Please wait

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Name of Issuer)

(Title of Class of Securities)

(CUSIP Number)

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13D/A 0002015561 XXXXXXXX LIVE 5 Common Stock 08/22/2025 false 0001015155 159765106 CHARLES & COLVARD LTD 170 SOUTHPORT DRIVE MORRISVILLE NC 27560 Ben Franklin 9042945879 3661 Valverde Cir JACKSONVILLE FL 32224 0002015561 N Riverstyx Capital Management LLC b AF N FL 0.00 232106.00 0.00 232106.00 232106.00 Y 7.4 OO Y The Riverstyx Fund, LP b WC N DE 0.00 232106.00 0.00 232106.00 232106.00 N 7.4 PN Y Riverstyx Fund, GP b AF N DE 0.00 232106.00 0.00 232106.00 232106.00 N 7.4 OO Y Ben Franklin b AF PF N FL 100.00 232106.00 100.00 232106.00 232206.00 N 7.4 IN PN OO Common Stock CHARLES & COLVARD LTD 170 SOUTHPORT DRIVE MORRISVILLE NC 27560 On August 22, 2025, Riverstyx Fund, LP submitted to the Issuer, via email and UPS, a notice nominating three individuals, Ben Franklin, Michael R Levin, and Lloyd M Sems, for election to the Board of Directors of the Issuer at its 2025 annual meeting. The consents of the nominees to be named in such nomination are filed herewith as Exhibit 1. Exhibit 1 - Consents of Nominees Ben Franklin Michael R Levin and Lloyd M Sems Riverstyx Capital Management LLC Ben Franklin Manager of its GP 08/25/2025 The Riverstyx Fund, LP Ben Franklin Manager 08/25/2025 Riverstyx Fund, GP Ben Franklin Manager 08/25/2025 Ben Franklin Ben Franklin Ben Franklin 08/25/2025