creations, Inc. for $2.7 million, concluding its Chapter 11 bankruptcy proceedings.
Charles & Colvard, Ltd. has entered into an agreement to sell its assets to AJS Creations, Inc. for $2.7 million following a court-approved auction.
Charles & Colvard secures court approval for stalking horse bidder in its ongoing Chapter 11 bankruptcy proceedings.
Charles & Colvard has entered into an asset purchase agreement with Van Lang Jewelry LLC as part of its ongoing Chapter 11 bankruptcy proceedings.
Charles & Colvard, Ltd. has obtained a $1 million senior secured superpriority debtor-in-possession credit facility from Van Lang Jewelry LLC to fund operating expenses and administrative costs during its Chapter 11 bankruptcy case.
Charles & Colvard announced a board member's resignation, a reduction in board size, and the extension of its Executive Chair's term with revised compensation.
Charles & Colvard, Ltd. filed an amendment to correct its outstanding share count after invalidating a $200,000 convertible note conversion due to lack of shareholder approval and a subsequent default.
Charles & Colvard, Ltd. announced the termination of President and CEO Don O'Connell, with Board Chair Michael Levin appointed as Executive Chair to lead the company and search for a new CEO.
Charles & Colvard, Ltd. faces a default on a $2.0 million convertible secured note, a board member's resignation, and ongoing litigation regarding its annual meeting.
Charles & Colvard, Ltd. announced a delay in reporting the results of its 2025 Annual Meeting of Shareholders, specifically the election of five board nominees, due to pending legal challenges.
Charles & Colvard, Ltd. announced its 2025 Annual Meeting of Shareholders will be held on October 13, 2025, primarily to elect directors, following a court order.
Charles & Colvard, Ltd. converted $200,000 of a convertible secured note held by Ethara Capital LLC into 1,353,180 shares of common stock at $0.1478 per share.
Charles & Colvard, Ltd. has approved its Fiscal 2026 Executive Incentive Program, authorizing 1,338,000 Restricted Stock Units to align management and director interests with shareholders.
A North Carolina court has ordered Charles & Colvard, Ltd. to hold its 2025 Annual Shareholder Meeting on October 13, 2025, following an application by shareholder RiverStyx Fund, LP.
Charles & Colvard, Ltd. completed the final $1.5 million tranche of its $2.0 million convertible secured note agreement, simultaneously announcing significant board changes including a new Chairman and the waiver of severance benefits by its top executives.
Charles & Colvard, Ltd. has entered into a $2.0 million convertible secured note purchase agreement with Ethara Capital LLC, providing crucial capital in two tranches while granting the investor significant governance rights and imposing restrictive covenants.
8-K: Charles & Colvard Announces Delisting from Nasdaq Due to Non-Compliance with Filing Requirements
Charles & Colvard will be delisted from the Nasdaq Stock Market due to its failure to timely file its Forms 10-Q for the quarters ended September 30 and December 31, 2024.
Charles & Colvard amends employment agreements with its CEO and CFO to defer a portion of their salaries as part of cost-cutting measures.
Charles & Colvard received a Nasdaq notice on February 25, 2025, indicating continued non-compliance with listing rules due to the delayed filing of multiple financial reports.
Charles & Colvard settles arbitration with Wolfspeed, terminating their exclusive supply agreement and agreeing to pay $4.77 million.
Charles & Colvard announces the resignation of a board member and an amendment to its bylaws regarding the size of the board.
Charles & Colvard received an interim arbitration award that significantly reduced the damages claimed by Wolfspeed, allowing the company to move forward with its strategic plans.
Charles & Colvard has received a notice from Nasdaq for failing to file its quarterly and annual financial reports on time, putting its listing at risk.
Charles & Colvard has filed a notification of late filing for its quarterly report for the period ended September 30, 2024, including preliminary financial estimates.
Charles & Colvard, Ltd. has renewed its $5 million cash-secured credit facility with JPMorgan Chase Bank, effective October 31, 2024, to support general corporate and working capital needs.
Charles & Colvard has received a notice from Nasdaq for failing to file its annual report on time, putting the company at risk of delisting if compliance is not regained.
Charles & Colvard anticipates a 25% decrease in net sales to $22.5 million and a significant net loss for fiscal year 2024, compared to the previous year.
Charles & Colvard, Ltd. has renewed its $5 million cash-secured credit facility with JPMorgan Chase Bank, extending the maturity date to October 31, 2024.