secwatch.observer — SEC 8-K summary
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Issuer:     CHARLES & COLVARD LTD (—)
CIK:        0001015155
Form:       8-K
Filed at:   2025-04-22T23:59:59+00:00
Accession:  0001104659-25-037514
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Charles & Colvard to be delisted from Nasdaq on April 25, 2025 for failure to file quarterly reports
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- Received Nasdaq determination letter on April 16, 2025 for non-compliance with Listing Rule 5250(c)(1) due to unfiled Forms 10-Q.
- Company will not appeal; trading suspension effective April 25, 2025, followed by Form 25-NSE delisting filing.
- Common stock (CTHR) expected to quote on OTC Experts Market; no assurance of trading market or broker-dealer quotes.
- Decision driven by cost savings; Company filed annual 10-K but missed quarterly filings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1015155/000110465925037514/0001104659-25-037514-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1015155/000110465925037514/tm2512898d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-037514

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