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[8-K] Charlotte's Web Holdings, Inc. Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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8-K

Charlotte’s Web Holdings, Inc. announced board changes. Effective November 1, 2025, the company appointed Borgia Walker to its board of directors, following the resignation of Jonathan Atwood effective October 1, 2025. Ms. Walker’s term will run through the 2026 annual general meeting of shareholders.

She was appointed as a British American Tobacco designee under the Investor Rights Agreement dated November 14, 2022. The company disclosed that Ms. Walker is not party to any transaction requiring disclosure under Item 404(a) of Regulation S-K. A press release announced the appointment on October 21, 2025.

Charlotte’s Web Holdings, Inc. ha annunciato cambiamenti nel consiglio. A partire dal 1 novembre 2025, la società ha nominato Borgia Walker nel consiglio di amministrazione, a seguito delle dimissioni di Jonathan Atwood effective dal 1 ottobre 2025. Il mandato della signora Walker durerà fino all’assemblea generale annuale degli azionisti del 2026.

È stata nominata come designata di British American Tobacco ai sensi dell’Investor Rights Agreement datato 14 novembre 2022. La società ha dichiarato che la signora Walker non è parte di alcuna transazione che richieda una disclosure ai sensi della voce 404(a) del Regulation S-K. Un comunicato stampa ha annunciato la nomina il 21 ottobre 2025.

Charlotte’s Web Holdings, Inc. anunció cambios en la junta. A partir del 1 de noviembre de 2025, la empresa designó a Borgia Walker para su junta directiva, tras la renuncia de Jonathan Atwood, vigente a partir del 1 de octubre de 2025. El mandato de la Sra. Walker se extenderá hasta la asamblea general anual de 2026.

Fue designada como designada de British American Tobacco según el Acuerdo de Derechos de Inversor fechado el 14 de noviembre de 2022. La empresa indicó que la Sra. Walker no es parte de ninguna transacción que requiera divulgación conforme al apartado 404(a) del Reglamento S-K. Un comunicado de prensa anunció la designación el 21 de octubre de 2025.

Charlotte’s Web Holdings, Inc. 이사회 변화를 발표했습니다. 2025년 11월 1일부로 회사는 이사회에 Borgia Walker를 임명했으며, 2025년 10월 1일부로 발효된 Jonathan Atwood의 사임에 따른 것입니다. Walker 부인의 임기는 2026년 주주총회까지입니다.

그녀는 2022년 11월 14일자 Investor Rights Agreement에 따라 British American Tobacco의 지명자로 임명되었습니다. 회사는 Walker 부인이 Regulation S-K의 404(a) 항에 따른 공시가 필요한 거래의 당사자가 아님을 밝혔습니다. 이 임명은 2025년 10월 21일에 보도자료로 발표되었습니다.

Charlotte’s Web Holdings, Inc. a annoncé des changements au sein du conseil d’administration. À compter du 1er novembre 2025, la société a nommé Borgia Walker au conseil d’administration, à la suite de la démission de Jonathan Atwood effective le 1er octobre 2025. Le mandat de Mme Walker s’étendra jusqu’à l’assemblée générale annuelle des actionnaires de 2026.

Elle a été nommée en tant que désignée de British American Tobacco en vertu de l’Investor Rights Agreement daté du 14 novembre 2022. La société a déclaré que Mme Walker n’est pas partie à une transaction nécessitant une divulgation en vertu de l’article 404(a) du règlement S-K. Un communiqué de presse a annoncé la nomination le 21 octobre 2025.

Charlotte’s Web Holdings, Inc. gab Änderungen im Vorstand bekannt. Mit Wirkung vom 1. November 2025 hat das Unternehmen Borgia Walker in den Vorstand berufen, nach dem Rücktritt von Jonathan Atwood, der am 1. Oktober 2025 wirksam wird. Die Amtszeit von Frau Walker läuft bis zur Hauptversammlung der Aktionäre 2026.

Sie wurde gemäß dem Investor Rights Agreement vom 14. November 2022 als Beauftragte von British American Tobacco ernannt. Das Unternehmen gab bekannt, dass Frau Walker nicht Partei einer Transaktion ist, die gemäß Item 404(a) der Regulation S-K offengelegt werden muss. Eine Pressemitteilung kündigte die Ernennung am 21. Oktober 2025 an.

