The Superior Court Division in Wake County, North Carolina, ordered Charles & Colvard Ltd. to hold its 2025 annual shareholder meeting as requested by Riverstyx Fund, LP.
The court outlined specific instructions for the meeting, including the date, agenda items, and notification requirements for shareholders.
This court order follows the corporation's last annual meeting held on December 13, 2023.
Meeting Details
The 2025 Shareholder Meeting for Charles & Colvard Ltd. will take place on October 13, 2025, with specific agenda items including board elections and compensation votes.
Notification Requirements
Shareholders must receive written notice of the meeting at least 30 days prior, and the record date for participation is set for August 29, 2025.
Quorum and Participation
Shareholders can participate in person or by proxy at the meeting, where the number of represented shares will constitute a quorum.
- This court order ensures that shareholders of Charles & Colvard Ltd. have the opportunity to participate in key decision-making processes.
- The specific agenda items indicate a focus on governance, transparency, and shareholder engagement within the corporation.
The court's decision to mandate the annual shareholder meeting demonstrates a commitment to corporate governance and shareholder rights at Charles & Colvard Ltd.