Charlotte's Web Holdings, Inc. 8-K

What Happened

• On March 30, 2026, Charlotte’s Web Holdings, Inc. issued a press release announcing that it has entered into a proposed transaction with BT DE Investments, Inc., a subsidiary of British American Tobacco plc (BAT). The press release is attached to the Form 8-K as Exhibit 99.1.
• The company said it will file a preliminary and then a definitive proxy statement on Schedule 14A with the SEC regarding the proposed transaction; the definitive proxy and related materials will be made available to stockholders of record as of April 6, 2026.

Key Details

• Filing date of 8-K / press release: March 30, 2026.
• Counterparty: BT DE Investments, Inc. (subsidiary of British American Tobacco plc, LSE: BATS / NYSE: BTI).
• Proxy materials: Preliminary and definitive Schedule 14A proxy statements to be filed with the SEC; definitive proxy to be provided to stockholders of record as of April 6, 2026.
• How to get materials: Free copies will be available at www.sec.gov or by contacting Charlotte’s Web at 700 Tech Court, Louisville, CO 80027 or (720) 484-8930.

Why It Matters

• The company’s announcement signals a potentially material transaction that will require further disclosure and a stockholder vote via the forthcoming proxy statement. Investors should review the proxy materials when filed to understand transaction terms, potential impacts on ownership, and recommendations from the board.
• The 8-K clarifies this filing is informational only (not a solicitation or offer), and identifies Charlotte’s Web directors, officers and employees as potential participants in any solicitation; detailed participant information will appear in the proxy statement. Investors should wait for the proxy filing for the full details before making decisions.