Charlie's Holdings, Inc. (CHUC): M&A transaction — Charlie's Holdings sells PACHA synthetic product to R.J. Reynolds for $1M

Charlie's Holdings, Inc.

Sold one additional PACHA synthetic product to R.J. Reynolds Vapor for $1.0M cash at closing.
Total products purchased by R.J. Reynolds under the Asset Purchase Agreement now 16.
Stockholders elected directors Ryan Stump, Scot Cohen, Jeffrey Fox, Dr. Edward Carmines, Michael King.
Ratified appointment of Urish Popeck & Co. as independent auditor for fiscal 2025.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Charlie's Holdings, Inc. completed a disposition involving R. J. Reynolds Vapor Company for $1.0 million (closed 2025-08-08).

Action: disposition
Counterparty: R. J. Reynolds Vapor Company
Consideration: $1.0 million
Closing: 2025-08-08

Exact text from the filing

tobacco application (“PMTA”) first submitted by the Company in 2022, bringing the total purchased by the Buyer to sixteen. The purchase price for the Additional Assets was $1.0 million paid at closing. The foregoing description of the Amendment does not purport to be complete, and is qualified in its entirety by reference to the full text of the form of

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Charlie's Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-25-025812

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