{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-061659","form_type":"8-K","ticker":null,"cik":"0001015155","company_name":"CHARLES & COLVARD LTD","filed_at":"2024-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.888631+00:00","generated_at":"2026-06-01T22:28:12.169484+00:00","sec_items":["3.03","5.03","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Charles & Colvard announces 1:10 reverse stock split to comply with Nasdaq $1.00 minimum bid price","bullets":["Reverse stock split at 1:10 ratio effective 12:01 a.m. ET on May 17, 2024.","Issued shares reduce from ~30.3M to ~3.0M; authorized shares unchanged.","Intended to regain compliance with Nasdaq's $1.00 minimum bid price for continued listing.","Ticker remains CTHR; new CUSIP 159765205; trading begins split-adjusted on May 17.","Proportionate adjustments made to equity awards under stock incentive plans."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-061659","json":"https://secwatch.observer/filing/0001104659-24-061659.json","markdown":"https://secwatch.observer/filing/0001104659-24-061659.md","text":"https://secwatch.observer/filing/0001104659-24-061659.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1015155/000110465924061659/0001104659-24-061659-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1015155/000110465924061659/tm2414501d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T22:28:12.169484+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5d410bcb916f0e2d9e51130f57f0afc918ccf127","claim":"CHARLES & COLVARD LTD: Amendment to Articles of Incorporation to effect a 1-for-10 reverse stock split (effective 2024-05-17).","evidence_excerpt":"On May 14, 2024, the Company filed the Articles of Amendment to the Articles of Incorporation (the “Amendment”) with the North Carolina Secretary of State, with an effective time of 12:01 a.m., Eastern Time on May 17, 2024 (the “Effective Date”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1015155/000110465924061659/0001104659-24-061659-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2024-05-17"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}