Charles & Colvard bankruptcy court approves USD 2.7 million asset sale to AJS Creations

Charles & Colvard Ltd.

Charles & Colvard Ltd.

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  • Bankruptcy court approved the sale of Charles & Colvard’s operating assets to AJS Creations for USD 2.7 million on June 25, 2026.
  • AJS was selected as the winning bidder at a June 22 auction; Light & Star USA was named back-up bidder.
  • The prior stalking-horse deal with Jewelry Design Partners will terminate on closing; Van Lang Jewelry will receive a USD 45,000 break-up fee.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Charles & Colvard Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-078310), on June 26, 2026, and is solely responsible for the information contained therein.

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