---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-129902"
form_type: "8-K"
ticker: null
cik: "0001015155"
company_name: "CHARLES & COLVARD LTD"
filed_at: "2022-12-23T23:59:59+00:00"
generated_at: "2026-06-20T23:12:59.968120+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Charles & Colvard receives Nasdaq deficiency notice for bid price below $1.00

## Summary
- Nasdaq notified on Dec 19, 2022 that CTHR common stock closed below $1.00 for 30 consecutive business days.
- Company has 180 days, until June 19, 2023, to regain compliance by closing at $1.00+ for 10 consecutive days.
- If not compliant by June 19, may qualify for additional 180 days if it meets other listing standards and notifies intent to cure.
- Failure to regain compliance could result in delisting; company will monitor and consider available options.

## SEC filing metadata
- accession: 0001104659-22-129902
- form_type: 8-K
- cik: 0001015155
- company_name: CHARLES & COLVARD LTD
- filed_at: 2022-12-23T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1015155/000110465922129902/0001104659-22-129902-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1015155/000110465922129902/tm2233350d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-129902
- JSON: https://secwatch.observer/filing/0001104659-22-129902.json
- Plain text: https://secwatch.observer/filing/0001104659-22-129902.txt

## Key facts
- Listing & Compliance Notices
  CHARLES & COLVARD LTD received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: December 19, 2022, Charles & Colvard, Ltd. (the “Company”) received a notification letter from Nasdaq’s Listing Qualifications Department indicating that the Company is not in compliance with Nasdaq Listing Rule 5550(a)(2) because the minimum bid price of its common stock on the Nasdaq Capital Market has closed below $1.00 per share for 30 consecutive business days. The notification letter has no immediate effect on the Nasdaq listing or trading in the Company’s common stock. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days, or until June 19, 2023, to reg
  evidence_url: https://www.sec.gov/Archives/edgar/data/1015155/000110465922129902/0001104659-22-129902-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.