Company: CHUC
Filing Date: 2025-08-11
Form Type: 8-K
Source: 0001437749-25-025812
Chunk: 0

Company: Charlie's Holdings, Inc.
Filing Date: 2025-08-11
Form: 8-K
Item: Item 2.01
Chunk 0
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Item 2.01 Completion of Acquisition or Disposition of Assets.

On August 8, 2025, Charlie's Holdings, Inc. (the "Company") entered into and closed on an Amendment to the Asset Purchase Agreement (the “ Amendment”) with R. J. Reynolds Vapor Company (the “ Buyer”) pursuant to which the Buyer purchased one additional PACHA synthetic product and related asset (the “ Additional Assets”) that are covered by a premarket 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 Amendment, which is attached to this Current Report on Form 8-K as Exhibit 10.1 and incorporated by reference herein.

Item 5.07. Submission of Matters to a Vote of Security Holders.