Charles & Colvard Enters $5M Credit Facility With JPMorgan Chase Bank


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  • Jewelry company Charles & Colvard Ltd (NASDAQ:CTHR)  announced a commercial banking relationship with JPMorgan Chase Bank, N.A.
  • The partnership includes a $5 million credit facility, executed July 12, 2021, following the termination of prior credit facility with White Oak Commercial Finance, effective July 9, 2021.
  • The company held $19.6 million in cash and equivalents as of March 31, 2021.
  • Price action: CTHR shares are trading lower by 1.78% at $2.76 on the last check Tuesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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