- Jewelry company Charles & Colvard Ltd 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.
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