{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-081852","form_type":"8-K","ticker":null,"cik":"0001015155","company_name":"CHARLES & COLVARD LTD","filed_at":"2026-07-08T21:18:27+00:00","discovered_at":"2026-07-08T21:20:01.466305+00:00","generated_at":"2026-07-08T21:20:06.162144+00:00","sec_items":["1.02","2.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Charles & Colvard completes asset sale to AJS Creations for $2.7M in Chapter 11","bullets":["Bankruptcy court approved sale of substantially all assets to AJS Creations, Inc. for $2.7M cash on July 1, 2026.","Prior stalking horse bidder JDP terminated; break-up fee of $45,000 paid.","Company cautions common stock may be worthless; trading highly speculative.","AJS was the winning bidder after auction; Light & Star designated as back-up.","Sale includes specified assets and assumption of certain liabilities; JDP Purchase Agreement terminated."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-081852","json":"https://secwatch.observer/filing/0001104659-26-081852.json","markdown":"https://secwatch.observer/filing/0001104659-26-081852.md","text":"https://secwatch.observer/filing/0001104659-26-081852.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1015155/000110465926081852/0001104659-26-081852-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1015155/000110465926081852/tm2620088d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-08T21:20:06.162144+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}