Charlie's Holdings, Inc. announced that it has entered into subscription agreements with investors for the sale of an aggregate of 20,375,000 shares of its common stock, par value $0.001 per share at a purchase price per share of $0.08 for the aggregate gross proceeds of $1,630,000 on May 31, 2024. The Offering was undertaken in reliance on Section 4(a)(2) under the Securities Act of 1933, as amended.