Company: CHUC
Filing Date: 2025-06-24
Form Type: DEF 14A
Source: 0001437749-25-021182
Chunk: 8

Company: Charlie's Holdings, Inc.
Filing Date: 2025-06-24
Form: DEF 14A
Chunk 8
---
='center'>7

PRINCIPAL STOCKHOLDERS</div>

The following table sets forth information regarding the beneficial ownership of the Company as of June 11, 2025 by:

| ● | each person known to be the beneficial owner of more than 5% of the shares of the Company’s common stock; |

| ● | each of the Company’s executive officers, directors, and director nominees; and |

| ● | all current executive officers, directors, and director nominees as a group. |

Beneficial ownership is determined according to the rules of the SEC, which generally provide that a person has beneficial ownership of a security if he, she, or it possesses sole or shared voting or investment power over that security, including Series A preferred stock, options and warrants that are currently exercisable or exercisable within 60 days. The information below is based on an aggregate of 259,946,903 shares of common stock and 122,368 shares of Series A preferred stock (convertible into an aggregate of 27,614,895 shares of common stock) issued and outstanding as of June 11, 2025.

Unless otherwise indicated, the Company believes that all persons named in the table have sole voting and investment power with respect to all shares beneficially owned by them.

| Name, Address and                                                          
 Title (if applicable)                                                      
 (1)                                                                        |     | Shares of 
 Common    
 Stock     |            |     | Shares Issuable 
 Upon            
 Conversion      
 of              
 Preferred A     
 Stock (2)       |           |     | Shares      
 Issuable    
 upon        
 Exercise of 
 Warrants    |   |     | Shares      
 Issuable    
 upon        
 Exercise of 
 Vested      
 Stock       
 Options     |         |     | Total        
 Number       
 of Shares    
 Beneficially 
 Owned        |            |     | %         
 Ownership 
 of Class  |      |   |
| Ryan Stump                                                                 |     |           |            |     |                 |           |     |             |   |     |             |         |     |              |            |     |           |      |   |
| Chief Operating Officer and Director                                       |     |           | 29,548,687 |     |                 |         - |     |             | - |     |             |       - |     |              | 29,548,687 |     |           | 11.4 | % |
| Henry Sicignano III                                                        |     |           |            |     |                 |