{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-039968","form_type":"8-K","ticker":null,"cik":"0001015155","company_name":"CHARLES & COLVARD LTD","filed_at":"2026-04-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:31.799138+00:00","generated_at":"2026-05-15T07:12:52.805132+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Charles & Colvard obtains $1M DIP financing; asset sale targeted by July 7, 2026","bullets":["DIP facility from Van Lang Jewelry LLC up to $1M at 9% interest, secured by first-priority liens on precious metals and unencumbered assets.","Interim order entered March 24, 2026; final order hearing set for April 14, 2026.","Milestones: file asset-sale motion by April 15, obtain sale order by July 2, close by July 7.","Company warns common stockholders may suffer significant or complete loss depending on Chapter 11 outcome.","Proceeds to fund operating expenses, bankruptcy costs, and working capital under approved budget."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-039968","json":"https://secwatch.observer/filing/0001104659-26-039968.json","markdown":"https://secwatch.observer/filing/0001104659-26-039968.md","text":"https://secwatch.observer/filing/0001104659-26-039968.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1015155/000110465926039968/0001104659-26-039968-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1015155/000110465926039968/tm2611173d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T07:12:52.805132+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":"bbb283c3da2963679751c7c457e9fbea35c5cd4a","claim":"CHARLES & COLVARD LTD incurred credit facility of $1 million with Van Lang Jewelry LLC at 9% per annum.","evidence_excerpt":"On March 24, 2026, the Company obtained an interim order of the Bankruptcy Court authorizing the Company to obtain post-petition financing in the form of a senior secured superpriority debtor-in-possession credit facility (the “DIP Facility”) consisting of a multiple-draw term loan facility in the aggregate maximum principal amount of up to $1 million","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1015155/000110465926039968/0001104659-26-039968-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001104659-26-056748","ticker":null,"company_name":"ACURA PHARMACEUTICALS, INC","filed_at":"2026-05-07T23:59:59+00:00","headline":"Acura's debt to related party grows to $10.3M; warns of possible shutdown without new financing by May-end","event_type":"debt","sec_items":["1.01","2.01","2.03","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-056748","json":"https://secwatch.observer/filing/0001104659-26-056748.json","markdown":"https://secwatch.observer/filing/0001104659-26-056748.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/786947/000110465926056748/0001104659-26-056748-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/786947/000110465926056748/tm2613771d1_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 24, 2026, the Company obtained an interim order of the Bankruptcy Court authorizing the Company to obtain post-petition financing in the form of a senior secured superpriority debtor-in-possession credit facility (the “DIP Facility”) consisting of a multiple-draw term loan facility in the aggregate maximum principal amount of up to $1 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1015155/000110465926039968/0001104659-26-039968-index.htm","comparable_excerpt":"On each of March 30, 2026, April 3, 2026, April 20, 2026 and May 5, 2026, we received loans of $100,000 from Abuse Deterrent Pharma, LLC (“AD Pharma”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/786947/000110465926056748/0001104659-26-056748-index.htm"}},{"accession":"0001104659-26-057128","ticker":"PUMP","company_name":"ProPetro Holding Corp.","filed_at":"2026-05-07T23:59:59+00:00","headline":"ProPetro issues $690M zero-coupon convertible notes due 2031, expands credit facility","event_type":"debt","sec_items":["1.01","2.03","3.02","8.01","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-057128","json":"https://secwatch.observer/filing/0001104659-26-057128.json","markdown":"https://secwatch.observer/filing/0001104659-26-057128.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1680247/000110465926057128/0001104659-26-057128-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1680247/000110465926057128/tm2613899d1_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 24, 2026, the Company obtained an interim order of the Bankruptcy Court authorizing the Company to obtain post-petition financing in the form of a senior secured superpriority debtor-in-possession credit facility (the “DIP Facility”) consisting of a multiple-draw term loan facility in the aggregate maximum principal amount of up to $1 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1015155/000110465926039968/0001104659-26-039968-index.htm","comparable_excerpt":"On May 7, 2026, ProPetro Holding Corp. (the “ Company ”), issued $690 million aggregate principal amount of its 0.00% Convertible Senior Notes due 2031","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1680247/000110465926057128/0001104659-26-057128-index.htm"}},{"accession":"0001193125-26-208905","ticker":"CORZ","company_name":"Core Scientific, Inc./tx","filed_at":"2026-05-06T23:59:59+00:00","headline":"Core Scientific subsidiary prices $3.3B of 7.750% senior secured notes due 2031","event_type":"debt","sec_items":["1.01","1.02","2.03","8.