# EDGAR Filing Document

**Accession Number:** 0001015155
**File Stem:** 0001376474-25-000764
**Filing Date:** 2025-8
**Character Count:** 10308
**Document Hash:** 05d56dd1a02a68559d79c27e0dd9e6fa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001376474-25-000764.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001376474-25-000764

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D

**PUBLIC DOCUMENT COUNT**: 6

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CHARLES & COLVARD LTD
- **CENTRAL INDEX KEY:** 0001015155
- **STANDARD INDUSTRIAL CLASSIFICATION:** JEWELRY, SILVERWARE & PLATED WARE [3910]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 561928817
- **STATE OF INCORPORATION:** NC
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-53115
- **FILM NUMBER:** 251247501

**BUSINESS ADDRESS:**
- **STREET 1:** 170 SOUTHPORT DRIVE
- **CITY:** MORRISVILLE
- **STATE:** NC
- **ZIP:** 27560
- **BUSINESS PHONE:** 9194680399

**MAIL ADDRESS:**
- **STREET 1:** 170 SOUTHPORT DRIVE
- **CITY:** MORRISVILLE
- **STATE:** NC
- **ZIP:** 27560

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** C3 INC /NC/
- **DATE OF NAME CHANGE:** 19970829
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Pham Duc Hoang
- **CENTRAL INDEX KEY:** 0002079212

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D

**MAIL ADDRESS:**
- **STREET 1:** 3286 VIN SANTO LN
- **CITY:** SAN JOSE
- **STATE:** CA
- **ZIP:** 95148

## Ex-99

![Page 1](exhibit-0001.jpg)

------

![Page 2](exhibit-0002.jpg)

------

![Page 3](exhibit-0003.jpg)

------

![Page 4](exhibit-0004.jpg)

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**CHARLES & COLVARD LTD**

*(Name of Issuer)*

**Common Stock**

*(Title of Class of Securities)*

**159765205**

*(CUSIP Number)*

**Duc Pham**<br>3286 Vin Santo Ln.<br>San Jose CA 95148<br>408-876-7071

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**08/20/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **159765205** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Pham Duc Hoang** | Name of reporting person<br>**Pham Duc Hoang** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**299900.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**155900.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**299900.00** | Aggregate amount beneficially owned by each reporting person<br>**299900.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**9.6%** | Percent of class represented by amount in Row (11)<br>**9.6%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

| **CUSIP No.** | **159765205** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Don Pham** | Name of reporting person<br>**Don Pham** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**144000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**144000.00** | Aggregate amount beneficially owned by each reporting person<br>**144000.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**4.6%** | Percent of class represented by amount in Row (11)<br>**4.6%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock

**(b) Name of Issuer:**
CHARLES & COLVARD LTD

**(c) Address of Issuer's Principal Executive Offices:**
170 SOUTHPORT DRIVE, MORRISVILLE, NC, 27560

This Statement on Schedule 13D (this Statement) relates to shares of common stock (Common Stock) of Charles & Colvard LTD (the Issuer). This Statement is being filed by the Reporting Persons as a result of the August 20, 2025 proxy agreement between Duc Pham and Don Pham acquiring approximately the latter's voting power. Duc Pham now has voting power over approximately 9.6% of Issuers shares.

The Issuer's principal executive offices are located at 170 Southport Dr., Morrisville, North Carolina 27560. All series of Common Stock issued by the Issuer that vote together as a single class are treated as one class. There are a total of 3,118,273 shares outstanding as of April 3, 2025 according to the Issuers 10-K filed on the same date.

**Item 4. Purpose of Transaction**

Duc Pham has been a committed investor in the Company for nearly a decade, yet despite this long-standing support for the Company and belief in its mission, he is deeply concerned about the Company's current trajectory. In order to address these issues, Mr. Pham has increased his position in the Company over time and following an irrevocable proxy made on August 20, 2025, now holds voting power over 9.6% with 4.99 coming from Duc Pham and 4.61 from Don Pham's voting power of the Company's outstanding shares becoming one of the Company's single largest voting shareholders. To address the Company's urgent challenges and restore long-term shareholder value, Duc Pham will seek a seat on the board in order to propose a multi-pronged strategy focused on these issues of governance reform, financial stabilization, and operational turnaround.

**Item 5. Interest in Securities of the Issuer**

**(a)**
The responses of the Reporting Persons to Rows (7) through (11) of the cover pages of this Statement are incorporated herein by reference. The Reporting Persons currently beneficially own an aggregate of 299,900 shares of Common Stock, or 9.6% of the outstanding shares of Common Stock of the Issuer, based upon a total of 3,118,273 shares outstanding as of April 3, 2025 according to the Issuers 10-K filed on the same date. Duc Pham has sole voting power over 299,900 shares, including 144,000 shares owned by Don Pham pursuant to an irrevocable proxy. Duc Pham has dispositive power over 155,900 shares. Don Pham retains dispositive power over 144,000 shares but has no voting power.

**(b)**
The responses of the Reporting Persons to Rows (7) through (11) of the cover pages of this Statement are incorporated herein by reference. The Reporting Persons currently beneficially own an aggregate of 299,900 shares of Common Stock, or 9.6% of the outstanding shares of Common Stock of the Issuer, based upon a total of 3,118,273 shares outstanding as of April 3, 2025 according to the Issuers 10-K filed on the same date. Duc Pham has sole voting power over 299,900 shares, including 144,000 shares owned by Don Pham pursuant to an irrevocable proxy. Duc Pham has dispositive power over 155,900 shares. Don Pham retains dispositive power over 144,000 shares but has no voting power.

**(c)**
No transactions in the Issuers Common Stock have been effected by Reporting Person in the past sixty days.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

The responses of the Reporting Persons under Item 4 hereof are incorporated herein by reference.

Duc Pham, in his individual capacity files now with Don Pham. Duc Pham has obtained the right to vote on behalf of Don Pham.

Pham and memorialized their irrevocable proxy wherein Duc Pham will have the right to vote all shares.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Pham Duc Hoang

**Signature:** Duc Pham

**Name/Title:** Individual

**Date:** 08/22/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Don Pham

**Signature:** Don Pham

**Name/Title:** Individual

**Date:** 08/22/2025