Company: CHUC
Filing Date: 2025-07-03
Form Type: DEFR14A
Source: 0001437749-25-022145
Chunk: 9

Company: Charlie's Holdings, Inc.
Filing Date: 2025-07-03
Form: DEFR14A
Chunk 9
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 |   |     |             |         |     |              |            |     |           |      |   |
| Irvine, California 92614                                                   |     |           | 40,765,596 |     |                 | 7,616,275 |     |             | - |     |             |       - |     |              | 48,381,871 |     |           | 18.1 | % |
| Iroquois Capital Management, LLC (6)                                       |     |           |            |     |                 |           |     |             |   |     |             |         |     |              |            |     |           |      |   |
| 2 Overhill Road                                                            |     |           |            |     |                 |           |     |             |   |     |             |         |     |              |            |     |           |      |   |
| Scarsdale, NY 10583                                                        |     |           | 12,078,473 |     |                 |         - |     |             | - |     |             |       - |     |              | 12,078,473 |     |           |  4.6 | % |

| (1) | Unless otherwise indicated, the address for each stockholder is 1007 Brioso Drive, Costa Mesa, California 92627. |

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| (2) | Pursuant to the Certificate of Designation of the Series A preferred stock (“Series A COD”), shares of Series A preferred stock may not be converted or exercised, as applicable, to the extent that the holder and its affiliates would own more than 4.99% (or 9.99% upon the election of any holder) of the Company’s outstanding common stock after such conversion (the “Series A Ownership Limitation”); provided, however, that any holder may waive the Conversion Limitation upon 61 days written notice to the Company. The Series A COD also entitles each share of Series A preferred stock to vote, on an as converted basis, along with the common stock; provided, however, that the Series A preferred stockholders may not vote to the extent that the holder and its affiliates would control more than 9.99% of the Company’s voting power (the “Series A Voting Limitation”). Ownership percentages in this table were calculated in accordance with Section 13(d) of the Exchange Act, and do not reflect any adjustments due to