top of page

Riverstyx Capital Management Announces Intention to Nominate Three Board Candidates to Charles & Colvard, Ltd (CTHR)

Key Summary: On August 27, 2024, Riverstyx Capital Management (8.7%) notified the Company of its intention to nominate three Board candidates for the next annual shareholders meeting

Market Cap: $5 million| Charles & Colvard, Ltd. operates as a fine jewelry company in the United States and internationally.

  

Riverstyx Capital Management

  • On August 27, 2024, Riverstyx Capital Management (8.7%) submitted notice to the Company that it intends to nominate three candidates for election to the Board of Directors at the next annual meeting of shareholders. Source

  • On October 1, 2024, Riverstyx Capital Management issued a letter to the shareholders urging them to support for real change at the company.


Carlos Daniel Valadez

  • On April 11, 2023, Carlos Daniel Valadez (5.16%) stated that he intended to engage in discussions with the management and the board regarding the company's strategic marketing plan, capital allocation strategy, branding strategy and other related topics. Source

  • On May 15, 2023, Mr. Valdez sent a letter to the Board, requesting certain changes to the company’s strategy.

3 views0 comments

Recent Posts

See All

Comments

Couldn’t Load Comments
It looks like there was a technical problem. Try reconnecting or refreshing the page.
bottom of page