Other Information
−Removed: During the six months ended June 30, 2025, none of the Company's directors or officers adopted or terminated any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408 of Regulation S-K of the Securities Act of 1933).
−Removed: On October 11, 2022, the Company entered into a Promotional Rights Agreement (the "MLB Promotional Rights Agreement") with MLB Advanced Media L.P., on its own behalf and on behalf of Major League Baseball Properties, Inc., the Office of the Commissioner of Baseball, The MLB Network, LLC and the Major League Baseball Clubs (collectively, the "MLB"), pursuant to which the Company entered into a strategic partnership with MLB to promote the Company's new NSF-Certified for Sport® product line.
−Removed: The Company and MLB entered into a letter agreement ("PRA Letter Agreement") terminating the MLB Promotional Rights Agreement as of May 13, 2025 (the "PRA Termination Date") and waives the Company's obligation to pay the current and remaining aggregate rights fee of $18 million for the remainder of the term of the MLB Promotional Rights Agreement.
−Removed: MLB and the Company entered into the PRA Letter Agreement as a negotiated resolution to certain of the Company's unmet payment obligations under MLB Promotional Rights Agreement.
−Removed: The Company will have a sell off period during which it may dispose of any MLB branded products of the Company.
+Added: During the three months ended September 30, 2025, none of the Company's directors or officers adopted or terminated any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408 of Regulation S-K of the Securities Act of 1933).
Documents filed as part of this report
Description Location
−Removed: Promissory Note, dated July 15, 2025.
−Removed: Incorporated by reference to Exhibit 99.1 to the Current Report on Form 8-K filed by the Company on July 21, 2025
31.1 Certification of Periodic Report by Principal Executive Officer under Section 302 of the Sarbanes-Oxley Act of 2002.
15 unchanged sentences
104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) Filed herewith
+Added: † Indicates a management contract or compensatory plan or arrangement.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
CHARLOTTE'S WEB HOLDINGS, INC.
−Removed: August 13, 2025 By:
+Added: November 12, 2025 By:
/s/ Erika Lind
3 unchanged sentences
Signatures Title Date
−Removed: /s/ William Morachnick Chief Executive Officer (Principal Executive Officer) August 13, 2025
+Added: /s/ William Morachnick Chief Executive Officer (Principal Executive Officer) November 12, 2025
William Morachnick
−Removed: /s/ Erika Lind Chief Financial Officer (Principal Financial Officer) August 13, 2025
+Added: /s/ Erika Lind Chief Financial Officer (Principal Financial Officer) November 12, 2025
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.