Charlotte’s Web Holdings, Inc. أعلنت عن تغييرات في مجلس الإدارة. اعتباراً من 1 نوفمبر 2025، عيّنت الشركة Borgia Walker في مجلس إدارتها، خلفاً لاستقالة Jonathan Atwood الفعالة اعتباراً من 1 أكتوبر 2025. ستكون ولاية السيدة ووكر حتى اجتماع المساهمين العام السنوي لعام 2026.

تم تعيينها كمخصصة من British American Tobacco وفقاً لـ Investor Rights Agreement بتاريخ 14 نوفمبر 2022. كشفت الشركة أن السيدة ووكر ليست طرفاً في أي معاملة تتطلب الإفصاح وفق البند 404(a) من لائحة S-K. أعلن بيان صحفي عن التعيين في 21 أكتوبر 2025.

Charlotte’s Web Holdings, Inc. 宣布董事会变动。自2025年11月1日起,公司任命 Borgia Walker 为董事会成员,继任于2025年10月1日生效的 Jonathan Atwood 辞任。Walker女士的任期将持续到2026年股东大会。

她被根据2022年11月14日的 Investor Rights Agreement 指定为英国美洲烟草的指定人。公司披露,Walker女士并非涉及需按 Regulation S-K 第404(a)条披露的交易方。新闻稿于2025年10月21日宣布此任命。

Positive
  • None.
Negative
  • None.

Insights

Routine board refresh with BAT-aligned appointment; neutral impact.

Charlotte’s Web is filling a vacated seat after Jonathan Atwood resigned effective October 1, 2025. Borgia Walker joins the board effective November 1, 2025 as a designee of British American Tobacco under an existing Investor Rights Agreement from November 14, 2022.

The filing states Ms. Walker has no related-party transactions requiring disclosure under Item 404(a), which simplifies governance considerations. The appointment maintains alignment with BAT’s designation rights without changing capital structure or strategy in this excerpt.

Her term extends through the 2026 AGM; subsequent filings may provide committee assignments or strategic focus areas stemming from her background.

Charlotte’s Web Holdings, Inc. ha annunciato cambiamenti nel consiglio. A partire dal 1 novembre 2025, la società ha nominato Borgia Walker nel consiglio di amministrazione, a seguito delle dimissioni di Jonathan Atwood effective dal 1 ottobre 2025. Il mandato della signora Walker durerà fino all’assemblea generale annuale degli azionisti del 2026.

È stata nominata come designata di British American Tobacco ai sensi dell’Investor Rights Agreement datato 14 novembre 2022. La società ha dichiarato che la signora Walker non è parte di alcuna transazione che richieda una disclosure ai sensi della voce 404(a) del Regulation S-K. Un comunicato stampa ha annunciato la nomina il 21 ottobre 2025.

Charlotte’s Web Holdings, Inc. anunció cambios en la junta. A partir del 1 de noviembre de 2025, la empresa designó a Borgia Walker para su junta directiva, tras la renuncia de Jonathan Atwood, vigente a partir del 1 de octubre de 2025. El mandato de la Sra. Walker se extenderá hasta la asamblea general anual de 2026.

Fue designada como designada de British American Tobacco según el Acuerdo de Derechos de Inversor fechado el 14 de noviembre de 2022. La empresa indicó que la Sra. Walker no es parte de ninguna transacción que requiera divulgación conforme al apartado 404(a) del Reglamento S-K. Un comunicado de prensa anunció la designación el 21 de octubre de 2025.

Charlotte’s Web Holdings, Inc. 이사회 변화를 발표했습니다. 2025년 11월 1일부로 회사는 이사회에 Borgia Walker를 임명했으며, 2025년 10월 1일부로 발효된 Jonathan Atwood의 사임에 따른 것입니다. Walker 부인의 임기는 2026년 주주총회까지입니다.

그녀는 2022년 11월 14일자 Investor Rights Agreement에 따라 British American Tobacco의 지명자로 임명되었습니다. 회사는 Walker 부인이 Regulation S-K의 404(a) 항에 따른 공시가 필요한 거래의 당사자가 아님을 밝혔습니다. 이 임명은 2025년 10월 21일에 보도자료로 발표되었습니다.

