Welcome to our dedicated page for Charles & Colvard SEC filings (Ticker: CTHR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Charles & Colvard, Ltd. filings document the regulatory record for a North Carolina fine jewelry company specializing in moissanite and lab-grown diamonds. Its 8-K and amended 8-K reports cover material definitive agreements, convertible secured note disclosures, capital-structure changes, and strategic financing arrangements tied to the company’s operating and liquidity position.
The filing record also documents the company’s Chapter 11 bankruptcy petition, debtor-in-possession financing, securities registered under Section 12(b), late-filing notices, board composition changes, executive chair compensation, proxy-solicitation expense reimbursement, and other governance matters. These disclosures frame CTHR’s formal reporting around corporate status, governance, financing, and ongoing operating risks.
Charles & Colvard (NASDAQ: CTHR) filed an 8-K announcing a $2.0 million convertible secured note with Ethara Capital. The financing comes in two closings—$0.5 M by July 8 and $1.5 M by July 23 2025—accrues 5% annual interest payable in cash or PIK, and initially matures three months after issuance, extendable up to 39 months at the lender’s option.
Subject to shareholder approval, Ethara may convert any or all principal and interest into common stock and will receive two board seats (plus two observers after the second closing). The note is secured by substantially all company assets but is subordinated to existing Wolfspeed debt. Within 30 days of the second closing, the company must file a resale registration statement for the conversion shares.
As a condition of the deal, CEO Don O’Connell and CFO Clint Pete waived all severance benefits. No other material changes were disclosed.