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-208905","json":"https://secwatch.observer/filing/0001193125-26-208905.json","markdown":"https://secwatch.observer/filing/0001193125-26-208905.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1839341/000119312526208905/0001193125-26-208905-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1839341/000119312526208905/d47435d8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 24, 2026, the Company obtained an interim order of the Bankruptcy Court authorizing the Company to obtain post-petition financing in the form of a senior secured superpriority debtor-in-possession credit facility (the “DIP Facility”) consisting of a multiple-draw term loan facility in the aggregate maximum principal amount of up to $1 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1015155/000110465926039968/0001104659-26-039968-index.htm","comparable_excerpt":"On May 6, 2026, Core Scientific Finance I LLC (the “Issuer”), a wholly-owned indirect subsidiary of Core Scientific, Inc. (“Core Scientific”), completed its previously announced private offering (the “Offering”) of $3.3 billion aggregate principal amount of its 7.750% Senior Secured Notes due 2031 (the “Notes”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1839341/000119312526208905/0001193125-26-208905-index.htm"}},{"accession":"0001104659-26-053247","ticker":"HUT","company_name":"Hut 8 Corp.","filed_at":"2026-05-01T23:59:59+00:00","headline":"Hut 8 subsidiary issues $3.25B of 6.192% Senior Secured Notes due 2042 for data center project","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-053247","json":"https://secwatch.observer/filing/0001104659-26-053247.json","markdown":"https://secwatch.observer/filing/0001104659-26-053247.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1964789/000110465926053247/0001104659-26-053247-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1964789/000110465926053247/tm2613163d1_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 24, 2026, the Company obtained an interim order of the Bankruptcy Court authorizing the Company to obtain post-petition financing in the form of a senior secured superpriority debtor-in-possession credit facility (the “DIP Facility”) consisting of a multiple-draw term loan facility in the aggregate maximum principal amount of up to $1 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1015155/000110465926039968/0001104659-26-039968-index.htm","comparable_excerpt":"Act”), and outside the United States to non-U.S. persons in reliance on Regulation S\nunder the Securities Act. The aggregate principal amount of Notes sold in the Offering was $3,250 million. The Notes were issued at a price equal to 100% of their principal amount.\nThe Issuer intends to use the proceeds from the Offering to (i) finance a portion of the development","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1964789/000110465926053247/0001104659-26-053247-index.htm"}},{"accession":"0001193125-26-201510","ticker":"BBGI","company_name":"BEASLEY BROADCAST GROUP INC","filed_at":"2026-05-01T23:59:59+00:00","headline":"Beasley completes exchange of $184M second-lien notes for $98.5M PIK notes, new $35M ABL facility","event_type":"debt","sec_items":["1.01","2.03","8.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-201510","json":"https://secwatch.observer/filing/0001193125-26-201510.json","markdown":"https://secwatch.observer/filing/0001193125-26-201510.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1099160/000119312526201510/0001193125-26-201510-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1099160/000119312526201510/d64747d8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 24, 2026, the Company obtained an interim order of the Bankruptcy Court authorizing the Company to obtain post-petition financing in the form of a senior secured superpriority debtor-in-possession credit facility (the “DIP Facility”) consisting of a multiple-draw term loan facility in the aggregate maximum principal amount of up to $1 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1015155/000110465926039968/0001104659-26-039968-index.htm","comparable_excerpt":"1, 2026, Beasley Mezzanine Holdings, LLC (the “Issuer”), a direct, wholly owned subsidiary of Beasley Broadcast Group, Inc. (the “Company”), issued $98,475,254 in aggregate principal amount of 10.000% Senior Secured Second Lien PIK Notes due 2027 (the “2027 PIK Notes”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1099160/000119312526201510/0001193125-26-201510-index.htm"}},{"accession":"0001213900-26-050957","ticker":"BRLS","company_name":"Borealis Foods Inc.","filed_at":"2026-05-01T23:59:59+00:00","headline":"Borealis Foods enters $17M term loan with Oxus, repays Frontwell; potential equity conversion up to $33.3M","event_type":"debt","sec_items":["1.01","1.02","2.03","3.02","5.02","8.