Material Agreement, Asset Transaction, Proxy Results (Form 8-K)

Item 1.01 Entry into a Material Definitive Agreement.

See Item 2.01 below, which is incorporated herein by reference.

Item 2.01 Completion of Acquisition or Disposition of Assets.

On August 8, 2025, Charlie's Holdings, Inc. (the "Company") entered into and closed on an Amendment to the Asset Purchase Agreement (the "Amendment") with R. J. Reynolds Vapor Company (the "Buyer") pursuant to which the Buyer purchased one additional PACHA synthetic product and related asset (the "Additional Assets") that are covered by a premarket tobacco application ("PMTA") first submitted by the Company in 2022, bringing the total purchased by the Buyer to sixteen. The purchase price for the Additional Assets was $1.0 million paid at closing.

The foregoing description of the Amendment does not purport to be complete, and is qualified in its entirety by reference to the full text of the form of Amendment, which is attached to this Current Report on Form 8-K as Exhibit 10.1 and incorporated by reference herein.

Item 5.07. Submission of Matters to a Vote of Security Holders.

At the 2025 Annual Meeting of Stockholders of the Company held on August 7, 2025 (the "Annual Meeting"), the matters voted upon and the number of votes cast for or against, as well as the number of abstentions and broker non-votes as to such matters, were as stated below.

Proposal 1 - Election of Directors

The Company's stockholders elected the following nominees for director to serve a one-year term ending at the 2026 Annual Meeting of Stockholders and until such director's successor is duly elected or appointed and qualified or, if earlier, such director's earlier death, resignation or removal:

Proposal 2 - To Ratify the appointment of Urish Popeck & Co., LLC

The Company's stockholders ratified the appointment of Urish Popeck & Co., LLC as our independent registered certified public accounting firm for fiscal year 2025 by the following vote: