Charles & Colvard LTD DEF 14A proxy statements

Proxy statements, covering the matters put to shareholders at the annual meeting — board elections, auditor ratification and executive pay.

Activist investor Riverstyx Capital Management is soliciting proxies to elect four nominees to Charles & Colvard's board, citing poor financial discipline and dilutive stock issuances.
A North Carolina Business Court Order mandates Charles & Colvard to hold its 2025 Annual Shareholder Meeting on October 13, 2025, following an application by shareholder RiverStyx Fund, LP.
Charles & Colvard has invalidated Riverstyx Capital Management's director nominations for its upcoming Annual Meeting due to non-compliance with the company's bylaws.
Charles & Colvard is asking shareholders to approve a reverse stock split to increase its share price and regain compliance with Nasdaq's minimum bid price requirement.