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-050957","json":"https://secwatch.observer/filing/0001213900-26-050957.json","markdown":"https://secwatch.observer/filing/0001213900-26-050957.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1852973/000121390026050957/0001213900-26-050957-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1852973/000121390026050957/ea0288749-8k_borealis.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 24, 2026, the Company obtained an interim order of the Bankruptcy Court authorizing the Company to obtain post-petition financing in the form of a senior secured superpriority debtor-in-possession credit facility (the “DIP Facility”) consisting of a multiple-draw term loan facility in the aggregate maximum principal amount of up to $1 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1015155/000110465926039968/0001104659-26-039968-index.htm","comparable_excerpt":"SPAC sponsor and a significant shareholder of\nthe Company. Pursuant to the Credit Agreement, Oxus provided\na term loan to the Borrowers in an aggregate principal amount of up to $17.0 million (the “Term Loan”). The obligations under\nthe Credit Agreement are guaranteed by the Company, Borealis IP Inc., and Palmetto Gourmet Foods (Canada) Inc. (collectively, the","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1852973/000121390026050957/0001213900-26-050957-index.htm"}},{"accession":"0001493152-26-020889","ticker":"NXXT","company_name":"NEXTNRG, INC.","filed_at":"2026-05-01T23:59:59+00:00","headline":"NextNRG enters $1M venture debt at ~203% APR; CEO personally guarantees","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-020889","json":"https://secwatch.observer/filing/0001493152-26-020889.json","markdown":"https://secwatch.observer/filing/0001493152-26-020889.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1817004/000149315226020889/0001493152-26-020889-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1817004/000149315226020889/form8-k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 24, 2026, the Company obtained an interim order of the Bankruptcy Court authorizing the Company to obtain post-petition financing in the form of a senior secured superpriority debtor-in-possession credit facility (the “DIP Facility”) consisting of a multiple-draw term loan facility in the aggregate maximum principal amount of up to $1 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1015155/000110465926039968/0001104659-26-039968-index.htm","comparable_excerpt":"On April 27, 2026, NextNRG, Inc. (the “Company”) entered into a Business Loan and Security Agreement (the “Venture Debt Agreement”), dated as of April 27, 2026, with Venture Debt, LLC (“Venture Debt”), pursuant to which Venture Debt provided the Company a loan in the principal amount of $1,000,000 (the “Venture Debt Loan”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1817004/000149315226020889/0001493152-26-020889-index.htm"}},{"accession":"0001628280-26-029320","ticker":"SNTI","company_name":"Senti Biosciences, Inc.","filed_at":"2026-05-01T23:59:59+00:00","headline":"Senti Biosciences enters $40M convertible note agreement with Celadon; initial $10M tranche","event_type":"debt","sec_items":["1.01","2.03","3.02","5.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-029320","json":"https://secwatch.observer/filing/0001628280-26-029320.json","markdown":"https://secwatch.observer/filing/0001628280-26-029320.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1854270/000162828026029320/0001628280-26-029320-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1854270/000162828026029320/snti-20260427.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 24, 2026, the Company obtained an interim order of the Bankruptcy Court authorizing the Company to obtain post-petition financing in the form of a senior secured superpriority debtor-in-possession credit facility (the “DIP Facility”) consisting of a multiple-draw term loan facility in the aggregate maximum principal amount of up to $1 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1015155/000110465926039968/0001104659-26-039968-index.htm","comparable_excerpt":"the first tranche consists of $10.0 million in aggregate principal amount of Notes that are to be issued (the “Initial Notes”), subject to the satisfaction of certain specified closing conditions","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1854270/000162828026029320/0001628280-26-029320-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}