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Riverstyx Capital Management LLC – ‘SCH 13G’ on 4/22/24 re: Charles & Colvard Ltd.

On:  Monday, 4/22/24, at 3:52pm ET   ·   Accession #:  2015561-24-1   ·   File #:  5-53115

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer

 4/22/24  Riverstyx Capital Management LLC  SCH 13G                1:10K  Charles & Colvard Ltd.

Statement of Acquisition of Beneficial Ownership by a “Passive” Investor   —   Schedule 13G   —   WA’68

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SCH 13G     Statement of Acquisition of Beneficial Ownership    HTML     10K 
                by a "Passive" Investor -- primary_doc.xml                       




        

This ‘SCH 13G’ Document is an XML Data File that may be rendered in various formats:

  Form SCH 13G    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 

 
SEC Info rendering:  Statement of Acquisition of Beneficial Ownership by a "Passive" Investor
 

The SEC has not released XSLT Stylesheets needed to render this File’s XML Data as a Form.

This is our “Plain Text” rendering:
 
                                                                                                                                                                                
EDGAR Submission
 
Header Data:
Submission Type:  SCHEDULE 13G
Filer Info:
Filer:
Filer Credentials:
CIK:  2015561
CCC:  XXXXXXXX
Live-Test Flag:  LIVE
Form Data:
Cover Page Header:
Securities Class Title:  Common Stock
Event Date Requires Filing This Statement:  4/19/24
Issuer Info:
Issuer CIK:  1015155
Issuer Name:  CHARLES & COLVARD LTD
Issuer CUSIP:  159765-10-6
Issuer Principal Executive Office Address:
Street 1:  170 SOUTHPORT DRIVE
City:  MORRISVILLE
State or Country:  NC
ZIP Code:  27560
Designate Rules Pursuant This Schedule Filed:
Designate Rule Pursuant This Schedule Filed:  Rule 13d-1(c)
Cover Page Header Reporting Person Details:
Reporting Person Name:  Riverstyx Capital Management, LLC
Member Group:  b
Citizenship or Organization:  FL
Reporting Person Beneficially Owned Number of Shares:
Sole Voting Power:  0.00
Shared Voting Power:  1,640,712.00
Sole Dispositive Power:  0.00
Shared Dispositive Power:  1,640,712.00
Reporting Person Beneficially Owned Aggregate Number of Shares:  1,640,712.00
Class Percent:  5.4
Type of Reporting Person:  OO
Comments:  Limited Liability Company
Cover Page Header Reporting Person Details:
Reporting Person Name:  The Riverstyx Fund, LP
Member Group:  b
Citizenship or Organization:  DE
Reporting Person Beneficially Owned Number of Shares:
Sole Voting Power:  0.00
Shared Voting Power:  1,640,712.00
Sole Dispositive Power:  0.00
Shared Dispositive Power:  1,640,712.00
Reporting Person Beneficially Owned Aggregate Number of Shares:  1,640,712.00
Class Percent:  5.4
Type of Reporting Person:  PN
Cover Page Header Reporting Person Details:
Reporting Person Name:  Riverstyx Fund GP, LLC
Member Group:  b
Citizenship or Organization:  DE
Reporting Person Beneficially Owned Number of Shares:
Sole Voting Power:  0.00
Shared Voting Power:  1,640,712.00
Sole Dispositive Power:  0.00
Shared Dispositive Power:  1,640,712.00
Reporting Person Beneficially Owned Aggregate Number of Shares:  1,640,712.00
Class Percent:  5.4
Type of Reporting Person:  OO
Comments:  Limited Liability Company
Cover Page Header Reporting Person Details:
Reporting Person Name:  Ben Franklin
Member Group:  b
Citizenship or Organization:  X1
Reporting Person Beneficially Owned Number of Shares:
Sole Voting Power:  0.00
Shared Voting Power:  1,640,712.00
Sole Dispositive Power:  0.00
Shared Dispositive Power:  1,640,712.00
Reporting Person Beneficially Owned Aggregate Number of Shares:  1,640,712.00
Class Percent:  5.4
Type of Reporting Person:  IN
Items:
Item 1:
Issuer Name:  CHARLES & COLVARD LTD
Issuer Principal Executive Office Address:  170 SOUTHPORT DRIVE, MORRISVILLE, NORTH CAROLINA, 27560.
Item 2:
Filing Person Name:  The Riverstyx Fund, LP Riverstyx Fund, GP, LLC Riverstyx Capital Management, LLC Ben Franklin
Principal Business Office or Residence Address:  3661 Valverde Cir Jacksonville, FL 32224
Citizenship:  The Riverstyx Fund, LP - Delaware Riverstyx Fund, GP, LLC - Delaware Riverstyx Capital Management, LLC - Florida Ben Franklin - United States
Item 3:
Not Applicable Flag?  Yes
Item 4:
Amount Beneficially Owned:  The Riverstyx Fund, LP - 1,640,712 Riverstyx Fund, GP, LLC - 1,640,712 Riverstyx Capital Management, LLC - 1,640,712 Ben Franklin - 1,640,712
Class Percent:  The Riverstyx Fund, LP - 5.4% Riverstyx Fund, GP, LLC - 5.4% Riverstyx Capital Management, LLC - 5.4% Ben Franklin - 5.4%
Number of Shares Person Has:
Sole Power or Direct to Vote:  The Riverstyx Fund, LP - 0 shares Riverstyx Fund, GP, LLC - 0 shares Riverstyx Capital Management, LLC - 0 shares Ben Franklin - 0 shares
Shared Power or Direct to Vote:  The Riverstyx Fund, LP - 1,640,712 Riverstyx Fund, GP, LLC - 1,640,712 Riverstyx Capital Management, LLC - 1,640,712 Ben Franklin - 1,640,712
Sole Power or Direct to Dispose:  The Riverstyx Fund, LP - 0 shares Riverstyx Fund, GP, LLC - 0 shares Riverstyx Capital Management, LLC - 0 shares Ben Franklin - 0 shares
Shared Power or Direct to Dispose:  The Riverstyx Fund, LP - 1,640,712 Riverstyx Fund, GP, LLC - 1,640,712 Riverstyx Capital Management, LLC - 1,640,712 Ben Franklin - 1,640,712
Item 5:
Not Applicable Flag?  Yes
Class Ownership 5 Percent or Less?  No
Item 6:
Not Applicable Flag?  Yes
Item 7:
Not Applicable Flag?  Yes
Item 8:
Not Applicable Flag?  Yes
Item 9:
Not Applicable Flag?  Yes
Item 10:
Not Applicable Flag?  No
Certifications:  By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
Signature Information:
Reporting Person Name:  Riverstyx Capital Management, LLC
Signature Details:
Signature:  Ben Franklin
Title:  Manager of its GP
Date:  4/22/24
Signature Information:
Reporting Person Name:  The Riverstyx Fund, LP
Signature Details:
Signature:  Ben Franklin
Title:  Manager
Date:  4/22/24
Signature Information:
Reporting Person Name:  Riverstyx Fund GP, LLC
Signature Details:
Signature:  Ben Franklin
Title:  Manager
Date:  4/22/24
Signature Information:
Reporting Person Name:  Ben Franklin
Signature Details:
Signature:  Ben Franklin
Title:  Ben Franklin
Date:  4/22/24


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