Company: CHUC
Filing Date: 2025-07-03
Form Type: DEFR14A
Source: 0001437749-25-022145
Chunk: 10

Company: Charlie's Holdings, Inc.
Filing Date: 2025-07-03
Form: DEFR14A
Chunk 10
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 the Series A Ownership Limitation or the Series A Voting Limitation. As of June 18, 2025, we had outstanding 122,368 shares of Series A preferred stock convertible into an aggregate of 27,614,895 shares of common stock. |

| (3) | Includes securities held by V3 Capital Partners and the Scot Jason Cohen Foundation. Mr. Cohen is the Managing Partner of V3 Capital Partners and an officer of the Scot Jason Cohen Foundation, and has dispositive and/or voting power over these shares. |

| (4) | Brandon Stump, the Company’s former Chief Executive Officer and Chairman of the Board, resigned October 29, 2021. |

| (5) | Based on information from Amendment No. 7 to Schedule 13D filed on February 18, 2022. Consists of (i) 534,167 shares of Common Stock held directly by Vincent C. Smith; (ii) 10,415 shares of Common Stock held in Mr. Smith’s IRA account; (iii) 40,128,254 shares of Common Stock held by Red Beard Holdings, LLC; (iv) 7,616,275 shares of Common Stock issuable upon the conversion of 33,750 shares of Series A Preferred Stock held by Red Beard Holdings, LLC; and (v) 92,760 shares of Common Stock held by LB 2, LLC. Vincent C. Smith is (i) the Manager of Red Beard and has the sole right to vote and dispose of the securities held by Red Beard and (ii) the Manager of LB 2, LLC, and has the sole right to vote and dispose of the securities held by LB 2, LLC. |

| (6) | Based on Company ownership information from Amendment No. 4 to Schedule 13G filed on May 14, 2025. The amounts reflected in the table above consists of (i) 12,078,473 shares of Common Stock, which includes (a) 10,052,158 shares of Common Stock held of record by ICIG, (b) 2,024,315 shares of Common Stock held of record by Iroquois Master Fund, and (c) 2,000 shares of Common Stock held of record by Kensington. Mr. Abbe is the President of Iroquois Capital, which is the investment advisor for Iroquois Master Fund. Mr. Abbe and Ms. Page are the directors of Iro