---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-018949"
form_type: "8-K"
ticker: "CHUC"
cik: "0001134765"
company_name: "Charlie's Holdings, Inc."
filed_at: "2024-06-03T23:59:59+00:00"
generated_at: "2026-06-01T06:43:47.610557+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Charlie's Holdings raises ~$1.63M via sale of 20.4M shares at $0.08; discloses going concern doubt

## Summary
- Sold 20,375,000 shares of common stock at $0.08 per share, gross proceeds ~$1.63 million.
- Proceeds to be used for working capital; offering made under Section 4(a)(2) exemption.
- Subscription agreement states Company has substantial doubt about ability to continue as going concern.
- No minimum offering size; maximum target was $1.75M; investors are accredited.

## SEC filing metadata
- accession: 0001437749-24-018949
- form_type: 8-K
- ticker: CHUC
- cik: 0001134765
- company_name: Charlie's Holdings, Inc.
- filed_at: 2024-06-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1134765/000143774924018949/0001437749-24-018949-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1134765/000143774924018949/chuc20240531_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-018949
- JSON: https://secwatch.observer/filing/0001437749-24-018949.json
- Plain text: https://secwatch.observer/filing/0001437749-24-018949.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.