Charlotte’s Web Holdings, Inc. a annoncé des changements au sein du conseil d’administration. À compter du 1er novembre 2025, la société a nommé Borgia Walker au conseil d’administration, à la suite de la démission de Jonathan Atwood effective le 1er octobre 2025. Le mandat de Mme Walker s’étendra jusqu’à l’assemblée générale annuelle des actionnaires de 2026.

Elle a été nommée en tant que désignée de British American Tobacco en vertu de l’Investor Rights Agreement daté du 14 novembre 2022. La société a déclaré que Mme Walker n’est pas partie à une transaction nécessitant une divulgation en vertu de l’article 404(a) du règlement S-K. Un communiqué de presse a annoncé la nomination le 21 octobre 2025.

Charlotte’s Web Holdings, Inc. gab Änderungen im Vorstand bekannt. Mit Wirkung vom 1. November 2025 hat das Unternehmen Borgia Walker in den Vorstand berufen, nach dem Rücktritt von Jonathan Atwood, der am 1. Oktober 2025 wirksam wird. Die Amtszeit von Frau Walker läuft bis zur Hauptversammlung der Aktionäre 2026.

Sie wurde gemäß dem Investor Rights Agreement vom 14. November 2022 als Beauftragte von British American Tobacco ernannt. Das Unternehmen gab bekannt, dass Frau Walker nicht Partei einer Transaktion ist, die gemäß Item 404(a) der Regulation S-K offengelegt werden muss. Eine Pressemitteilung kündigte die Ernennung am 21. Oktober 2025 an.

FALSE000175015500017501552025-10-212025-10-21

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________________
FORM 8-K
___________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

October 15, 2025
Date of Report (date of earliest event reported)
___________________________________
Charlotte’s Web Holdings, Inc.
(Exact name of registrant as specified in its charter)
___________________________________

British Columbia
(State or other jurisdiction of
incorporation or organization)
000-56364
(Commission File Number)
98-1508633
(I.R.S. Employer Identification Number)
700 Tech Court
Louisville, Colorado 80027
(Address of principal executive offices and zip code)
(720) 617-7303
(Registrant's telephone number, including area code)
___________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol
Name of each exchange on which registered
N/AN/AN/A
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act.
Emerging growth company    
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective November 1, 2025 (the “Effective Date”), the board of directors of Charlotte’s Web Holdings, Inc. (the “Company”), appoint Borgia Walker to the Company’s board of directors, until her successor shall have been duly elected and qualified or until her earlier resignation or removal. Ms. Walker’s appointment to the Company’s board of directors follows the departure of Mr. Jonathan Atwood, who notified the Company and the board of directors of his resignation from the board of directors effective October 1, 2025. Ms. Walker’s term will expire concurrently with the 2026 annual general meeting of the shareholders. Ms. Borgia was appointed as one of the designee to the board of directors by British American Tobacco (BAT), pursuant to the Investor Rights Agreement between the Company and BT DE Investments Inc., dated November 14, 2022. Ms. Walker is not a party to any transaction with the Company reportable under Item 404(a) of Regulation S-K under the Securities Act of 1933, as amended.

Ms. Walker has served since December of 2023 as the Chief People Officer of Reynolds American, Inc., an American tobacco company that is a subsidiary of BAT. Ms. Walker joined Reynolds American, Inc in 1995 and has held multiple leadership roles, including Vice President of Strategic Projects, Vice President of Talent Organizational Effectiveness and Inclusion, and Vice President of HR Systems and Integrations. Ms. Walker is a member of the YWCA Board or Directors since September of 2019, and previously served on the Board of Directors of Allegacy Federal Credit Union from 2011 to 2023. She was recognized as an Outstanding Woman in Business by the Triad Business Journal in 2022. Ms. Walker is a licensed Certified Public Accountant in the State of Kentucky and holds a Master of Business Administration from Webster University and a Bachelor of Science in Accountancy from the University of Louisville.

Item 8.01 - Other Events.

On October 21, 2025, the Company issued a press release announcing the appointment of Ms. Walker to the Board of Directors.



SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized on this 21th day of October, 2025.


CHARLOTTE’S WEB HOLDINGS, INC.
By:
/s/ Mindy Garrison
Name:
Mindy Garrison
Title:
Chief People Officer and Corporate Secretary
Date: October 21, 2025

Charlottes Web

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