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 Ltd filed a Form D reporting a Regulation D, Rule 506(b) exempt equity offering. The company set a total offering amount of $200,000, and reports $200,000 sold with $0 remaining. The first sale date is listed as 2025-08-29 and the notice was signed by the Chief Financial Officer on 2025-09-12. The filing indicates the offering is not intended to last more than one year, the minimum investment accepted is $0, no sales commissions or finders' fees were paid, and $0 of proceeds are designated for executive officers, directors, or promoters. The issuer identified one current investor and selected Rule 506(b) as the claimed exemption.
Charles & Colvard, Ltd. reported that it has given notice of its 2025 Annual Meeting of Shareholders to shareholders of record as of August 29, 2025. The notice was sent on September 12, 2025, and explains how shareholders can participate in the upcoming annual meeting and exercise their voting rights.
The company has attached the full Notice of Annual Meeting of Shareholders as an exhibit so investors can review the meeting details, proposed matters for shareholder action, and related procedural information.
Riverstyx Capital Management and affiliated parties report a 7.4% stake in Charles & Colvard Ltd. On August 22, 2025 the Reporting Persons delivered a nomination notice to the issuer nominating Ben Franklin, Michael R. Levin, and Lloyd M. Sems for election to the company’s board at the 2025 Annual Meeting. The filing states the Reporting Persons intend to solicit proxies and may file additional solicitation materials and engage with management, the board, other shareholders, and interested parties about the issuer’s business, governance, strategy, and structure. The filing lists shared voting and dispositive power over 232,106 shares and aggregate beneficial ownership of 232,106 (Ben Franklin holds 232,206 reported aggregated for certain rows).
Amendment No. 1 to a Schedule 13D filed by Duc Pham (also shown as Pham Duc Hoang) reports an active effort to seek election to the board of Charles & Colvard, Ltd. The filing states the reporting person beneficially owns 299,900 shares of common stock and delivered a written advance notice nominating himself for the 2025 annual meeting. He intends to solicit proxies representing at least 67% of voting power and will furnish a universal proxy card in accordance with Rule 14a-19. The filing discloses an irrevocable, meeting-limited proxy from Don Pham covering 144,000 shares for the 2025 meeting; the reporter paid $10,000 for that proxy and the proxy does not transfer economic or dispositive power. The filer reports no additional purchases since the original filing and identifies his occupation as a Senior Engineer at Apple Inc.
Riverstyx-affiliated holders report beneficial ownership of 232,106 shares, representing 7.4% of Charles & Colvard Ltd. The filing states that the Riverstyx Fund, LP submitted a notice nominating three individuals—Ben Franklin, Michael R. Levin, and Lloyd M. Sems—for election to the issuer's board and that the nominees' consents are filed as an exhibit. The reporting entities include Riverstyx Capital Management LLC, The Riverstyx Fund, LP, Riverstyx Fund, GP and Ben Franklin, each disclosing shared voting and dispositive power over the reported position.
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.