secwatch.observer — SEC 8-K summary
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Issuer:     CHARLES & COLVARD LTD (—)
CIK:        0001015155
Form:       8-K
Filed at:   2022-12-23T23:59:59+00:00
Accession:  0001104659-22-129902
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1015155/000110465922129902/0001104659-22-129902-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1015155/000110465922129902/tm2233350d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-129902

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