secwatch.observer — SEC 8-K summary
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Issuer:     Charlie's Holdings, Inc. (CHUC)
CIK:        0001134765
Form:       8-K
Filed at:   2024-06-03T23:59:59+00:00
Accession:  0001437749-24-018949
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1134765/000143774924018949/0001437749-24-018949-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1134765/000143774924018949/chuc20240531_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-018949

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